Answer:
Holder in due course
Explanation:
A holder in due course arise when someone accepted the negotiable instrument for exchange in the value without any kind of reason. In this, there is a right for claim the value of an instrument that oppose to the orginator and the intermediate holders
So as per the given situation, Lary is holder in due case as he is holding the check in the good faith also he is not aware of the last theft
Answer:
determining the discount rate
Explanation:
when you do this it helps to read the textbook and the answers are right there and it tells you . 120-345 would help
Answer: Market Penetration Pricing.
Explanation:
MPP, Market Penetration Pricing is a where a company uses a strategy to attract customers to their product. Which also means lowing the price for customers to buy their products.
When lowing a price: This strategy is used to attract customers, they buy their product - then if they like it they will keep buying it even if the price is raised. This is a common strategy for tons of company brands.
Answer:
D. Has no effect on the Earnings Per Share for the Coming Year
Explanation:
The cash dividend declared and paid by ABC in January of the Current year represent dividend declared from the profitability of the previous year and as such it will have no effect on the calcuation of Earnings Per Share of the coming year. EPS is a measure to calculate the level of profitability of a company.
The formula for EPS
= (Net Income-Preferred Dividend)/ Weighted Average Shares Outstanding
A cash dividend on common stock only affects the determination of the Total/Weighted Average Common Shares Outsanding which is the denominator of the Formula for calculating Earnings Per Share. It is also important to state that the cash dividend that will affect the Total Average Common Shares is the the dividend declared for that year and not the previous year. Hence, the dividend of the previous year paid in January cannot affect the calculation of EPS for the coming year.
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