subject
Business, 17.12.2019 01:31 Josephcastillo6403

Maria is the sole proprietor of an antique store that is located in a rented warehouse. the store has an outstanding loan with the local bank but no other debt obligations. there are no specific assets pledged as security for the loan. due to a sudden and unexpected downturn in the economy, the store is unable to generate sufficient funds to pay the loan payments due to the bank. which of the following options does the bank have to collect the money it is owed? i. sell the inventory and apply the proceeds to the debtii. sell the lighting fixtures from the building and apply the proceeds to the debtiii. withdraw funds from maria's personal account at the bank to pay the store's debtiv. sell any assets maria personally owns and apply the proceeds to the store's debt-i only-iii only-i and ii only-i, ii, and iii only-i, iii, and iv only

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 15:30
University hero is considering expanding operations beyond its healthy sandwiches. jim axelrod, vice president of marketing, would like to add a line of smoothies with a similar health emphasis. each smoothie would include two free health supplements such as vitamins, antioxidants, and protein. jim believes smoothie sales should fill the slow mid-afternoon period. adding the line of smoothies would require purchasing additional freezer space, machinery, and equipment. jim provides the following projections of net sales, net income, and average total assets in support of his proposal. sandwichesonly sandwiches and smoothies net sales $ 750,000 $ 1,350,000 net income 120,000 210,000 average total assets 350,000 750,000 return on assetschoose numerator ÷ choose denominator = return on assets÷ = return on assets÷ = profit margin÷ = profit margin÷ = asset turnover÷ = asset turnover÷ = times
Answers: 2
question
Business, 22.06.2019 20:30
You are in the market for a new refrigerator for your company’s lounge, and you have narrowed the search down to two models. the energy efficient model sells for $700 and will save you $45 at the end of each of the next five years in electricity costs. the standard model has features similar to the energy efficient model but provides no future saving in electricity costs. it is priced at only $500. assuming your opportunity cost of funds is 6 percent, which refrigerator should you purchase
Answers: 3
question
Business, 22.06.2019 21:20
How success was the first day of the bus boycott
Answers: 1
question
Business, 23.06.2019 00:30
Suppose there is a 6 percent increase in the price of good x and a resulting 6 percent decrease in the quantity of x demanded. price elasticity of demand for x is a. 0 b. 6 c. 1 d. 36
Answers: 2
You know the right answer?
Maria is the sole proprietor of an antique store that is located in a rented warehouse. the store ha...
Questions
question
Mathematics, 12.12.2020 16:30
question
Mathematics, 12.12.2020 16:30
question
Health, 12.12.2020 16:30
question
Mathematics, 12.12.2020 16:30
Questions on the website: 13722361