Some of the features of the alternative financial products
are the following;
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The AFS was able to provide a microfinance form
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The AFS also provides services financially
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The AFS’ Services in their finance are from non-bank
final institutions
Answer:
1. D
2. B
3. G
4. A
5. C
6. E
7. F
Explanation:
1. Notifies the materials manager to send materials to a production department: Materials requisition.
2. Holds costs of indirect materials, indirect labor, and similar costs until assigned to production: Factory overhead account.
3. Holds costs of direct materials, direct labor, and applied overhead until products are transferred from production to finished goods (or another department): Work in the process inventory account.
4. Standardizes partially completed units into equivalent completed units: Equivalent units of production.
5. Holds costs of finished products until sold to customers: Finished goods inventory account.
6. Describes the activity and output of a production department for a period: Process cost summary.
7. Holds costs of materials until they are used in production or as factor overhead: Raw materials inventory account.
Answer: $240,000
Explanation:
400,000÷20,000 = $20 per share (repurchase price)
160,000 ÷ 10,000 = $16 per share (sales price)
$400,000 - $160,000 = $240,000
The treasury stock account is created upon the repurchase of a company's own stock. The treasury stock account is debited for cost of repurchase and then credited.back when the stocks are resold. However, after repurchasing 20,000 stock for 400,000 and selling hlaf the repurchased stock (10,000) for $160,000, then the repurchase price is greater than the sales price. There will be no paid in capital, with the entire amount credited to treasury stock.
Answer: Kroll cannot repossess the typewriter from the neighbor.
Explanation:
Based on the information given in the question, we can infer that Kroll cannot repossess the typewriter from the neighbor.
According to the UCC 9-320(b), when an individual purchases a particular consumer good in a situation whereby the individual isn't aware of the security interest and also when a financial statement wasn't filled, then the buyer is free from the security interest.
In this situation, even though a security agreement that complied with the UCC was pre-pared, but no financing statement was ever filed fort the transaction, this implies that Kroll cannot repossess back the typewriter as no financial statement was filed.
The greek philosopher identified three critical elements of good communication
Which is Aristotle- ethos, logos, and pathos