Quotient Financial Corporation is a secured party with a security inter-est in property owned by Retail Sales Company. Perfection of this secu-rity in-ter-est may not protect Quotient Financial against the claim of
A) a bank
B) a buyer in the ordinary course of business.
C) a subsequent lien creditor.
D) a trustee in bankruptcy.
B
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Sixty percent of the student body at UTC is from the state of Tennessee (T), 30% percent are from other states (O), and the remainder are international students (I). Twenty percent of students from Tennessee live in the dormitories, whereas, 50% of students from other states live in the dormitories. Finally, 80% of the international students live in the dormitories. a.What percentage of UTC students live in the dormitories?b.Given that a student lives in the dormitory, what is the probability that she/he is an international student?c.Given that a student lives in the dormitory, what is the probability that she/he is from Tennessee?
What will be an ideal response?
Changes in fair value of securities are reported in the income statement for which type of securities?
a. Marketable equity securities b. Available-for-sale securities c. Held-to-maturity securities d. Trading securities
Which of the following is not true regarding the fair value option for marketable securities and derivatives?
a. Subsequent to the acquisition of a derivative, the firm may report changes in fair value of derivatives in Other Comprehensive Income. b. Subsequent to the acquisition of a derivative, the firm may report changes in fair value of derivatives, but they have no effect on any lines of the statement of cash flows. c. Firms using the fair value option mark the carrying value of the asset to fair value each period. d. If the change in fair value of the derivative decreases carrying value, then the firm reports the amount of that decrease as a loss during the current period. e. If the change in fair value of the derivative decreases carrying value, then the cash flow from operations sections shows a subtraction for the loss.
Generally, there are few differences in human resource management procedures and strategies in unionized versus nonunionized retailers
Indicate whether the statement is true or false