Answer:
Answer is Option A: do nothing, as PMSIs are automatically perfected.
Explanation:
PMSI stands for Purchase-Money Security Interest which is a legal claim that a lender can do to repossess the property financed with its loan. He may also demand repayment in cash in case the borrower defaults. But in case of consumer goods, PMSI in consumer goods is not required to be filled because it is automatically perfected without filling.
In the given scenario when a refrigerator is bought and the store create PMSI in the refrigerator so that Sung can pay it over time, they have to do nothing do get PMSI perfected.
Answer:
The Question has been offered as to pick the least of the terms less expensive than lifetime alternative, so it is smarter to continue with the choices given in the Question.
For 14 years:
Year Cash Flow PVF = 7.6% Cash Flow
0 $800 1 $800
1 - 13 $800 8.0807 $6464.56
<u>Total $7264.56
</u>
For 13 years
:
Year Cash Flow PVF = 7.6% Cash Flow
0 $800 1 $800
1 - 12 $800 7.6948 $6155.83
<u>Total $6955.835
</u>
<u>
</u>For 19 years
Year Cash Flow PVF = 7.6% Cash Flow
0 $800 1 $800
1 - 18 $800 9.6377 $7710.16
<u>Total $8510.16
</u>
<u>
</u>
For the long time alternative it is realize that not doable choice to go with 19 years so obviously past 19 years likewise not possible so for a long time not comprehended.
from the over the least is accessible in 13 years so lloyd needs to go for a long time.
Answer:
$311,100
Explanation:
Solution
Recall that:
Assume Chester corp downsized the size of their workforce by = %
The exit interviews cost estimated = 100
Additional normal costs of separation = $5000
Now,
The Total Employee = 305
The Down Sizing = 20%
Thus,
The Total Employee = 305 x 20% = 61 employees
so,
The Separation cost per employees = $5000
The Exit interview cost = $100
Total cost = $5,100
Now,
The total overall cost of separation = 61 employees x total cost of separation per employees
Which is,
= 61 x 5100 = = $311,100
