If a person receiving a check knows it has been altered, can that person be a
holder in due course?
o a. no, because a holder in due course must receive a note rather
than a check
b. yes, because anyone can be
a holder in due course.
o c. no, because a holder in due course cannot have knowledge of
alteration
d. yes, because the check has value even if it is altered.
answer:c no, because a holder in due course cannot have knowledge of alteration
If a person receives a check and knows it has been altered then as regards being a holder the answer is c. no, because a holder in due course cannot have knowledge of alteration.
What is a holder in due course?A holder in due course is a person who can take a check or other promissory notes in an exchange where the value of the check is exchanged for something of equal value.
If the person knows that the check has been altered, then they cannot be a holder of due course because they will know that the altered amount is not the right value.
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Answer:
C. No, because a holder in due course cannot have knowledge of alteration
Explanation:
Holder in Due Course - A person who has received a negotiable instrument in good faith and without notice that it is overdue, that there is any prior claim, or that there is a defect in the title of the person who negotiated it
A debt instrument with no ready market is exchanged for property whose fair market value is currently indeterminable. When such a transaction takes place:______.
a. the present value of the debt instrument must be approximated using an imputed interest rate.
b. it should not be recorded on the books of either party until the fair market value of the property becomes evident.
c. the board of directors of the entity receiving the property should estimate a value for the property that will serve as a basis for the transaction.
d. the directors of both entities involved in the transaction should negotiate a value to be assigned to the property.
The simplest definition of productivity is outputs divided by inputs.
Productivity can be described as the outputs divided by inputs.
What is Productivity?Productivity can be regarded as the efficiency of production.
Therefore, productivity as alot to do with
goods or services because it helps to measure it with respect to the specific duration of time.
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Marcos has multiple duties at work. Sometimes, he has so many projects and deadlines that he
gets overwhelmed. Which action is the best first step toward getting organized?
A) Creating an action plan showing how he will complete each task
B) Making a list of all tasks and the date each is due
C) Completing the easiest tasks first and then focusing on the harder tasks
D) Asking his supervisor to help him prioritize the tasks on his to-do list
The action that is best for first step toward getting organized Making a list of all tasks and the date each is due.
Why should he make a list?A list contains all the work Marcos is to do in order of date due for submission which will help him to know which work is to be done first.
He can also have a timetable to help him plan each day and the time to allocate for a particular project.
Therefore, Making a list of all tasks and the date each is due.
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Colorado Corporation was organized at the beginning of the year, with the investment of $250,000 in cash by its stockholders. The company immediately purchased an office building for $300,000, paying $210,000 in cash and signing a three-year promissory note for the balance. Colorado signed a five-year, $60,000 promissory note at a local bank during the year and received cash in the same amount. During its first year, Colorado collected $93,970 from its customers. It paid $65,600 for inventory, $20,400 in salaries and wages, and another $3,100 in taxes. Colorado paid $5,600 in cash dividends.
Required:
1. Prepare a statement of cash flows for the year.
2. What does this statement tell you that an income statement does not?
Based on the given figures for Colorado Corporation, the statement of cash flows for the year would be:
Cash flow for Operating Activities
Cash from customers 93,970
Less:
Cash for inventory 65,600
Salaries and Wages 20,400
Taxes 3,100 ( 89,100)
Net Cash from Operating Activities 4,870
Cash flow from Investing Activities
Purchase of office building (210,000)
Net cash used for Investing Activities (210,000)
Cash flow from Financing Activities
Issuance of Common stock 250,000
Note Payable 60,000
Dividend payment (5,600)
Net cash from Financing Activities 304,400
Net increase in cash 99,270
Opening cash balance 0
Closing cash balance 99,270
What does the statement of cash flows show?It shows transactions that involve actual cash being spent or gained by the company.
This allows Colorado Corporation to know the actual amount of cash it has for operations.
An Income statement on the other hand, shows the transactions that a business gets involved in regardless of whether they involve actual cash or not. This means that it cannot show the actual amount of cash that a business has.
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the term formal education is defined by the text as
In contrast to informal education, formal education refers to an education system that has a predetermined curriculum of educational institutions and is governed by some kind of body (such as a state).
Formal education is described as the structured and organized form of education that takes place at educational institutions such as schools, colleges, and universities.
It entails the acquisition of academic knowledge and skills using proper teaching-learning approaches.
As a result, the significance of the formal education is defined by the text are the aforementioned.
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What are 2 ways to send a message to your client when signed in as an Accountant user? My accountant > Requests > Create client request Accountant Tools > Notes Work > Create client request Accountant Tools > Prep for taxes > Message client Books review > Transaction review > Select Transaction > Ask client
The use of Ask client and Requests are the 2 ways to send a message to your client when signed in as an Accountant user.
What is the use of QuickBooks Online Accountant?The software is an accounting-based that is used by bookkeepers and accountants to edit client transactions, review their books, make adjustments etc.
Whe login as accountant user, one can send a message to client through use of Ask client and Requests.
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A company reports the following at year end: current assets of $3,600; total assets of $12,500; current liabilities of $1,200; total liabilities of $8,500. Working capital equals:
The working capital of the company at the end of the year is $2,400.
What is meant by working capital?
Working capital is the amount that is earned by a company from its daily business activities. It is determined by taking the difference between recent assets acquired and recent obligations incurred.
Given values:
Current Assets: $3,600
Current Liabilities: $1,200
Computation of working capital of a company :
[tex]\rm\ Working \rm\ Capital=\rm\ Current \rm\ Assets -\rm\ Current \rm\ Liabilities\\\rm\ Working \rm\ Capital=\$3,600-\$1,200\\\rm\ Working \rm\ Capital=\$2,400[/tex]
Therefore, when the current liabilities and current assets are amounting to $1,200 and $3,600 then the working capital comes out to be $2,400.
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_____ is an important part of the interview process. it allows you to consider how you did in the interview, examining your strong and weak points. a. active listening b. self-evaluation c. networking d. empathizing please select the best answer from the choices provided a b c d
Self-evaluation is an important part of the interview process. it allows you to consider how you did in the interview. Hence, option B. self-evaluation.
What is an interview?An interview is a well-formed dialogue where one participant asks questions, and the other provides answers. In common parlance, the word "interview" refers to a one-on-one conversation between an interviewer and an interviewee.
Therefore, self-evaluation is the correct answer.
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I really need help,can someone help me please!!!!!!!!????
Answer:
with what............
The Johnsons are shopping for a mortgage loan and are attracted to the below-market interest rate offered for the first year of an adjustable rate mortgage. What's this type of rate called
Based on the fact that this is the first year rate on an adjustable rate mortgage, the Johnsons are most likely seeing a teaser rate.
What is a teaser rate?This is a rate that is commonly included with an adjustable rate mortgage to entice customers to take out such loans.
It is normally lower than the market rate, but only for a short time before the bank modifies the mortgage.
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Candace works in the traffic division for the city of boston. she is an organized, pleasant person known for her ability to analyze information and make recommendations about ways to improve traffic flow in the city. she most likely works in health, safety, and environmental management. logistics planning and management services. warehouse and distribution center operations. transportation systems/infrastructure planning.
Analyzing the information, it is correct to say that Candace probably works in transportation/infrastructure planning.
What is the role of a transportation systems planner?She is the professional responsible for developing strategies for continuous improvement of issues related to transport, helping to satisfy the needs of users and environmental issues.
Therefore, the transport system planner is responsible for the study and evaluation of projects that encompass the improvement of transport quality.
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Answer:
D.
Explanation:
Edge
I'm not sure how many months I'll be in town. The renting agent says I can leave with 30 days notice."
Rent.
Not rent.
There is landlord tenant law which dictates the law related to the rented house. Landlord must have to give at least 15 days notice to the tenant for vacating the house.
What is Landlord tenant law and how it works?It is important to know about the Landlord law before giving or taking the property on rent. There is a rent agreement for the tenant and sometimes lessor also charge some security amount from the lessee.
If a rented property is closed for weeks or months, lessor can ask the lessee to vacate the house but tenant has to still pay the amount for that particular period.
Landlord can ask the tenant to vacate the house and he doesn't have to provide a reason to the tenant for this and tenant have to pay the rent.
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If you were tasked with going into an elementary school and teaching the
students general economics, what would you tell them?
Answer:
That all depends on what they are learning
Explanation:
I would tell them that their world is about to end, and one day they may not be around to see the life that the aliens created.
(1 point) If 8000 dollars is invested in a bank account at an interest rate of 9 per cent per year, find the amount in the bank after 5 years if interest is compounded annually
Answer:
$12,308.99
Explanation:
$8,000.00 $8,000.00 $720.00 $8,720.00 $8,000.00
$8,000.00 $8,720.00 $784.81 $9,504.80 $8,000.00
$8,000.00 $9,504.80 $855.45 $10,360.23 $8,000.00
$8,000.00 $10,360.23 $932.45 $11,292.65 $8,000.00
$8,000.00 $11,292.65 $1,016.34 $12,308.99 $8,000.00
hope this helps!
A group of teens in your town meet and agree to charge a flat fee of five dollars per hour for babysitting. They charge the same rate no matter how many children there are, or when the service is needed. Then they divide areas of town on a map between them, agreeing to only serve customers within their respective areas. Within weeks they have gained most of the business in town, driving out other teens that cannot lower their rates. The babysitting market in your town has become
The babysitting market in the town has become an oligopoly.
What is an Oligopoly?An Oligopoly is an industry which is influenced by the firms.
In oligopoly, there are very few sellers and all are influenced by the behavior of the other sellers.
In this market, sellers deal in homogenous product.
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Answer: am oligopoly
Explanation: i got it right
Eckert Company is involved in producing and selling high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure yardages on the golf course. One small laser gun, called LittleLaser, appears to have a very large potential market. Because of competition, Eckert does not believe that it can charge more than $88 for LittleLaser. At this price, Eckert believes it can sell 112,000 of these laser guns. Eckert will require an investment of $13,176,471 to manufacture, and the company wants an ROI of 17%. Determine the target cost for one LittleLase.
The target cost for one LittleLase is $68.
How to calculate the cost?In the information given, the investment is given as $13176471. The value of the profit will be:
= 0.17 × 13176471
= 2240000
The profit per gun will be:
= 2240000/112000
= 20.
Therefore, the target cost will be:
= 88 - 20.
= 68
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Kara George received a $16,000 gift for graduation from her uncle. If she deposits this in an account paying 5 percent, what will be the value of this gift in 12 years
Based on the amount of the gift that Kara George received and the interest rate, the value in 12 years would be $28,733.70.
How much would the gift be worth in 12 years?This can be found with the formula:
= Amount x ( 1 + rate) ^ number of years
Solving gives:
= 16,000 x ( 1 + 5%)¹²
= 16,000 x 1.795856326
= $28,733.70
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Artificial Intelligence Inc. sells to Beta Bots Corporation a promising idea for a technological innovation that is still being developed and that looks very promising. This is Group of answer choices ethical and legal. unethical but legal. unethical and illegal. illegal and unethical.
Artificial intelligence Inc. sells to Beta Bots Corporation an idea for technological innovation. This is ethical and legal. Hence, Option A is the correct choice.
What do you mean by being ethical?Being ethical conforming to universal ethical standards. Applied to the work environment, it method that a moral man or woman has a better preference than simply avoiding certain conduct or exercise due to the fact it's far illegal. What matters is that it is probably the incorrect issue to do morally.
Thus, Option A is the correct choice.
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Select all that apply.
Why do countries develop economic systems?
a)to provide economic assistance to all citizens
b)to decide how to handle the issue of scarcity
c)to protect industry from trade
d)to help make decisions concerning what, how, and for whom things are produced
e)to prevent monopolies from taking over the market
b ) to decide how to handle the issue of scarcity.
d) help make decisions concerning what, how, and for whom things are produced.
e)to prevent monopolies from taking over the market.
Explanation:
Any Country develop its economic system to handle the issue of scarcity i.e lack of resources. To achieve this end to ensure economic strength handling issue of scarcity of citizens is important. Economy also concentrates goods and products how, what and who will produce things in the market.It also prevent other markets to taking over control of the country's economy.Inflation makes it harder to buy things because _______. a. it increases your tax burden to the government b. it causes your money to have less value c. it decreases the cost of goods and services d. it leads to a excess of goods and services please select the best answer from the choices provided a b c d
Inflation makes it harder to buy things because it depreciates the value of your money.
What is Inflation?Inflation is an economic term used to describe a general increase in the prices of item and therefore a decrease in the purchasing value of money.
Inflation occurs when prices of goods and services increase due to some economic factors.
It is a continuing rise in prices as measured by an index such as the consumer price index (CPI).
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Julia has noticed that she is receiving more and more stress from work. she is having trouble meeting her deadlines and fears she may be fired soon. recommend the best course of action for her: julia should _______. a. accept that she is being encouraged to learn and grow b. anticipate her responses to the next performance review c. assign herself daily task lists d. ask for a letter of recommendation from her supervisor
The best option that Julia has to take in order to ease her stress would be to assign herself daily task lists.
What is work related stress?This is the kind of stress that comes from the fact that person is getting overworked.
This stress may end up reducing her performance in the work place if it is not checked.
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Answer:
C assign herself daily task lists
Explanation:
edge 2022
Direct channels of distribution include _____________ as members.
A. manufacturers, retailers, and customers
B. manufacturers and retailers
C. manufacturers and wholesalers
D. manufacturers and customers
HELP ME PLEASE!!!!!
Direct channels of distribution manufacturers and customers include as members.
What are direct channels?A direct channel of distribution defines a condition in which the producer sells a product to a consumer directly without any of the intermediaries.
This is a channel through which products move directly from the manufacturer or vendor to the end user, usually by a professionally trained field sales force.
Thus, option D is true, as the Direct channels of distribution includes manufacturers and customers as members.
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Daniel leases an apartment from Nicholas and agrees to make monthly rent payments on the first of every month. No definite lease term is specified in the lease agreement. This is:
Answer:
the answer is "a tenancy at will"
In addition to needs, what should you plan for first when
creating a budget?
Answer: recurring expenses
Explanation:
It is always possible to identify all the causes of a problem completely. please select the best answer from the choices provided t f
It false that the causes of a problem can always possible to identify completely.
What is problem solving?This is when a means is device towards solving a difficult task. When a problem has been identified, the next step is to look for ways of solving such problems.
Hence, It false that the causes of a problem can always possible to identify completely.
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Why did the speaker decline to grant product endorsements to marketers after her study was published?
The reason why the speaker declined to grant product endorsements was that she said that she would have been going beyond science and good scientists are careful not to do this.
What is an Endorsement?This refers to the personal indication or seal of approval that is given to a particular item or a company about something to give it credibility.
Hence, we can see that from the complete text, there is the narration of the product endorsements and why the speaker did not give one because it would go beyond science.
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smart manufacturing is achieved by instituting employee surveillance and monitoring.
For a manufacturing process to be smart instituting employee surveillance and monitoring is very important.
What is Smart Manufacturing?Smart Manufacturing also called CAD/CAM, computer aided design and computer aided manufacturing involves the integration of computer in the production of goods and services.
In recent times the concept of internet of things is being added to smart manufacturing for data collection
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Justify how dstv has been regarded as an example of a monopoly with following characteristics of monopoly natural of product access/entry to the market
Justification of a monopolist, DSTV as an example.
What is a monopoly?Monopoly is a market structure that consist of a single seller of a product, who at the same time have control over price of the product.
DStv as a monopolist is unique in terms of product offering hence have no close substitute. Here, Dstv has control over the market and entry to the market is blocked because of being the sole producer or seller of the product.
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select the correct answer.
The United States and France both produce sweaters and caps. Suppose that a US worker can produce 50 caps
per hour or 1 sweater per hour
and a French worker can produce 40 caps per hour and: sweaters per hour. Based on this scenarlo, which statement is true?
O A. The United States has a comparative advantage producing caps.
O B. France has a comparative advantage producing caps.
O c. The United States has a comparative advantage producing sweaters.
O D. Nelther country has a comparative advantage producing elther good.