For a 13-person team, The number of extra workers that should be hired to meet the labor hours needed without overtime is 7.
<h3>What is Labor hours?</h3>
This is a term that connote the total hours of workers that are said to be having or getting an hourly wage and they are the ones who are said to be directly employed on the site of a building, public works project, etc.
Note that "Labor hours" is one that entails hours of work that has been carried out by workers who have been employed by the general contractor or the subcontractors that are found to be working on the project.
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<u>Full question:</u>
On June 15, Harper purchased equipment for $100,000 from Imperial Corp. for use in its manufacturing process. Harper paid for the equipment with funds borrowed from Eastern Bank. Harper gave Eastern a security agreement and financing statement covering Harper’s existing and after-acquired equipment. On June 21, Harper was petitioned involuntarily into bankruptcy under Chapter 7 of the Federal Bankruptcy Code. A bankruptcy trustee was appointed. On June 23, Eastern filed the financing statement. Which of the parties will have a superior security interest in the equipment?
A. The trustee in bankruptcy, because the filing of the financing statement after the commencement of the bankruptcy case would be deemed a preferential transfer.
B. The trustee in bankruptcy, because the trustee became a lien creditor before Eastern perfected its security interest.
C. Eastern, because it had a perfected purchase money security interest without having to file a financing statement.
D. Eastern, because it perfected its security interest within the permissible time limits.
<u>Answer:</u>
Eastern parties will have a superior security interest in the equipment because it perfected its security interest within the permissible time limits.
<u>Explanation:</u>
Eastern has a higher security interest because Eastern amended its security interest inside the allowable time deadlines. A perfected security interest in any security interest in an asset that cannot be demanded by any other party.
Below the Uniform Commercial Code (U.C.C.), to perfect a security interest, a lender has 10 days from the date of the sale of material to perfect the security interest by filing a financing statement. Possessing registered in the 10-day limit, Eastern has a strong perfected security interest in the material and after-acquired things even though the bankruptcy was recorded two days ahead.
Answer: less, less
Explanation: considering the relationship that exist between the price level and the quantity of money that people demand. The lower the price level, the less money the typical transaction requires, and the less money people will wish to hold in the form of currency or demand deposits.
Answer:
19.1% management rate.
Explanation:
Adjusted fee charge per unit = 575
Adjusted fee charge for total unit of product = 575 * 50 = $28750
Net after feel charge on goods = 600000 - 28750 = $571250
15% vacancy and loss rate = .15 * 571250 = $85687.5
Total management fee per year = $114437.5
Percentage rate management fee = (114437.5/600000) *100
= 19.1 %
Answer:
there is gain and receive is $100 long term gain
Explanation:
given data
Sadie sold = 10 shares
Sadie sold shares of stock = $500
time = 16 year ago
Sadie purchased the stock = $600
time = 2 year earlier
George sells stock = $700
to find out
amount and character of his recognized gain or loss in the current year
solution
we know that George receives dual basis in the stock
his loss = $600 - $500 = $100
and
if we consider stock is sold at a gain
then George receives a carryover basis = $600
and
if we consider stock is sold at a loss
then George receives = $500
also here his sister basis and holding period is transfer to her brother
so we can say there is gain
and receive is = proceed - carryover basis
receive is = $700 - $600
receive is $100 long term gain