None of the following transfers may be set aside as preferences by the bankruptcy trustee except for: ______
A) transactions for present consideration
B) payments in the debtor's ordinary course of business
C) payments of a debtor's utility bill
D) payments to a debtor's relative
D
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What is the correct formula in B9 to calculate the after-tax cost of debt?
a) =YIELD(B1,B2,B3,B4*(1-B8)/B5*100,B5/B5*100,B6,B7)*(1-B9)
b) =YIELD(B1,B2,B3,B4*(1-B8)/B5*100,B5/B5*100,B6,B7)
c) =YIELD(B1,B2,B3,B4*(1-B9)/B5*100,B5/B5*100,B6,B7)*(1-B8)
d) None of the above
A static report can include updating daily stock market prices or the calculation of available inventory.
Answer the following statement true (T) or false (F)
The ________ requires that government statutes, ordinances, regulations, and other laws be clear on their face and not overly broad in scope
A) procedural due process B) substantive due process C) intermediate scrutiny test D) rational scrutiny test
Armour, Inc., an advertising agency, applies overhead to jobs on the basis of direct professional labor hours. Overhead was estimated to be $150,000, direct professional labor hours were estimated to be 15,000, and direct professional labor cost was projected to be $225,000. During the year, Armour incurred actual overhead costs of $146,000, actual direct professional labor hours of 14,500, and actual direct labor cost of $222,000. By year-end, the firm's overhead was:
A. $5,000 underapplied. B. $4,000 overapplied. C. $4,000 underapplied. D. $1,000 overapplied. E. $1,000 underapplied.