Fact Pattern 24-2BEwa signs an instrument unconditionally promising to pay to "Sunny State Bank" $5,000 with interest in installments with the final payment due June 1, 2013.Refer to Fact Pattern 24-2B. The instrument that Ewa signed is most likely
A. a certificate of deposit.
B. a draft.
C. an order to pay.
D. a promissory note.
Answer: D
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Janos Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price$111 Units in beginning inventory 300Units produced 2,000Units sold 2,200Units in ending inventory 100 Variable costs per unit: Direct materials$29Direct labor$30Variable manufacturing overhead$4Variable selling and administrative expense$9Fixed costs: Fixed manufacturing overhead$34,000Fixed selling and administrative expense$39,600The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month.What is the unit product cost for the month under variable costing?
A. $80 per unit B. $89 per unit C. $72 per unit D. $63 per unit
An automatic stay refers to the suspension of certain legal actions by creditors against a debtor or the debtor's property
Indicate whether the statement is true or false
When a union tries to create negative publicity surrounding an employer's behavior in a labor dispute to get other members of the community (business and financial partners, consumers, politicians, and government) to pressure it to settle it is known as a _______________________________.
Fill in the blank(s) with the appropriate word(s).
When the estate is divided equally among each branch of the family, but not necessarily equally among each of the offspring, there is a
A) per capita division of the property. B) per se division of the property. C) per stirpes division of the property. D) per quod division of the property.