a. The contract that Jamie entered into for the purchase a washer and dryer based on an in-store credit card with McKinney Appliances constitutes an enforceable security interest.
The enforceability of the contract stems from the fact that Jamie freely agreed to use the store's credit and the agreement was not a fraud. With this security interest, McKinney Appliances officially establishes its security interest in the washer and dryer. It can exercise the claim in the appliance when Jamie fails to honor the agreement.
b. Yes. It is an enforceable contract. This contract involves the sale of goods with a down payment and credit.
Thus, McKinney Appliances can legally force Jamie to pay on his account, failing which, McKinney Appliances may recover Washer and Dryer.
Learn more: https://brainly.com/question/9636559
Option A is an enforceable security interest while option B is not.
The security interest must be linked to a real sale. This means that it can only be established if it is linked to a sale that brings new values into the buyer's assets.
A security intererest agreement must be entered into in connection with the sale. This means that it must be entered into before the item for sale is handed over to the buyer.
Loans can only be given for what is covered by the sale: This means that you can not get a car loan for additional equipment / upgrades that are bought afterwards and / or by someone other than the seller.
Learn more about security interest in https://brainly.com/question/14997152
1) consider any leader you are aware of from study or the media. Do they confirm to the myths set out in the text or do they transcend that? 2) What is your personal leadership style? What benefits and problems does it generate for you and orgamization? 3) How important is integrity to a leader in your opinion? Give examples to support your views?
Based on the information given, a leader that I'm aware of is Mahatma Gandhi. He was an ambassador of non-violence.
A leadership style simply means providing direction, implementing plans and also motivating people. My personal leadership style is pacesetting and motivating others.
Integrity makes one secure and confident. Someone who has integrity is honest about his or her morals and values. Therefore, such a person can be trusted.
Learn more about leadership on:
https://brainly.com/question/1232764
Tide Corporation has traditionally made a subcomponent of its major product. Annual production of 30,000 subcomponents results in the following costs: Direct materials $ 250,000 Direct labor $ 200,000 Variable manufacturing overhead $ 190,000 Fixed manufacturing overhead $ 120,000 Tide has received an offer from an outside supplier who is willing to provide the 30,000 units of the subcomponent each year at a price of $28 per unit. Tide knows that the facilities now being used to manufacture the subcomponent could be rented to another company for $80,000 per year if the subcomponent were purchased from the outside supplier. There would be no effect of this decision on the total fixed manufacturing overhead of the company. Assume that direct labor is a variable cost. At what price per unit charged by the outside supplier would Tide be indifferent between making or buying the subcomponent
An amount of $24 per unit will need to be charged by the outside supplier to make Tide be indifferent between making or buying the subcomponent.
Relevant cost per unit to make = (Direct materials + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead) / Total sub-component unit
Relevant cost per unit to make = ($250,000 + $200,000 + $190,000 + $80,000) / 30,000 units
Relevant cost per unit to make = $24
Hence, the indifferent price is $24 per unit
Therefore, an amount of $24 per unit will need to be charged by the outside supplier to make Tide be indifferent between making or buying the sub-component.
Read more about indifferent price:
brainly.com/question/24516871
The amount of a real estate broker's commission is
In India, the majority of properties are sold with the help of a real estate broker or agent. When the broker helps a seller and buyer get in touch with each other and both the parties agree to engage in the transaction, then both the parties are required to pay a certain %age of the property value as a fee to the real estate broker. Read below to know about the real estate broker commission rates India:
There are no specific guidelines laid for the commission paid to real estate brokers. In India, real estate agents usually ask the seller and the buyer to pay 1-2% of the deal value as their commission, also known as the real estate brokerage fee.
In which 3 cases would you use the "Add funds to this deposit" grid in a Bank deposit in qbo
Based on accounting operation analysis, the 3 cases where one can use the "Add funds to this deposit" grid in a Bank deposit in QBO include "When a company doesn't need to record sales details."
The other cases where one can use the "Add funds to this deposit" grid in a Bank deposit in QBO include the following:
When an employee reimburses the companyWhen you receive a tax refund from the IRSWhat is QBO?QBO is the acronym for QuickBooks Online Accounting Software. Business firms use it to monitor expenses, coordinate cash flow & establish invoices.
Hence, in this case, it is concluded that QuickBooks Online is a vital tool to possess by any business firm.
Learn more about QuickBooks Online here: https://brainly.com/question/25795288
You sell used cars. The best car on your lot has 100,000 miles on it. How could you describe this car to a prospective buyer to make the purchase more attractive
Assume that you have already completed a 5-year international assignment working for KPMG as a Tax Consultant in Singapore.
By using the relocation transition curve, you need to write an essay to make your own analysis and explain how you adapted to the new living and working environment.
Based on the information, it can be deduced that it's an indication of the uncertainty that exists in the Vietnamese cultural model.
From the complete information, Vietnam has low points in the avoidance index. This implies that they're less associated with their cultural roots and don't have concern for hiring white people.
Some of the solutions that can be applied for training the workers include providing them with ethical and language-based training and also encourage a team culture.
Learn more about model on:
https://brainly.com/question/25993624
Define assets and liabilities and give an example
No entiendo el ingles me pueden decir como le cambio el idioma
Please help for this question
Answer:
task based maybe ?
Explanation:
if it's correct than mark me brainliest
Which of the following will shift the
LRAS Curve to the left?
A. increase quantity of laborers
B. decrease in quantity of laborers
C. increase quality of laborers
Answer: B
Explanation:
Learners with a _____ learning style prefer reading, writing, and speaking. naturalistic logical/mathematical verbal/linguistic none of the above
Answer:
Verbal/linguistic learners prefer learning activities that involve reading, writing, and speaking.
Explanation:
What trick of trust describes why companies trying to sell you something will often use terms like 'limited edition' or 'limited time deal', or even put countdowns of time left or number of items left on the screen
The trust trick for making sales using terms like "limited edition" or putting countdowns of time and remaining items for an offer is called the scarcity technique.
Scarcity marketing can be understood as a way to activate psychological triggers to generate purchase desire in consumers through product shortages, as people tend to perceive limited quantities as more valuable.
This strategy to drive sales will be effective if it meets three criteria:
It is usefulIt is transferable between peopleIt has the potential to be possessedTherefore, companies can gain significant advantages by implementing the scarcity technique, increasing sales and generating greater value for the consumer.
This strategy needs to be used sparingly so as not to create too much pressure on the consumer to make a purchase and not to generate an image of poor inventory management.
Find out more information about scarcity here:
https://brainly.com/question/20254934
What are three differences between a public sector and public corporations?
Explanation:
Comparison Table Between Public Sector and Public Limited Company (in Tabular Form) Public sector companies are controlled by the state or central government. ... A public sector company is not listed in the share market. A public limited company is listed in the share market and also requires going for an IPO.
Colgate-Palmolive Company has just paid an annual dividend of . Analysts are predicting dividends to grow by per year over the next five years. After​ then, Colgate's earnings are expected to grow per​ year, and its dividend payout rate will remain constant. If​ Colgate's equity cost of capital is per​ year, what price does the​ dividend-discount model predict Colgate stock should sell for​ today?
The amount of $97.85 is the price that dividend-discount model predict that Colgate stock should sell for today
Given Information
Current dividend (D0) = $1.59
Dividend payments for next five years includes:
D1 = 1.59 +0.18
D1 = 1.77
D2 = 1.77 +0.18
D2 = 1.95
D3 = 1.95 +0.18
D3 = 2.13
D4 = 2.13 +0.18
D4 =2.31
D5 = 2.31 +0.18
D5 =2.49
Year Cash Flow PVF at 8.1% Present value
1 1.77 0.92506938 1.637372803
2 1.95 0.855753358 1.668719048
3 2.13 0.791631229 1.686174517
4 2.31 0.73231381 1.691644901
5 2.49 0.677441082 1.686828295
Present value of Dividends 8.3707
PV of remaining dividends in 5 year = D5 x (1+g)/(Ke-g))
PV of remaining dividends in 5 year = 2.49(1+0.061)/(0.081-0.061)
PV of remaining dividends in 5 year = $132.0945
Given that g=6.1%, ke=8.1%
PV of remaining dividends in year = 0 = PV of the remaining dividends in year 5* 1/(1+0.081)^5
= 132.0945 * 1/(1+0.081)^5
= $89.48624
As per dividend-discount model, Colgate stock should sell for today = PV of Dividends till 5th year + PV of Remaining Dividend at t=0
= $89.48624 + $8.3707
= $97.8531
= $97.85
Hence, the amount of $97.85 is the price that dividend-discount model predict that Colgate stock should sell for today.
Read more about dividend
brainly.com/question/3161471
Which of the following government
debt instruments would be around 10
years (long term) in length?
A. bills
B. notes
C. bonds
D. mortgages
Help help help please I need this done ASAP
It should be noted that cost-push inflation will bring about a scenario where the output level will reduce.
Your information is incomplete. Therefore, an overview of the topic will be given. Cost-push inflation simply means an inflation that occurs when the prices of goods increase as a result of the increase in the factors of production.
It should be noted that cost-push inflation will bring about a scenario where the output level will reduce. This implies that inflation accelerates due to a widening negative output gap.
Learn more about inflation on:
https://brainly.com/question/777738
Which of the following is not a legal right of a debtor?
A. The right to ignore persistent calls from a debt collector
B. The right to declare bankruptcy
C. The right to verify the amount of debt you owe
D. The right to protection from deceptive collection practices
Debtors are granted some measures or rights. The option that is not a legal right of a debtor is right to declare bankruptcy.
A lot of creditors often do not obey simple rules, and thus uses some kind of deceptive or intimidating actions so as to recover money they are owed. A lot of creditors often uses threats of violence in trying to recover debt.In the State of California’s Rosenthal Act, one, as a debtor, is known to have the right to be free from harassing letters and calls from creditors and collection agencies because of unpaid debt.
it is known to stop creditors from constantly disturbing one at home or sending threatening letters on a regular basis.
Learn more about Debtor from
https://brainly.com/question/25731182
Answer:
A. The right to ignore persistent calls from a debt collector
Explanation:
advantages of apron in points
2. The case says that Kayem Foods is not meeting its profit targets. Why is it difficult for this firm to make money in this market?
Companies often set target for themselves. The reasons why it is difficult for this firm to make money is that;
As a result of poor demand for the products It can be also be like due to the power or prestige gained over the years by the supermarkets is depreciating.This can be due to the small price margin or the price competition from other manufacturers.Losses encountered via the issue of Private LabelPoor marketing and advertisement strategy and poor budget allocation for it.Kayem Foods is a very popular brand. It is known to be a 4th generation family owned business. It has it headquartered in Chelsea, MA.
It is commonly known in the world to be the biggest processed meat company that is found in New England. They are based on natural casing, fully cooked and fresh sausage etc.
Learn more about Food from
https://brainly.com/question/25884013
1. Briefly summarize the actions a firm can take to enhance the ethical behavior of its purchasing
personnel?
The actions which a firm can take to enhance the ethical behavior of its purchasing personnel are:
Enforce strict compliance with rules and regulationsTake them on periodic trainings about ethicsGive out fines for employees who do not act ethicallyAccording to the given question, we are asked to show the actions which a firm can take to enhance the ethical behavior of its purchasing personnel
As a result of this, we can see that if a firm wants to improve the ethical behaviour, then they would have to make some rules and regulations with the guidelines on how best to use them so that the workers would always act in an ethical way such as being honest, faithful in their duties, etc
Read more about ethical behavior here:
https://brainly.com/question/8189804
WILL GIVE BRAINLIEST
Refer to Figure 33-2. A decrease in taxes would move the economy from Q to
a) P in the short run and the long run
b) R in the short run and the long run
c) P in the short run and O in the long run
d) R in the short run and Q in the long run
A decrease in taxes would move the economy from Q to P in the short run and O in the long run. Thus, option D is correct.
What is an economy?Economics seems to be the science of how individuals and groups allot limited resource for output, allocation, and consumer. Both micro and macro are really the two subfields of economic. Performance in trade and producing is the main concern of finance.
This graph shows the change that has been taking a long with respect to the change in quantity or the change in price.
The following graph there is shown a change from the long run to short run. As the economy has decreased the amount of taxes. Therefore point Q will be shifted to point P which will be regarded as a short run time period. And in long run, it will be changed to o.
Therefore, option D is the correct option.
Learn more about the economy, here:
https://brainly.com/question/2421251
#SPJ2
Howarth Manufacturing Company purchased equipment on June 30, 2017, at a cost of $800,000. The residual value of the equipment was estimated to be $50,000 at the end of a five year life. The equipment was sold on March 31, 2021, for $170,000. Howarth uses the straight- line depreciation method for all of its plant and equipment. Partial-year depreciation is calculated based on the number of months the asset is in service
Required:
1. Prepare the journal entry to record the sale.
2. Assuming that Howarth had instead used the double-declining balance method, prepare the journal entry to record the sale.
The journal entry that can be used to record the sale will be:
March 31, 2021.
Debit Cash $170000
Debit Accumulated Depreciation $562500
Debit Less on sales $67500
Credit Equipment $800000
When Howarth used the double-declining balance method, the journal entry to record the sale will be:
Debit Cash $170000
Debit Accumulated Depreciation $675584
Credit Gain on sales $45584
Credit Equipment $800000
Learn more about journals on:
https://brainly.com/question/7019628
A(n) will carry out the terms of a will after a person has passed away.
Answer:
An Executor will carry out the terms of a will after a person has passed away.
Hope that helps you. x
In market-basket terminology, ________ describes the probability that two items will be purchased together.
what is likely to play a more important role in a mixed economy than in a free market economy
Answer:
Heya!
Explanation:
The characteristics of a mixed economy include allowing supply and demand to determine fair prices, the protection of private property, innovation being promoted, standards of employment, the limitation of government in business yet allowing the government to provide overall welfare, and market facilitation by the self-interest of the players involved.
pls mark me as brainliest!!
U.S. Treasury bills are available for purchase this week at the following prices (based upon $100 par value) and with the indicated maturities:
a. $97.25, 182 days
b. $95.75, 270 days
c. $98.75, 91 days
Calculate the bank discount rate (DR) on each bill if it is held to maturity. What is the equivalent yield to maturity (sometimes called the bond-equivalent or coupon-equivalent yield) on each of these Treasury bills?
The production report for Glenway Company for February contained the following information: Work in process, beginning of the month - 3,500 units; 1 / 5 completed Units completed and transferred to finished goods - 25,000 Work in process, end of month - 4,000 units; 1 / 4 completed Production costs for the month were: materials - $25,325; labor - $20,175; overhead - $38,950. Costs in beginning work in process were $5,250. What is the cost per equivalent unit?
a. $3.45
b. $3.59
c. $3.20
d. $3.25
Based on the information the cost per equivalent unit $3.45.
First step is to calculate the units produced During Month
Units Completed and Transferred out 25,000
Work in Progress End of Month 1,000
(4000 × 1/4)
Units Produced During Month 26,000
(25,000+1,000)
Second step is to calculate the total costs for the month
Materials $25,325
Labor $20,175
Overhead -$38,950
Costs in beginning work in process $5,250
Total Costs For Month $89,700
Third step is to calculate the cost per unit
Cost per Equivalent Unit =$89700/26000
Cost per Equivalent Unit=$3.45
Inconclusion the information the cost per equivalent unit $3.45.
Learn more about cost per equivalent here:https://brainly.com/question/3521949
A tax on the amount of money a person earns in a year is a(n)
A. income tax
B. sales tax
C. credit tax
O D. property tax
Answer:
A. Income Tax
Explanation:
Answer:income Tax
Explanation:I jus take a test
Help help pelsss I need to pass thanks I’ll give points for honestly
How to make your own website ?
Answer:
Use visual studio code
Explanation:
You want to then make HTML code and CSS code 2 different files that corillate together and you need a header, footer, main, functions is CSS etc
On January 1, 2020, Holiday Inc. offered a stock option incentive plan to a top executive. The plan provided the executive 300 stock options for Holiday Inc. $1 par value, common stock at an option price of $15 per share through the expiration date of January 1, 2026. The fair value of the options based upon an option-pricing model on January 1, 2020, is $12,000. The market price at year-end of Holiday Inc. stock is $15 per share on January 1, 2020, and $18 on December 31, 2020. The requisite service period is 3 years. The options were not exercised. Which of the following are true regarding the entry on January 1, 2026?
A.
No journal entry required
B.
Paid-in Capital—Stock Options would be credited for $9000
C.
Paid-in Capital—Stock Options would be credited for $12,000
D.
Paid-in Capital—Stock Expired would be credited for $12,000
Answer: The answer is Option D, paid-in Capital—Stock Expired would be credited for $12,000.
Explanation: Option D is Right, i.e. Stock option expired would be credited for $12,000. Whenever a share option is expired then it is requiring to make a journal entry to relabel the equity as expired stock options for the balance sheet purposes. This helps managers and investors understand that they won’t be issuing stock to the employee at a discounted price in the future. For this purpose, it is requiring to make entry that debit the stock option equity account and credit the expired stock option equity account.