Answer:
Under the UCC 1-201(37) Mallon has a security enthusiasm for the generator it provided to Redford as a security under UCC 9-102(4(72)). The generator is insurance under UCC 9-102(a) (12) thus, long as Mallon documents has recorded its consummated security intrigue first under UCC 9-322(a) (1), it will have need in taking the guarantee from Garfield.
If Mallon's and Redford's liens were both idealized, at that point the first to record or claim the security has need under UCC 9-322(a)(1). Under UCC 9-322(a)(3), the first of un-perfected security interests to append has need.
A special case that Mallon should know about is under UCC 9-320(a), where in a purchaser (Garfield) of products in the customary course of the dealer's (Redford) business, the purchaser beats a secure about gathering's (Mallon) intrigue, regardless of whether idealized and regardless of whether the purchaser is aware of the security intrigue.
Answer:
Has its profits taxed as personal income
Explanation:
Sole proprietorship: The sole proprietorship is the person who is the single owner of a company. He is personally liable for all the acts which are held in the company. In this, there is no separate entity between the company and its members.
Moreover, during filling the return, the owner has to file a tax based on the profits on its personal income
Its owner choice to continue the business for longer period or for a shorter period. So, it does not has unlimited life, neither it have limited financial liability nor it involves significant legal costs during the formation process.
So, a sole proprietorship has its profits taxed as personal income.
Answer:
A. drive down inventory investment, lower delivery costs, and improve delivery reliability and speed.
Explanation:
Inventory investment is allocating resources to raw materials, finished goods, and work in progress. Supply managers will outsource logistics services to save costs and improve efficiency in inventory management.
Specialized logistics companies deliver raw material and distribute finished goods at a fast speed and lower cost. Outsourcing will present the supplies manager as reliable in the books of their customers.
Answer:
The computation is shown below:
Explanation:
The journal entries are shown below:
a. Account payable $70,000
To Notes payable $70,000
(Being the issuance of the note is recorded)
b. Note payable $70,000
Interest expense $1,575
To Cash $71,575
(Being the payment of the note at maturity date including interest is recorded)
The computation is shown below:
= $70,000 × 9% × 90 days ÷ 360 days
= $1,575
We assume 360 days in a year
Now the effects on the accounts and the financing statement for issuance of the note is shown below:
Balance sheet
Assets = Liabilities + Stockholder equity Income statement cash flow statement
No effect = Account payable - $52,000 + No effect No effect + no effect
Note payable + $52,000
Answer:
The advertising career that interest me the most is marketing
Explanation:
