Which of the following would be a secured creditor in a corporate bankruptcy?
A) 30 employees each owed $1,500 in wages that have not been paid
B) a bank with $100,000 owing on a chattel mortgage on the company's vehicles
C) the government for $20,000 owing in HST
D) the local hydro company for $12,000 owing on an electrical bill
E) all of the above would be secured creditors
B
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Alternatives (i.e., beneficial alternatives to this negotiated agreement, or BATNAs) are other agreements negotiators could achieve and still meet their needs.
Answer the following statement true (T) or false (F)
Centurion Co. had the following accounts and balances at December 31: AccountDebit CreditCash$10,300? Accounts Receivable 2060? Prepaid Insurance 2520? Supplies 1060? Accounts Payable $5150? Common Stock 5080? Service Revenue 7300? Salaries Expense 530? Utilities Expense 1060? Totals$17,530? $17,530? Using the information in the table, calculate the company's reported net income for the period.
A. $5710. B. $1160. C. $4090. D. $10,760. E. $4620.
Steve's Physco Skates sells its products to Walmart, who then sells them to the consumer. This is an example of a(n) ________
A) direct marketing channel B) producer channel C) indirect marketing channel D) horizontal marketing system E) corporate vertical marketing system
The major objective of an institutional advertisement is _____
a. sales to consumers b. sales to businesses c. awareness d. store image development and reinforcement