Harmon sporting goods received a $60,000, 6-month, 10% note from a customer, four months after receiving the note, it was discounted at a local bank at a 12% discount rale. the cash proceeds received harmon were:
a) $63,000
b) $64,680
c) $61,740
d) $67,200

Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale.required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse.b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this.c. explain the difference between sale of receivables with recourse as oppose to without recourse.

In transportation model analysis, the stepping-stone method is used to: a. obtain an initial feasible solutionb. evaluate empty cells for possible degeneracyc. evaluate empty cells for potential solution improvementsd. identify a dummy origin pointe. balance supply and demand

Sarah wants to use a suitable forecasting method to forecast the sales of umbrellas at her shop. she knows that her sales are seasonal. which technique of sales forecasting would you suggest to her?