a. The contract that Jamie entered into for the purchase a washer and dryer based on an in-store credit card with McKinney Appliances constitutes an <em>enforceable security interest.</em>
The enforceability of the contract stems from the fact that Jamie freely agreed to use the store's credit and the agreement was not a fraud.  With this security interest, McKinney Appliances officially establishes its security interest in the washer and dryer.  It can exercise the claim in the appliance when Jamie fails to honor the agreement.
b. Yes. It is an enforceable contract.  This contract involves the sale of goods with a down payment and credit.
Thus, McKinney Appliances can legally force Jamie to pay on his account, failing which, McKinney Appliances may recover Washer and Dryer.
Learn more: brainly.com/question/9636559
 
        
                    
             
        
        
        
Answer: (d)common stock dividends and preferred stock dividends are not tax-deductible; interest is tax-deductible
Explanation:
Here is the complete question:
Regarding the tax treatment of payments to securities holders, it is true that _________, while _________.
(a)interest and preferred stock dividends are not tax-deductible; common stock dividends are tax deductible
(b)interest and preferred stock dividends are tax-deductible; common stock dividends are not tax-deductible
(c)common stock dividends and preferred stock dividends are tax-deductible; interest is not tax-deductible
(d)common stock dividends and preferred stock dividends are not tax-deductible; interest is tax-deductible
Regarding the tax treatment of payments to securities holders, it is true that common stock dividends and preferred stock dividends are not tax-deductible while interest is tax-deductible.
It should be noted that the profit of a company is gotten when the expenses are deducted from the revenue. The dividends are not tax deductible as they are not expenses.
 
        
             
        
        
        
Answer:
2015 $31,500 
2016 $31,500
2017 $31,500
Explanation:
Number of Options in total × Fair Value of the Stock per option
Where
Number of Options in total = 63
 Fair Value of the Stock per option =15
Hence:
(63*100) ×$15
=$6,300 ×$15
 = $ 94,500
Compensation expense will be:
 2015, 2016, and 2017 will give us 3 years 
 = $94,500/3
 = $31,500 for 2015, 2016, and 2017
Fair value of the options is said to be evaluated on grant date and expenditure is been recognised in 3 years because the employee will be working for 3 years which is from year 2015 to 2017
 
        
             
        
        
        
Answer:
<u>Price per share of MGDI's stock is $78</u>
Explanation:
Earnings per share=Total earnings/Shares of common stock outstanding
=(13/2)=$6.5
PE ratio=Stock price/Earnings per share
Stock price=$6.5*12
=$78.