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kipiarov [429]
3 years ago
12

Fine office company employs general construction, inc. (gci), to renovate an office and signs a note for $10,000 payable to gci.

gci breaches the contract, but sells the note for $5,000 to happy collection agency, which knows that gci has not performed. happy is an hdc of the note in the amount of
a.$0.
b.$5,000.
c.$10,000.
d.$15,000
Business
1 answer:
zubka84 [21]3 years ago
7 0

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.

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which tool would the government most likely employ during a period of inflation to stabilize the economy ?
Scorpion4ik [409]

They would LOWER THE CASH RATE so the value of the dollar can hopefully go back up again

3 0
3 years ago
The Edward James Toy Company uses a kanban system to make a plastic wheels that are a component of several toys. The waiting tim
kicyunya [14]

Answer:

The number of kanban containers needed for the wheels is 4.2 containers

Explanation:

In order to calculate the number of kanban containers needed for the wheels we would have to calculate the following formula:

number of kanban containers needed for the wheels=Demand rate*(Average processing time+Average waiting time)*(1+Alpha)/Container size

According to the given data we have the following:

Demand rate = 2000 per day

Average processing time= 0.15 day

Average waiting time = 0.25 day

Container size= 200

Alpha= 5%

Therefore, number of kanban containers needed for the wheels=2,000*(0.15+0.25)*(1+0.05)/200

number of kanban containers needed for the wheels=4.2 containers

The number of kanban containers needed for the wheels is 4.2 containers

6 0
2 years ago
A key element of customer relationship management is to: Group of answer choices keep the price of goods as low as possible. dev
juin [17]

A key element of customer relationship management is to: develop a strategy to achieve the largest possible market share.

  • A company or other organization manages its relationships with consumers using a process called customer relationship management, which often involves studying a lot of data through data analysis.
  • CRM systems come in three basic categories: operational, analytical, and collaborative. Here's how to pick the best one to give your clients better conversational customer experiences.
  • Customer retention, loyalty, profitability, and satisfaction are the four pillars of customer relationship management.
  • A tool known as customer relationship management (CRM) is used to handle all interactions and relationships between your business and its clients. Simple is the aim: strengthen commercial ties. CRM systems assist businesses in maintaining contact with clients, streamlining procedures, and boosting profitability.

Thus this is the answer.

To learn more about CRM, refer:brainly.com/question/27993518

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3 0
1 year ago
You've decided to buy a house that is valued at $1 million. You have $350,000 to use as a down payment on the house, and want to
IRISSAK [1]

Answer:

d. 5704.02

Explanation:

Nper = 30*12 = 360

Rate = 10%/12 = 0.008333

PV = 650,000

Using the MS Excel function:

Monthly payment = PMT(RATE, NPER, -PV)

Monthly payment = PMT(10%/12, 360, -650000)

Monthly payment = $5,704.02

8 0
3 years ago
Alex and Bess have been in partnership for many years. The partners, who share profits and losses on a 70:30 basis, respectively
Usimov [2.4K]

Answer:

Alex and Bess Partnership

Part A: Step-by-step Distribution:

                                  Cash     Noncash assets  Liabilities      Alex       Bess

December 31            $48,000    $135,000      $36,000   $94,500  $52,500

Safe cash

distribution              (26,400)                 0                   0      (18,480)    (7,920)

1st Liabilities              (21,600)                 0         (21,600)              0              0

Sale of noncash       147,000      (135,000)                            8,400      3,600    

Safe cash distrib.   (100,000)                                              (70,000) (30,000)

Final liabilities          (14,400)                  0         (14,400)               0             0

Liquidation expense (4,100)                  0                             (2,870)    (1,230)

Final distribution    (28,500)                  0                            (11,550) (16,950)

Part B: Final Statement of Partnership Liquidation:

                                   Cash     Noncash assets  Liabilities      Alex       Bess

December 31             $48,000   $135,000      $36,000   $94,500  $52,500

Sale of noncash         147,000     (135,000)                           8,400       3,600

Payment of liabilities (36,000)                         (36,000)

Liquidation expenses  (4,100)                  0                          (2,870)      (1,230)

Distribution             (154,900)                   0                0   (100,030)   (54,870)

Explanation:

a) Data and Calculations:

Profits and losses sharing ratio = 70:30

Estimated liquidation expenses = $5,500

Balance Sheet at Liquidation Date:

Cash                      $48,000     Liabilities                               $36,000

Noncash assets     135,000     Alex, capital                            94,500

                                                 Bess, capital                           52,500

Total assets           183,000     Total liabilities and capital $ 183,000

3 0
2 years ago
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