Use the Following Information for Questions

question 121

Multiple Choice

Use the following information for questions.
On February 1, 2010, Henson Company factored receivables with a carrying amount of $300,000 to Agee Company.Agee Company assesses a finance charge of 3% of the receivables and retains 5% of the receivables.Relative to this transaction, you are to determine the amount of loss on sale to be reported in the income statement of Henson Company for February.
-Assume that Henson factors the receivables on a with guarantee (recourse) basis.The amount of cash received is

• A)$285,000.
• B)$276,000.
• C)$291,000.
• D)$300,000.

Identify various techniques and tools for enhancing slide show presentations.

Understand the use and customization of slide backgrounds, including gradient and pattern fills.

Recognize and utilize different views in PowerPoint for specific tasks (such as Slide Master and Presenter View).

Apply security measures to presentations, such as marking as final or inspecting for personal information.

---

Definitions:

Nonrenewable Natural Resource

A natural resource that cannot be replaced or replenished once it is extracted or consumed, such as fossil fuels or minerals.

Solar Power

The conversion of energy from sunlight into electricity, either directly using photovoltaics or indirectly using concentrated solar power.

U.S. Electricity Generation

The process of producing electrical power in the United States through various sources like fossil fuels, nuclear, and renewable energies.

Primary Sources

Original materials or evidence from the time being studied, used by researchers to analyze and interpret historical events or phenomena.