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nika2105 [10]
3 years ago
10

Secured debt can be secured by any of the following except?

Business
1 answer:
mote1985 [20]3 years ago
8 0
There’s no other option
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Scenario D. Jimena works for a small company that makes nut butters from ingredients like cashews and macadamia nuts, and jams f
s2008m [1.1K]

Answer:

D. best-case scenario.

Explanation:

This is true because, there are two scenarios involved in the production- Jimenas' company's production method and Spicy Sides company's method. She is trying to compare the two production methods and comes up with the best case scenario that leads to low cost of production.

8 0
3 years ago
Inventory at the end of the year was inadvertently overstated. Which of the following statements correctly states the effect of
jasenka [17]

Answer:

B net income is overstated, assets are overstated, and stockholders' equity is overstated

Explanation:

The movement in the balance of inventory at the start and end of a period is as a result of sales and purchases. While sales reduces the balance in inventory, purchases increases the balance. This may be expressed mathematically as

Opening balance + purchases - cost of goods sold = closing balance

Hence, where ending inventory balance is overstated, cost of goods sold is understated. When cost of goods sold is understated, gross and net incomes are overstated. Hence owner's equity is overstated and asset overstated.

6 0
3 years ago
A country's balance of trade refers to the value of its
Rashid [163]

Answer:

Balance of trade (BOT) is the difference between the value of a country's exports and the value of a country's imports for a given period.

Explanation:

6 0
2 years ago
According to the consumer decision process, after consumers recognize the need for a product, they then engage in:.
lions [1.4K]

Answer:

An information search.

What is information search?

is a stage in the Consumer Decision Process during which a consumer searches for internal or external information.

4 0
3 years ago
Speedy Runner requires an ending cash balance of at least​ $12,000 and can borrow from a line of credit in​ $1,000 increments. H
Ghella [55]

Answer:

$9,000

Explanation:

Beg. Cash Balance $15,300

Cash Collections +$435,000

Cash Available $450,300

Less Cash Disbursements:

Direct Materials ($80,000)

Direct Labor ($32,000)

MOH ($25,000)

Operating Expenses ($110,000)

Capital Expend. ($200,000)

Cash Excess $3,300

Borrow +$9,000

Ending Cash Balance $12,300

3 0
4 years ago
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