Dru signs a check "pay to the order of Eppie" drawn on Dru's account in First State Bank. Greta forges Eppie's indorsement. First State pays the check. Most likely
a. Dru will be liable for the amount.
b. Eppie will have to pay Dru for the amount.
c. First State will have to recredit Dru's account.
d. the Federal Reserve will reimburse all parties for their costs.
C
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Which one of the ASEAN members has the World's second-largest container port?
A) Singapore B) Thailand C) India D) Philippines E) Brunei
A firm makes investments to obtain productive capacity to carry out its business activities. Investing activities involve acquiring all of the following except:
a. land, buildings, and equipment. b. patents, licenses, and other contractual rights. c. common shares or bonds of other firms. d. long-term notes receivable of other firms. e. common shares or bonds of the firm.
An analysis of the accounts disclosed the following transactions: 1 . production machinery was purchased for $4,500 cash; 2 . $10,000 was borrowed on a long-term note; 3 . 1,000 shares of $5 par value common stock were issued at par for cash; 4 . cash dividends of $2,000 were paid; 5 . an investment was sold for $23,000; 6 . $50,000 in bonds were retired at maturity at face value; 7 . a plant
asset was sold for $4,500 (at book value). The net cash provided from financing activities was a: a. $35,000 decrease. b. $14,000 decrease. c. $23,000 increase. d. $14,000 decrease. e. $37,000 decrease.
Consider a work center with a demand rate of 20 parts per hour and using a container that can hold 5 parts. It is estimated that the container takes 30 minutes to cycle through the work cell. Assume a safety stock level of 10 percent. What is the unrounded value of K for this system?
a. 1.2 b. 2.2 c. 3.2 d. Cannot be determined from the information given