A foreign key is not a unique identifier.
Answer the following statement true (T) or false (F)
True
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Under securitization, a company sells its receivables in batches at a discount
Indicate whether the statement is true or false
Which of the following would be a preferred creditor in a corporate bankruptcy?
A) a supplier owed $35,000 for goods it had sold to the corporation B) 40 employees who are each owed $2,000 in wages C) a landlord owed 2 month's rent totaling $30,000 D) a car dealer with a chattel mortgage of $20,000 on one of the company's trucks E) both B and C
Identify and discuss the primary sources of contemporary U.S. law
) In 2018, Richard's Department Store changes its inventory method from FIFO to LIFO. Richard's uses the simplified LIFO method. Richard's year-end inventory under FIFO is as follows: 2017 - $300,000; 2018 - $350,000. The 2017 price index is 110% and the 2018 index is 120%. The 2018 layer is
) In 2018, Richard's Department Store changes its inventory method from FIFO to LIFO. Richard's uses the simplified LIFO method. Richard's year-end inventory under FIFO is as follows: 2017 - $300,000; 2018 - $350,000. The 2017 price index is 110% and the 2018 index is 120%. The 2018 layer is
A) $19,097.
B) $20,833.
C) $22,727.
D) $50,000.