Computers and Technology, 07.03.2020 04:49 fxllsxn
Calculate the cash used to retire debt for each of the six months. Since the company can't pay down more debt than there is cash available to retire the debt, the cash used to retire debt cannot exceed the cash available to retire debt. Likewise, the company won't pay more money to retire debt than it has debt from the prior month to retire. Therefore, the cash used to retire debt will be equal to the cash available to retire debt if that total is less than the loan balance from the prior month. Otherwise, the cash used to retire debt will be the loan total from the prior month. [3 points]
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Computers and Technology, 21.06.2019 22:00
Signal sets company contracts to deliver one hundred 52-inch plasma high-definition television sets to a new retail customer, tuner tv store, on may 1, with payment to be made on delivery. signal tenders delivery in its own truck. tuner's manager notices that some of the cartons have scrape marks. tuner's owner phones signal's office and asks whether the sets might have been damaged as they were being loaded. signal assures tuner that the sets are in perfect condition. tuner tenders signal a check, which signal refuses, claiming that the first delivery to new customers is always for cash. tuner promises to pay the cash within two days. signal leaves the sets with tuner, which stores them in its warehouse pending its "grand opening sale" on may 15. two days later, tuner's stocker opens some of the cartons and discovers that a number of the sets are damaged beyond ordinary repair. signal claims tuner has accepted the sets and is in breach by not paying on delivery. will signal succeed on these claims? explain.
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Computers and Technology, 23.06.2019 19:00
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Calculate the cash used to retire debt for each of the six months. Since the company can't pay down...
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