User Account

All Pages

What amount of cash would popper receive as a result

Assignment Help Accounting Basics
Reference no: EM132493322

Question 1 - Which method of estimating bad debt expense focuses on the faithful representation of the net realizable value of receivables?

A. net method

B. allowance method

C. aging method

D. direct write-off method

Question 2 - Popper Enterprises factors $700,000 of its accounts receivable to Third Bank with recourse for a finance charge of 4%. The finance company retains an amount equal to 7% of the accounts receivable for possible adjustments. Third Bank will return the hold back to Popper when it collects the receivables. In addition, the fair value of the recourse liability is estimated at $20,000. What amount of cash would Popper receive as a result of this transaction?

A. $665,000

B. $680,000

C. $623,000

D. $700,000

Reference no: EM132493322

Questions Cloud

Determine purchase price of bond and construct complete bond : A $1000 bond redeemable at $1050 on December 1, 2016, pays interest at j2 = 6: 5%. The bond is bought on June 1, 2014 to yield j2 = 5: 5% to maturity.
Describe the animation style of the film : In the animated film The 7th Voyage of Sinbad describe the animation style of the film. Is the entire film animated, or parts/characters?
Determine the purchase price of the bond : A bond with $40 semi-annual coupons is purchased at a premium to yield j2 = 7%. If the rst write-down is $4.33, determine the purchase price of the bond.
Identify two major claims that darwin makes : Using Darwin's chapter from Origin of Species identify two major claims that Darwin makes in this chapter and list the evidence and support that he uses for tho
What amount of cash would popper receive as a result : The fair value of the recourse liability is estimated at $20,000. What amount of cash would Popper receive as a result of this transaction
Descriptive quantitative data on immigration : What are some descriptive quantitative data on immigration?
Explain what type of visual is it : Find any data visual from google that you fin interesting and then answer the questions below then
What was the purchase price : A bond with $80 annual coupons is purchased at a discount to yield j2 = 7*1/2 %. The write -up for the rst year is $22. What was the purchase price?
What is the companys accounts receivable turnover ratio : Average accounts receivable $300,000 and Average accounts payable 100,000. What is the companys accounts receivable turnover ratio

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd