Why are banks willing to lend funds to people?

Warner Furniture Center had accounts receivable of $ 26 comma 000 at the beginning of the year and $ 55 comma 000 at year-end. Revenue for the year totaled $ 118 comma 000. How much cash did the business collect from customers?

Jiminez Company has two investment opportunities. Both investments cost $5,000 and will provide the following net cash flows: Year Investment A Investment B 1 $ 3,000 $ 3,000 2 3,000 4,000 3 3,000 2,000 4 3,000 1,000 What is the total present value

On July 8, Action Co. issued a $70,000, 6%, 120-day note payable to Scanlon Co. Assuming a 360-day year, what information is needed to calculate the maturity value of the note? a.

On April 1, 2020, Rasheed Company assigns $400,000 of its accounts receivable to the Third National Bank as collateral for a $200,000 loan due July 1, 2020. The assignment agreement calls for Rasheed to continue to collect the receivables.

Sportware, a leading shoe manufacturer, markets sneakers under the brand name "Athletix" and dress shoes under the brand name "Cameo" in order to target the two different market segments.

How is an online bank different from a retail bank? A. Online bank and retail bank refer to the same entity, so there is no difference between them. B. An online bank has lower operating costs than a retail bank. C.

Income Summary has a credit balance of $12,000 in J. Spencer, Co., after closing revenue and expense accounts. The entry to close Income Summary is A: debit Income Summary $12,000, credit Owner's Capital $12,000.

The fiscal 2018 balance sheet for Whole Foods Market reports the following data (in millions). What is the company's current ratio?

Blowing Sand Company has just received a one-time offer to purchase 10,000 units of its Gusty model for a price of $22 each. The Gusty model normally sells for $30 and costs $26 to produce ($17 in variable costs and $9 of fixed overhead).

Explain one challenge raised by vint cerf in "the internet is for everyone - but it won't be if ..." and give one example of it that you know about.