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MrMuchimi
1 year ago
7

In a liquidation proceeding, if the proceeds on the realization of an asset exceed the lien against that asset, the excess is as

signed to
Business
1 answer:
DIA [1.3K]1 year ago
3 0

Answer:

The excess is assigned to the employer.

Explanation:

The employer has the full right to initiate a claim process for the surplus or outstanding amount that the employee owes and that is not enough to compensate with the liquidation.

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Khalid has just found out that his friend Jason is terminally ill.This has made him feel sad and lonely at the thought of living
Paha777 [63]

Answer:

B) Anticipatory Grief

Explanation:

As Khalid has found out that his friend Jason is terminally ill. This has made him feel sad and lonely at the thought of living life without his friend. Khalid's feelings best represent the concept of anticipatory grief which refers to the feeling of sadness and grief occurring before the actual happening of that loss. We become sad and emotional even before the actual happening of some incident. For example, when our dear friend is in hospital after a sever accident, then we start feeling this anticipatory grief that the chances are more that he will be dead soon so we feel more grief and sadness.

6 0
1 year ago
A major U.S. automaker has determined that the city mileage for one of its new SUV models is normally distributed with a mean eq
g100num [7]

Answer:

city mileage standard deviation for this SUV model is 2.34 mpg

Explanation:

given data

mean = 15.2 mpg

company indicated SUV more than 17 mpg  = 22 %

to find out

city mileage standard deviation

solution

we know here that

P(Z > 0.77) is = 0.22

so here z is

z = 0.77

and

we use here z-score formula that is

mean x = z × \sigma + \mu   ................1

so

\sigma = ( x - \mu ) ÷ z   ................2

put here value and we get

\sigma = \frac{17-15.2}{0.77}  

\sigma = 2.34

so city mileage standard deviation for this SUV model is 2.34 mpg

3 0
1 year ago
Jody is an agent for Insta Cross Country Trucking Inc. In the course of Jody's performance for the firm, Jody pays Heck for cert
Vedmedyk [2.9K]

Answer:

Reimbursement.

Explanation:

When an agent incurs expenses while acting in the interest of principal them the principal is obligated to reimburse the agent the funds spent.

In this scenario Jody is an agent for Insta Cross Country Trucking Inc. In the course of Jody's performance for the firm, Jody pays Heck for certain vehicle maintenance and repair services. Jody has the right to request for refund based on principal's duty of reimbursement.

The action taken must be verified to be in the interest of the principal if not she will not be entitled to reimbursement.

5 0
2 years ago
On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $27.70 per share. On March 1, a dividend of
klio [65]

Explanation:

The calculation is shown below:

a. The proceeds from the short sale (net of commission) is

= Number of shares short sold x (price of short sale - commission paid per share)

= 100 shares x ($27.70 - 0.25)

= $2,745

b. The dividend payment is

= Number of shares × dividend per share

= 100 shares × $3.30

= $330

c. Value of an account is

= Proceeds from short sale, commission net -  dividend paid - cost including commission

where,

Cost including commission is

= Number of shares short sold x (price of buying stock + commission paid per share)

= 100 shares × ($22 + 0.25)

= $2,225

So, the value of an account is

= $2,745 - $330 - $2,225

= $190

5 0
2 years ago
Cass & Company has the following data. How many days is the firm's cash conversion cycle? Inventory conversion period = 50 d
Savatey [412]

Answer:

42 days

Explanation:

Given that

Inventory conversion period = 50 days

Average collection period = 17 days

Payable deferral period = 25 days

Now The computation of the cash conversion cycle is shown below:

The cash conversion cycle = Inventory conversion period + Average collection period  -  Payable deferral period

= 50 days + 17 days - 25 days

= 42 days

6 0
1 year ago
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