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3 years ago

3) Upon debtor's default what rights does the creditor have to the collateral?

Business

1 answer:

malfutka [58]3 years ago

6 0

Answer:To use the the collateral to redeem the debts.

Explanation:

On giving out loans creditors normally demands for collateral to cover their exposure to the loan in case of defaults by the debtors.

On confirmation of loan defaults the creditor takes ownership of the the collateral for use or sales to compensate for the loan defaults.

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The Candle Shop experienced the following events during its first year of operations, Year1

zhenek [66]

Answer:

a) 1. Acquired cash by issuing common stock ⇒ Asset Source

2. Paid a cash dividend to the stockholders ⇒ Asset Use

3. Paid cash for operating expenses ⇒ Asset Use

4. Borrowed cash from a bank ⇒ Asset Source

5. Provided services and collected cash ⇒ Asset Source

6. Purchased land with cash ⇒ Asset Exchange

7. Determined that the market value of the land is higher than the historical cost ⇒ Not applicable

b) I used an excel spreadsheet because there is not enough room here.

Download pdf

3 0

3 years ago

Sarah is delivering a presentation on time management in the workplace. Each slide consists of not more than four to five points

svetlana [45]

In PowerPoint, you can use the speaker note section to make notes to yourself of things you want to be sure and say during your talk. The audience will not see these notes, they are only on the presenters screen (if the presentation is configured properly).

4 0

3 years ago

Beginning Work in Process Inventory was 10,000 units that were 20% complete and 40,000 units started, with ending Work in Proces

lesya692 [45]

Answer:

Material EUP = 5000

Conversion Costs EUP = 51,200

Explanation:

Under weighted average method

Beginning Work in Process Inventory 10,000

Units Started = 40,000

Units to account for 50,000

In the Work In Process for Conversion Costs

Beginning Work In Process (10,000*20 %) = 2000 were complete

Work done on beginning inventory = 10,000- 2,000= 8,000

Units Started = 40,000

Add Ending Inventory (8000*40%) 3200

Units to account for = 51,200

5 0

4 years ago

Sam, a third-grader, really likes to look for interesting bugs with other people during recess. Each of Sam's friends offers to

andre [41]

Answer: 1. No.

2. Yes.

Explanation:

Price Discrimination is a pricing strategy where suppliers/producers or sellers sell a good to different people at different prices depending largely on their preference and/or capacity to pay for the commodity i.e, if you want it more, you are charged more.

1. Johnny did not like to play Hopscotch, so offering Suzie one day of Hopscotch for two days of bug hunting is fair and no price discrimination occured as he did not offer these terms to someone else who's game he did not like.

2. Sam knew that Johnny really liked playing Slaps so he leveraged on that and offered him more expensive terms so to speak than he did to Bill even though he liked playing the both games equally. This means that he charged Johnny more than Bill simply because Johnny liked and preferred his game alot which is Price discrimination.

4 0

3 years ago

Management is the attainment of organizational goals in an effective and efficient manner through ______, ______, ______, and __

Ainat [17]

Answer:

b. planning, organizing, leading, and controlling

Explanation:

The management is an achievement of organizational goals in an effective as well as an efficient way through organizing, planning, controlling and leading organizational sources. Basically organizational goals are strategically placed aims that plan expected outcomes furthermore supervise subordinates' efforts. There are three kinds of organizational goals they are as follows:

* Tactical

* Strategic

* Operational goals

Organizing, planning, controlling and leading are the qualities that are very effective.

3 0

3 years ago