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JulijaS [17]
3 years ago
11

Harold borrows $20,000 from Alex and signs a note promising to pay Alex this amount plus interest in one year. Alex negotiates t

he note to Reese, an HDC. Before the note is due, Harold declares bankruptcy and the court finds it to be true. According to the discharge in bankruptcy defense, which of the following is true in this scenarioA) Reese can recover from Harold.
B) Reese can recover from Alex.
C) Alex can recover from Harold.
D) Reese cannot enforce the instrument.
Business
1 answer:
Tomtit [17]3 years ago
4 0

Answer:

B)

Explanation:

Reese can recover from Alex.

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In the current​ year, PULR Company sold land for $ 81,000 ​cash, purchased a delivery van for $ 22,000 ​cash, and issued common
Trava [24]

Answer:

B, $158,000

Explanation:

Given the following information about PULR in the current year;

Sale of land = $ 81,000 (Increase in cash balance)

Purchase of delivery van = $ 22,000 (decrease in cash balance)

Issued common stock = $ 97,000 (Increase in cash balance)

All cash transactions.

Net cash provided by investing activities = $ 81,000 - $ 22,000 + $ 97,000

                                                                     = $ 158,000

7 0
3 years ago
When reviewing a Profit and Loss report in QuickBooks Online, which report option will quickly show a client income and expenses
Lemur [1.5K]

Answer: Compare another period > Previous year (PY)

Explanation:

QuickBooks Online is an accounting service provided to small and medium businesses to help them with their accounting needs even with the most rudimentary of knowledge.

Should you want to view a client's income and expenses over the past two years, use the compare another period and then the Previous year option. The income and expenses will be shown for the current year and the last one making it 2 years.

6 0
3 years ago
An increase in the minimum wage will tend to cause which of the following to​ occur? A. an increase in the size of the surplus o
VMariaS [17]

Answer:

The answer is B.

Explanation:

The law of supply states that the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

Labor is resource in factor market. Factor market is a market where factor of production like capital, labor, land etc are sold and bought.

With an increase in minimum wage, many people will be willing to work. This means there is an increase in supply of labor which will lead to rightward shift in the supply of labor.

5 0
3 years ago
One end item A requires three component parts: B, C, and D. The bill of material indicates that for each completed A, 3 units of
pashok25 [27]

Answer:

Presently there will be 18 A’s, in accumulation there will be 43 B’s, this can create 43 ÷ 3 = 14.3 A’s.  

Moreover the 50 C’s might create 50 ÷ 2 = 25 A’s.  

Thus 35 D’s might create 35 A’s.  

Now B is a restriction.  

Consequently a determined of 14.3 A’s might be prepared with the existing stocks in hand.  

Therefore the entire A’s that might be distributed at the beginning of following week is 18 + 14.3 = 32 .3

8 0
3 years ago
EA8.
Agata [3.3K]

Answer:

293,000 units

Explanation:

As we know that

Ending work in process inventory units = Beginning inventory units + units started - units completed and transferred

72,000 units = 75,000 units + 290,000 units - units completed and transferred

72,000 units = 365,000 units - units completed and transferred

So, the units completed and transferred would be

= 365,000 units - 72,000 units

= 293,000 units

8 0
3 years ago
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