Which of the following makes a security interest created under Article 9 a floating lien?
a. The provision that, unless otherwise agreed, a security agreement gives the secured party a security interest in the proceeds if the collateral is sold, exchanged, collected, or otherwise disposed of.
b. The provision that, unless otherwise agreed, a security agreement fails to give the secured party a security interest in the proceeds if the collateral is sold, exchanged, collected, or otherwise disposed of.
c. The provision that, unless otherwise agreed, interest rates will vary depending on the prime rate of interest.
d. The provision that, unless otherwise agreed, the parties will not sell, exchange, collect, or otherwise dispose of property and that if such an action is taken, all sums owed become immediately due.
a
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On October 1, Vista View Company rented warehouse space to a tenant for $2,500 per month. The tenant paid five months' rent in advance on that date, with the lease beginning immediately. The cash receipt was credited to the Unearned Rent account. The company's annual accounting period ends on December 31. The adjusting entry needed on December 31 is:
A. Debit Unearned Rent, $7,500; credit Rent Earned, $7,500. B. Debit Rent Receivable, $7,500; credit Rent Earned, $7,500. C. Debit Rent Receivable, $12,500; credit Rent Earned, $12,500. D. Debit Unearned Rent, $12,500; credit Rent Earned, $12,500. E. Debit Unearned Rent, $5,000; credit Rent Earned, $5,000.
Consider that a company’s aggregate demand for a product over a 5-month period is 30,000, and there are a total of 125 working days in that period. Under level production strategy, the company will produce ______ units per day.
A. 200 B. 250 C. 220 D. 240
A school is trying to determine a nutritional diet to feed its students. The objective is to minimize cost, subject to meeting the minimum nutritional requirements of protein, calcium, and calories. The cost and nutritional content of each food, along with the minimum nutritional requirements, are shown here. Let K and T be the number pounds of kidney beans and tofu to be purchased. Which of the following is the optimal solution values of the decision variables?
A. K = 1, T = 3
B. K = 3, T = 1
C. K = 2, T = 2
D. K = 4, T = 1
According to The Conference Board, a business research organization, over ____ new job vacancies are posted online each month.
A. 1 million B. 2 million C. 3 million D. 4 million