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bezimeni [28]
3 years ago
10

Bartell contracts with LaRonda to remodel and retile a bathroom. LaRonda finishes the job and gives Bartell a bill for $14,000 f

or labor and materials. Bartell refuses to pay. In this case, LaRonda may seek: a. nothing; she may bring a suit only for breach of contract. b. an innkeeper's lien. c. an artisan's lien.d. a mechanic's lien.
Business
1 answer:
Olegator [25]3 years ago
8 0

Answer:

d. a mechanic's lien.

Explanation:

Based on the information provided within the question it can be said that in this case LaRonda may seek a mechanic's lien. This term is a security interest that provides benefit to those that have undergone labor or purchased materials in order to renovate or improve upon the property. Which is what LaRonda did, and can therefore seek a mechanic's lien in order to get paid.

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Selected data (in thousands) derived from the income statement and balance sheet of National Beverage Co. for a recent year are
ss7ja [257]

Answer and Explanation:

The preparation of the cash flow statement is presented below:        

Cash flow from operating activities

Net income $49,311

Less: Gain on disposal of property -$1,188

Add: Depreciation expense $11,580

Add:  Other items involving non-cash expenses $1,383

Less: Increase in accounts receivable -$1,746

Add: Decrease in inventory $990

Less: Increase in prepaid expenses -$605

Less: Decrease in accounts payable -$710

Less:  Decrease in accrued and other current liabilities -995

Cash flow provided by operating activities $58,020

b.

Amortization of intangible assets  : Added

Decrease in accounts payable  : Decrease

Decrease in accounts receivable  : Added

Decrease in accrued and other current liabilities    : Decrease

Decrease in inventory  : Added

Decrease in prepaid expenses  : Added

Depreciation  : Added

Gain on disposal of property    : Decrease

Increase in accounts payable  : Added

Increase in accrued and other current liabilities  : Added

Increase in accounts receivable    : Decrease

Increase in inventory    : Decrease

Increase in prepaid expenses    : Decrease

Losses on disposal of property: Added

Other items involving noncash expenses  : added

4 0
4 years ago
You receive a credit card application from Shady Banks Savings and Loan offering an introductory rate of .6 percent per year, co
kolezko [41]

Answer:

Total interest paid = $606.63

Explanation:

First calculate the monthly payment for first six months

Monthly interest for first 6 months =.006/12=.0005

= 6500*(1.0005)^6

=6519.52

Interest rate for next six months

=17.37%/12=1.45%

(1.0145)^6=1.090054

=6519.52*(1+.0145)^6

=7106.63

Total interest paid = 7106.63-6500  

Total interest paid = 606.63

7 0
3 years ago
A food warehouse store got a very good buy on a brand of frozen orange juice and, rather than maintain it as extra inventory, pr
choli [55]

Answer:

(d) Sales promotion

Explanation:

Sales promotion is one level or kind of showcasing pointed either at the buyer or at the dissemination channel.  

It is utilized to present new item, get out inventories, pull in rush hour gridlock, and to lift deals incidentally.  

It incorporate challenges, coupons, complimentary gifts, misfortune pioneers, purpose of procurement shows, premiums, prizes, item tests, and discounts. Deals advancements can be aimed at either the client, deals staff, or dissemination channel individuals

4 0
3 years ago
What’s the easier way to save money weekly from your payroll
I am Lyosha [343]
Not sure how specific this has to be but setting percentages of where you want your money would be a great way if that’s an option.
4 0
3 years ago
Indicate whether it would appear on the statement of cash flows as a(n): operating activity, investing activity, or financing ac
Naily [24]

Answer:

a. Cash receipts from customers.

Statement of cash flows: Operating activity

b. Issuance of common stock for cash

Statement of cash flows: Financing activity

c. Payment of cash dividends

Statement of cash flows: Financing activity

d. Cash purchase of equipment

Statement of cash flows: Investing Activities

e. Cash payments to suppliers

Statement of cash flows: Operating activities

f. Sale of old machine for cash

Statement of cash flows: Investing Activities

4 0
3 years ago
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