whocares1819
04.04.2020 •
Business
Dowbak Inc. factors with recourse $450,000 of accounts receivable with a finance company. The factor charges a 5% finance fee and retains an amount equal to 15% of the accounts receivable for sales adjustments. Dowbak estimates its recourse liability for bad debts to be $6,000. What is the amount of the loss on sale of receivables that Dowbak would recognize upon sale of its receivables to the finance company?
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Ответ:
A) The West Virginia potato supply curve will shift rightwards.
Explanation:
When the demand for potato increase its prices will go upwards. All the U.S. states have high demand for potato except West Virginia. The West Virginia will have increased supply because the demand is lower which will cause the price to be lower. The supply curve will shift rightwards because of law of one price.