Answer: This loan would would have priority over the other unsecured claims in this bankruptcy case.
Explanation:
Since the trucks are secured collateral the loan is a secure loan. It will be the priority in the bankruptcy case since the other claims were unsecured. The law firm would have a right to the trucks since he owed them 20,000$ and put them up as collateral.
Everything that was an unsecured loan does not have anything to take from and will be a loss for the other companies who filed against Henry Anderson.
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La NIC 2 define los inventarios como activos que son: mantenidos para la venta en el curso normal del negocio, en el proceso de producción para dicha venta, o. en forma de materiales o insumos para ser consumidos en el proceso de producción o prestación de servicios.
Answer:
Assemblage.
Explanation:
In Real estate, putting together two or more parcels of land to make a large piece is called assemblage. The main purpose of assemblage is to increase the price of parcels of land by combining them together rather than selling them individually as a single unit.
<em>For instance, a real estate agent may purchase two (5) parcels of land each worth $50,000 (2 × $50,000). When he assembles them, the new single parcel of land is worth $150,000. </em>
Answer:
$30,000
Explanation:
The computation is shown below:
As we know that
Current ratio = Current assets ÷ Current liabilities
Current assets = 3.4 × Current liabilities
Now the
Acid-test ratio = Quick assets ÷ Current liabilities
2.8 = Currents assets - inventory ÷ Current liabilities
2.8 = 3.4 × Current liabilities - $18,000 ÷ Current liabilities
2.8 × Current liabilities = 3.4 × Current liabilities - $18,000
After solving this, the current liabilities is $30,000
Answer:
The correct answer is the option A: the marginal revenue curve and the demand curve are the same.
Explanation:
To begin with, the concept of<em> ''perfectly competitive market''</em> refers to the market where there are a lot of firms and their products are exactly the same with no differentation, therefore that they can not establish an influence in the price. In addition to that, in this type of market the equilibrium is in the point where the marginal revenue equals the marginal cost and in this case where there is no influence from the firms then the price of the product will be established by the demand itself and therefore that also the marginal revenue of the firm as well.
