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Ne4ueva [31]
3 years ago
7

Harley signs a check payable to Pro Accountants, P.C., and gives it to Pro, leaving the amount blank but authorizing the firm to

fill in the check for $10,000. Pro fills in $15,000 and negotiates the check to Valley Bank, to whom Pro owes $15,000. Valley Bank, an HDC, can enforce the check for
a. ​$0.
b. ​$5,000.
c. ​$15,000.
d. ​$10,000.
Business
1 answer:
Evgen [1.6K]3 years ago
4 0

Answer:

The correct answer to the following question is option C) $15,000 .

Explanation:

Harley signed and gave a blank check to the Pro accountants , and giving them them the authority to fill the amount by themselves but she had already came to an agreement with Pro accountant that the amount they would fill is $10,000 . But Pro accountants didn't do that, instead they filled the check for $15,000 , and gave the check to valley bank , now the valley bank has the full authority to enforce the full $15000 amount .

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Orange Corporation manufactures custom-made wallets. The following data pertains to Job GH7: Direct materials placed into produc
Nataly [62]

Answer: Overhead cost assigned to Job GH7 is $300.

Explanation:

Given that,

Direct materials placed into production = $5000

Direct labor hours worked = 75 hours

Direct labor rate per hour = $35

Machine hours worked  = 200 hours

Factory overhead was budgeted = 100000

direct labor hours were estimated = 25000

Job GH7 consists = 60 units

Predetermined rate = \frac{Factory\ Overhead\ Budgeted}{Direct\ Labor\ hours\ estimated}

= \frac{100000}{25000}

=$4

Hence,

overhead cost assigned to Job GH7 = Direct labor hours worked × Predetermined rate

= 75 ×  4

=$300

7 0
3 years ago
A manager is hired by a start-up for her demonstrated ability to think strategically and make broad-based decisions that serve t
STatiana [176]

Answer:

Conceptual Skills

Explanation:

According to my research on studies conducted by various psychologists, I can say that based on the information provided within the question the manager was most likely hired for her Conceptual Skills. This is the ability that an individual may possess to analyze hypothetical situations in order to gain valuable information and develop strategies. Which allows that individual to make certain big decisions in benefit of the company.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
A decline in total real output for two or more consecutive quarters is referred to as
snow_tiger [21]

The correct answer is a recession.

An economy is considered to be in a recession when there is a decline in total real output for two or more consecutive quarters. A recession is defined as a period of temporary economic decline during which trade and industrial activity are reduced,

4 0
3 years ago
What serves as collateral in a repurchase agreement? multiple choice question. the security itself there is no collateral a bund
Mila [183]

The security itself serves as collateral in a repurchase agreement.

Option A is correct

What is Repurchase Agreement ?

A short-term secured loan referred to as a repurchase agreement (repo) involves the sale of securities to a third party with an agreement to later repurchase those securities at a better price. The securities act as security. The interest paid on the loan, or repo rate, is that the difference between the securities' original purchase price and their repurchase price.

Reverse repurchase :

The exact opposite of a repo transaction is a reverse repurchase agreement (reverse repo). during a reverse repo, one party buys securities and promises to resell them for a profit at a later time, frequently as soon because the next day. Repo's are often overnight, although they will also be longer.

To learn more about Repurchase agreement :

brainly.com/question/13180759

#SPJ4

7 0
1 year ago
Warby parker can offer cheaper glasses than their competition because they _______.
dexar [7]
Warby Parker can offer cheaper glasses than their competition because they <span>use the same materials and factories as Luxottica without the licensing fees.</span>
Hope this helps!
3 0
3 years ago
Read 2 more answers
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