:turkeys) examine the table turkeys. trader tom is a monopolist that sells fried turkeys for dinner for a constant marginal and average cost of $10 per turkey. assume that tom has no fixed cost. tom has 6 potential customers, each of which will buy at most one turkey if the price is just equal to or lower than their willingness to pay, which is shown in the table. if tom acts as a single-price monopolist to maximize profits, what price will he charge for each turkey? $30 $20 $15 $5

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.