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MrMuchimi
2 years 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]2 years 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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A cell phone company has launched a new cell phone with advanced features. Which promotional strategy would be the best for the
ludmilkaskok [199]

Answer:

C. Place advertisements on social media

Explanation:

The promotional strategy that would be best suited for a new cell phone with advanced features is advertisment on social media because it is meant for targeted audience.

Although radio advertisement covers a wider range of audience, social media advertisement will be the best for the above scenario because it covers targeted audience and also perspective buyers would like to see sample of those features which will not be possible in radio advertisement.

There are various social media platforms like Instagrams, linkedln etc where these products can be advertised and the advanced features seen by targeted audience before placing an order.

6 0
2 years ago
Read 2 more answers
Nuthatch Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of busin
EleoNora [17]

Answer:

Option (b) is correct.

Explanation:

Given that,

Budgeted sales in September = $260,000

Budgeted sales in October = $375,000

Budgeted sales in November = $400,000

Percent of merchandise sells for cash = 30%

Percent of merchandise sells on account = 70%

Out of the credit sales,

80% are expected to be collected in the month of the sale.

20% in the month following the sale.

Therefore, the cash collections in September from accounts receivable will include only 80% of the credit sales in September as Nuthatch corporations starts its operation on September 1, hence there will be no sales in August.

Cash Collections From Accounts Receivables;

= 80% of the credit sales in September

= 0.8 × (70% × $260,000)

= 0.8 × $182,000

= $145,600

5 0
2 years ago
Patsy’s home has been on the market for five weeks, and two brokers had buyers who were ready to make offers. If Patsy accepted
shutvik [7]

Answer: open listing

Explanation:

Open listing simply refers to situation whereby a property owner uses several real estate agents when he or she wants to sell a property so that there will be many potential buyers.

In this situation, the agent who eventually brings the person who purchases the property will collects the commission assigned to the property.

5 0
2 years ago
Suppose that a chicken farm uses a nearby stream to dispose of the wastes released by its chickens. These wastes flow downstream
Bess [88]

Answer:

See attached photo.

Explanation:

Refer to the photo attached.

7 0
2 years ago
A currently owned shredder used in a refuse-powered electrical generating plant has a present net realizable value of $200,000 a
Shtirlitz [24]

Answer:

Please attachment .

Explanation:

Please see attachment

7 0
2 years ago
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