Smith takes his grandfather clock to A. S. Clockwise, a seller of clocks, for cleaning and repairs. Clockwise has a clearly stated policy that all repairs must be paid for in cash unless prior credit arrangements have been approved. The estimated cost of the cleaning and repairs is stated as $100-$125. Clockwise makes the repairs and, with cleaning, the bill is $120. Smith owns a number of nonexempt assets. When Smith comes to pick up his grandfather clock, he refuses to pay cash, and Clockwise refuses to turn over the grandfather clock to Smith.
1. What is the best lien remedy available for Clockwise?

If the ceo of a large, diversified, firm were filling out a fitness report on a division manager (i.e., "grading" the manager), which of the following situations would be likely to cause the manager to receive a better grade? in all cases, assume that other things are held constant.a. the division's basic earning power ratio is above the average of other firms in its industry.b. the division's total assets turnover ratio is below the average for other firms in its industry.c. the division's debt ratio is above the average for other firms in the industry.d. the division's inventory turnover is 6, whereas the average for its competitors is 8.e. the division's dso (days' sales outstanding) is 40, whereas the average for its competitors is 30.