A business is a ______ when it has the ability to take some of the nonpaying customers' property to satisfy the debt
a. general creditor
b. secured creditor c. collateral creditor d. real creditor
e. financed creditor
b
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Knitness Menswear, Inc maintains a markup of 60 percent based on cost. The company's selling and administrative expenses average 30 percent of sales. Annual sales were $1,440,000 . Petersen's cost of goods sold and operating profit for the year are Cost of Operating Goods Sold Profit
a. $864,000 $144,000 b. $864,000 $432,000 c. $900,000 $108,000 d. $900,000 $432,000
The odor from the refrigerator smelled so badly that no one wanted to investigate; every time we opened the door, we held our noses tight
What will be an ideal response?
Ratification does need to be express; it may be implied from the minor's conduct
a. True b. False Indicate whether the statement is true or false
For a risk averse investor, other things held constant, the higher a security's risk, the higher the return investors demand, and thus the less they are willing to pay for the investment.?
Answer the following statement true (T) or false (F)