Answer:
A: $0
Explanation:
Holder in due course describes a person who has accepted a negotiable certificate in good faith.
It is one of the requirements by law for a holder in due course that it must not be aware of any defaults.
Since Happy Collection Agency knew about the default, it has no claim over the note.
Answer:
1.$35,000
2.$6,300,000
Explanation:
The computation of Unit sales to earn the target income and Sales amount at required profit is given below:-
a. Contribution per unit = Unit sale price - Unit variable cost
= $180 - $135
= $45
Unit sales at required profit = (Sales cost + Required cost) ÷ Contribution per unit
= ($562,500 + $1,012,500) ÷ $45
= $1,575,000 ÷ $45
= $35,000
b. Sales amount at required profit = Unit sales at required profit × Unit sale price
= $35,000 × $180
= $6,300,000
Answer:
provide ongoing customer support, service, and be alert for new sales opportunities
Explanation:
Because the banks were down