An order permitting a creditor to seize a debtor's property to satisfy a debt is called a(n) ____________________
Fill in the blank(s) with correct word
execution
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Bellington, Inc is considering the purchase of new, sophisticated machinery for a special
three-year project. The machinery requires a special lubricating oil that probably will never be used, but must be available at all times should the machine break down. Bellington purchases $2,000 of lubricating oil to keep on hand just in case it is needed. At the end of the three-year project, it is expected the lubricating oil can be sold back to the distributor for $2,000. Which of the following statements is MOST correct? A) The $2,000 represents an additional investment in working capital that should be included in the capital budgeting analysis. B) The $2,000 for the lubricating oil should be excluded from the analysis because it is recovered at the end of three years, so the final cost is zero. C) The $2,000 for lubricating oil is simply an accounting entry and does not represent a real cash flow. D) The lubricating oil is a sunk cost that should be excluded from the analysis.
Dow Chemical hires science and engineering graduates to explain the advantages of its products-and how to dispose of them in an environmentally friendly manner-to prospective customers. What type of salesperson is this?
A. order taker B. new-account salesperson C. order getter D. consultative salesperson E. technical specialist
In order for a federal court to have jurisdiction, there must be a federal question involved and at least $75,000 in dispute
Indicate whether the statement is true or false
The common stock of Peachtree Paper, Inc., is currently selling for $40 a share. A dividend of $2.00 per share was just paid. You are estimating that this dividend will grow at a constant rate of 10%
(a) Using the constant growth DVM model, what is your required rate of return if $40 is a reasonable trading price? (Show all work.) (b) If Peachtree Papers is a new company that produces a relatively unknown product, is the constant growth model a good valuation method for a potential investor to use? Justify your answer. What will be an ideal response?