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allsm [11]
3 years ago
11

Kameron, Candice and Leo were members of an LLC, Printing Unlimited, LLC (PU). They leased a digital printing press for their co

mpany. Press Sales, Incorporated (PSI), the company that manufactured and leased the printing press to them, required personal guarantees from each of them as a requisite leasing the press. What will be required of Kameron, Candice and Leo
Business
1 answer:
dybincka [34]3 years ago
8 0

The requirement of Kameron, Candice, and Leo should be for pledging the personal assets in order to give the guarantee for the payment obligations with respect to the PU.

The information related to the pledged asset is as follows:

  • A pledged asset is a valuable possession that could be transferred to the lender in order to secure the debt or a loan.
  • The pledged asset should be considered as collateral that could be held by a lender and in return, it is for lending the funds.
  • Also, it can decrease the down payment that should be needed for the loan along with this if there is any change in the interest rate so the same should be decreased.

Therefore we can conclude that, the requirement done by these three people is needed for pledging the personal assets in order to give the guarantee for the payment obligations with respect to the PU.

Learn more about the LLC here: brainly.com/question/1214636

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What type of hazard could occur by wearing jewelry while preparing food
lbvjy [14]

Answer:

it can fall into the food

3 0
3 years ago
In a long-run equilibrium,
Serga [27]

Answer: Option (d) is correct.

Explanation:

Correct option: Only a perfectly competitive firm operates at its efficient scale.

In the perfectly competitive market and in the long run, the firms who are making losses will exit the market and those firms who are able produce at a point where price is equal to the average total cost will exist in the market.

However, monopolistic firms operates at a below efficient level of production and with an excess capacity.

Competitive firms are generally enjoys the productive efficiency in the long run because these firms have the capability to produce at a lower average total cost.

8 0
3 years ago
In a perfectly competitive industry, the short-run supply curve for the market is the:
DENIUS [597]

Answer:

b. marginal cost curve above the average variable cost curve.

Explanation:

A perfect competitive indsutry is a characterised by many firms selling homogenous goods and services. Firms are price takers and there are no barriers to entry or exit of firms in the industry.

The supply curve of a perfectly competitive firm in the short run is the part of the marginal cost curve that lies above the average variable cost curve.

A perfect competition maximises profit where price equals marginal cost.

I hope my answer helps you

3 0
3 years ago
Is it surprising to you that a relatively small company like Sunny Delight could end up with so many different analytics tools?
shusha [124]

Answer:

See attached file

Explanation:

4 0
3 years ago
"2. In 2020, Polar Engines issued 125,000 shares of its $1 par common stock at $12 per share. On September 30, 2022 Polar Engine
notsponge [240]

Answer:

Dollar amount of Treasury stock at the end = $85,000

Explanation:

Given:

Number of purchase treasury stock = 15,000 at $17

Number of sold treasury stock = 10,000

Computation:

Amount of purchase treasury stock = 15,000 × $17

Amount of purchase treasury stock = $255,000

Amount of sold treasury stock = 10,000 × Purchase price

Amount of sold treasury stock = 10,000 × $17

Amount of sold treasury stock = $170,000

Computation of dollar amount of Treasury stock at the end:

Dollar amount of Treasury stock at the end = Amount of purchase treasury stock - Amount of sold treasury stock

Dollar amount of Treasury stock at the end = $255,000 - $170,000

Dollar amount of Treasury stock at the end = $85,000

5 0
3 years ago
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