Under the UCC, a security interest for consumer goods is perfected:
a. without filing
b. only with filing
c. if the creditor fills out the proper forms in court d. if the creditor is approved by a court official
e. none of the other choices are correct
a
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Bonds are generally issued in denominations of $1,000
a. True b. False Indicate whether the statement is true or false
The Henry-Bell organization uses the Scanlon plan to provide incentives to its employees. The workers produce electrical components worth $5 million. The target ratio set by the organization is 30 percent. The employees will be given a bonus if the actual labor costs are less than
A. $1 million. B. $2 million. C. $1.5 million. D. $2.5 million. E. $0.5 million.
Laws Corporation is considering the purchase of a machine costing $16,000. Estimated cash savings from using the new machine are $4,120 per year. The machine will have no salvage value at the end of its useful life of six years and the required rate of return for Laws Corporation is 12%. The machine's internal rate of return is closest to (Ignore income taxes.):Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.
A. 18% B. 12% C. 16% D. 14%
A country decides to put a direct tax on imported jewelry in order to encourage citizens to purchase jewelry from their own country. What concept is at work in this situation?
a. tariffs b. quotas c. subsidies d. embargos