Wall street journal indicating that companies
Wall Street Journal indicating that companies are selling their receivables at a record rate. Discuss the reasons why a company may want to sell its receivables and the advantages and disadvantages of this practice.
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On January 1, 2012, Morgan Company acquires $350,500 of Nicklaus, Inc., 9% bonds at a price of $333,370. The interest is payable each December 31, and the bonds mature December 31, 2014.
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If a business were to receive $11,000 in payments per year at the end of each year for the next 5 years from a supplier, what would be the current value of these payments at 4% rate of return?
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One component of a radio produced by Audio Systems, Inc., is currently being purchased for $225 per 100 parts. Management is studying the possibility of manufacturing that component.
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Determine the costs per equivalent unit for May. (Round your answers to 2 decimal places. Omit the "$" sign in your response.) Materials Conversion Cost per equivalent unit $ $
On january1, 2010 the company issued $10,000,000 of 5 percent bonds at par value that mature in five years on december 31, 2014. cost incurred in issuing the bonds were $500,000.
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