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Rom4ik [11]
3 years ago
8

Should work or another form of payment be used to satisfy a lien ?

Business
1 answer:
ad-work [718]3 years ago
3 0

Explanation:

A lien is a legal claim over an asset until the debt obligation is satisfied.

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Jarvis Company produces a product that has a selling price of $25 and a variable cost of $17 per unit. The company's fixed costs
Sholpan [36]

Answer:

The break-even point measured in sales dollars is $8

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3 years ago
Elise has debt problems and sees an ad for a credit counseling service. When she calls to get more details, she suspects that th
morpeh [17]
The right answer for the question that is being asked and shown above is that: "d) All answers are correct."  The situation that could have tipped Elise of is that of requiring a free course on money management; charging large monthly fees for the service;<span> asking her to cancel most of her credit cards</span>
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4 years ago
Golden Corp., a merchandiser, recently completed its 2017 operations. For the year, (1) all sales are credit sales, (2) all cred
ankoles [38]

Answer:

Please see the solution below:

Explanation:

GOLDEN CORPORATION      

Statement of Cash Flow      

As of December 31, 2017      

     

CASH FLOWS FROM OPERATING ACTIVITIES     $

Net Income               166,400

<em>Adjustments to reconcile net income to       </em>

<em>net cash provided by operating activities:</em>      

Depreciation on Fixed Assets                  54,000

<em>(Increase) Decrease in Current Assets:</em>      

Accounts Receivables            (21,500)

Inventory              (84,500)

<em>Increase (Decrease) in Current Assets:</em>      

Accounts Payable                     35,000

Income Tax Payable            <u>  12,400 </u>

NET CASH PROVIDED BY OPERATING ACTIVITIES      <u>161,800</u>  

     

CASH FLOWS FROM INVESTING ACTIVITIES      

Purchase of Equipment           <u>(68,200)</u>

NET CASH USED IN INVESTING ACTIVITIES      <u>(68,200)</u><u> </u>

     

CASH FLOWS FROM FINANCING ACTIVITIES      

Payment of Cash Dividends         (108,000)

Issuance of Common Stock         <u>   69,500</u>

NET CASH PROVIDED (USED) IN FINANCING ACTIVITIES  <u> (38,500)</u><u> </u>

NET INCREASE (DECREASE) IN CASH         55,100  

Cash Balance, December 31 2016         127,900

Cash Balance, December 31 2017         183,000

3 0
3 years ago
Kiersten and her four siblings are starting their own home design business. One of their primary goals is keeping the loving rel
Leto [7]

Answer:

Correct option is D.

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An accurate recommendation of the Act is that <u>there should be discussion and well understood ways that the partners will handle disagreements.</u>

8 0
4 years ago
Which of the following is a benefit of increased levels of education? A. The longer you go to school, the more likely it is that
kolezko [41]
The answer is B i think

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Read 2 more answers
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