<span>The notary signing agent should provide the borrower the contact information, full disclosure. The notary has the primary responsibility for notarizing signatures, but isn't there to block information.</span>
Answer:
$225,000
Explanation:
Data provided in the question:
Note payable = 10%, $3,000,000
Payment amount = $1,000,000
Now,
Since the first payment is made in the month of October
Therefore,
Duration from October 2018 to October 2019 = 9 months = 
years
Therefore,
Interest payable for 2019 will be = $3,000,000 × 0.10 ×
= $225,000
Answer:
D) inventory
Explanation:
Inventory: Inventory is the stock of the company. It passed through various cycles i.e. raw material, work in progress, finished goods. When the cycle is finished then the product is ready to sell in the market.
Moreover, the recording of the stock is done based on the cost or market value whichever is lower.
In the given question, operation management uses the storage facility. So, the storage facility is used to store the inventory. Here, the storage facility means the warehouse in which the company products are kept for safety measurement.
Thus, all other options are incorrect except D option
Loan commitment or credit line.
Answer: Options II or III.
<u>Explanation:</u>
A loan advancement is a bank's guarantee to offer an advance or credit of a predefined sum to a borrower. Likewise called a dedication letter, it incorporates the entirety of the terms and states of the credit.
A credit line is the measure of cash that can be charged to a Mastercard account. The size of a credit line, and its amount has been obtained, impact purchaser FICO assessments. Low credit usage — that is, a credit line on which little has been obtained — prompts a higher FICO rating.
Answer:
Option A is the correct answer (Increases - Increases)
Explanation:
If Dawn had allocated the variances to work in progress rather than on cost of goods sold. Current ratio would increases and the net income would increase also. This is because writing off the variances to cost of goods sold would automatically result into a lower operating income than if it was either prorated to work in progress, finished goods, and cost of goods sold.
