In states which have adopted certificate of title statutes for automobiles, trailers, mobile homes, and boats, perfection of a security interest must include both filing of a financing statement and notation on the certificate of title

a. True
b. False
Indicate whether the statement is true or false


False

Business

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The work plan section of a formal proposal

A) is presented in the conclusion. B) is contractually binding if the proposal is accepted. C) delineates the costs involved in your proposed solution. D) describes your organization's experience, personnel, and facilities. E) points out the advantages that your company can offer.

Business

On January 1 . 2014, $50,000 of 20-year, 6 percent debentures were issued for $56,275.20 . Interest payment dates on the bonds are January 1 and July 1 . The amount of premium to be amortized on July 1 . 2014, when using the straight-line method is

a. $313.76. b. $156.88. c. $776.50. d. $93.11.

Business

Under the perpetual inventory system, Village Fabrics purchased 25 yards of blue plaid fabric at a cost of $2.00 per yard on June 1; on June 3, 22 yards were sold of the blue plaid; a new shipment came in with 25 more yards at a cost of $2.25 per yard on June 5; on June 15, 17 yards of the blue plaid fabric were sold; Village Fabrics purchased another 25-yard bolt at a cost of $2.50 per yard on

June 19; on June 27, 6 more yards had been sold. No inventory was on hand at the beginning of the month. What is the cost of merchandise sold and cost of inventory under the FIFO method for June? a. $67.50; $101.25 b. $101.25; $67.50 c. $45.00; $30.00 d. $95.00; $73.75

Business

When Henry Ford said, "People can have the Model T in any color-so long that it's black," he was reflecting a sales orientation.

Answer the following statement true (T) or false (F)

Business