A floating inventory lien is a lender's claim on the borrower's general inventory as collateral for a secured loan
Indicate whether the statement is true or false
TRUE
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The components of cost of capital include all of the following except
a. the cost of debt b. the cost of preferred stock c. the cost of common stock and retained earnings d. the minimum rate of return
In recent years, cellular (mobile) service providers have worked hard to eliminate "dead zones," providing customers with service wherever they traveled. By working to make the network available in more locations, cellular service companies were focusing on ________ value creation.
A. price B. place C. product D. promotion E. financial
Jack and Jill were living together. Jack wanted to start a small retail store, but did not have good credit. Jill, whose credit was excellent, signed loan agreements with Jack so he could borrow the money to start the business. Jack used business cards
that stated he was the "owner" of the business. He and Jill filed separate tax returns. Jack stated he was self-employed and claimed the business was a sole proprietorship. The money that was earned from the store was placed into a joint checking account owned and used by Jack and Jill. When there were significant decisions to be made about the business, such as deciding to franchise the business, the decision was made jointly by Jack and Jill. Five years after the business was started, Jill left Jack. She claimed she was entitled to one-half the business's profits since she and Jack were partners. Jack disagreed and claimed they never had a partnership. Discuss Jill's claim.
In traditional goal setting, goals set by top managers flow down through the organization and become subgoals for each organizational area.
Answer the following statement true (T) or false (F)