Answer and Explanation:
The Preparation of company's cash budget is shown below:-
Beginning cash balance $21,000
Add: Cash receipt $100,000
Total cash available $121,000
Less: Cash disbursement $99,000
Excess of cash available
over disbursement $22,000
Add: Borrowings $33,000
Cash balance, ending $55,000
Answer:
Mary can cancel the transaction at any time before midnight of the third business day thereafter.
Explanation:
If she is having second thoughts about the deal , then Mary can cancel the transaction at any time before midnight of the third business day thereafter this is due to the fact that Mary may exercise the right to rescind or cancel the transaction until midnight on the third day after the transaction. She can cancel the deal at no cost to herself within 3 days of closing.
Answer:
B. 200%
Explanation:
I don't know what NOO is, but 200% of 5 is 10.
that means an increase in $10, making it $15.
Answer:
First the bank will collect its $150,000 and then the county will collect $2,500 in unpaid property taxes.
Explanation:
Generally, liens get in line depending on the time that they were recorded (contractor then credit card) but property taxes have superiority over other liens even f they were recorded before. After the foreclosure, the liens cease to exist, but not the debt. The property will still owe $500 in taxes and the previous owner will still owe $3,000 to the contractor and $12,000 in credit card debt.
Basic concept of principles of morality is that what is moral to you may not be moral to me. What is wrong to you might not be wrong to me.
SO every individual has different perspective in each situation thus respect is the only key to avoid issues.
