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Why is it important for a company to have an internal control system? What is the difference between a general control & an application control?
I dont need this in apa format!
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Eastern Oregon University Bankruptcy Petition Business Law Questions
Donald has declared chpt 7 bankruptcy. Which of the following transactions (payment, sale or lien) would be considered pr ...
Eastern Oregon University Bankruptcy Petition Business Law Questions
Donald has declared chpt 7 bankruptcy. Which of the following transactions (payment, sale or lien) would be considered preferential or fraudulent and as such can be invalidated by the bankruptcy trustee and returned to Donald's estate? Donald purchases a lawn tractor from Sears for $3000, and Sears attaches a security interest to the lawn tractor. 60 days after the purchase, Donald files for bankruptcy. Can the lien (security interest) be invalidated? Explain why or why not.Over a year ago, Donald had the engine in his car rebuilt, and Donald owes his mechanic $4600 for the repair work. His pay agreement requires him to pay $400 a month plus interest. 70 days before Donald files for bankruptcy, he pays his mechanic $2000 on the debt. Can payment to the mechanic be invalidated by the trustee? Explain why or why not. Donald owes his uncle Joe $8,500 on a personal loan he took out to purchase an automobile. The loan requires that he pay his uncle $500 a month until the balance is paid off. Six months before filing bankruptcy, he makes a payment of $3000 on the loan. Can this payment be invalidated? Explain why or why not.Donald rents an apartment and his monthly rent payment is $1200. He makes the rent payment in April, May and June. During the first week of July, Donald files for bankruptcy. Can his rent payments be invalidated by the trustee? Explain why or why not. Donald owes his attorney, Michael, $6000 for representing him in his divorce. Because he has been unable to collect the debt, Michael is threatening to sell the debt to the Kneecap Collection Agency. To reassure Michael that he will repay the debt, Donald gives Michael a security interest in Donald’s Rolex watch. 82 days later Donald the files for bankruptcy. Can the trustee invalidate the lien (security interest) in the Rolex watch? Explain why or why not.Donald owns a painting by Edward Hopper that has an appraised value of $75,000. Nine months before he declares bankruptcy, Donald sells the painting to his business partner, Daphne for $25,000. Can the trustee invalidate this transaction? Explain why or why not.Donald hires Greenworks Landscaping to install an automatic lawn irrigation system, and he pays Greenworks $2700 for the system. 28 days later Donald files for bankruptcy. Can the trustee invalidate the payment to Greenworks? Explain why or why not.II. Carol has filed a chpt 7 bankruptcy petition. Trustee has separated Carol's exempt assets from the non-exempt assets. The non-exempt assets are a coin collection, 200 shares of Texaco stock and an antique clock. Trustee sell the coin collection for $4000, the Texaco stock for $2200 and the clock for $800.Carol's creditors are:Secured Creditor: $6000 debt. Secured Creditor has a security interest in Carol's coin collection.Priority Creditor: $2600. The limit on the priority claim is $1000.Aunt Shirley: $1000 debt. Nordstrom's: $1400 debt.How much will each creditor be paid from the distribution of Carol's estate? Please be sure to explain your answer.
GEB 1011 Florida State College Charity Childcare Facility Business Plan Paper
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GEB 1011 Florida State College Charity Childcare Facility Business Plan Paper
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Eastern Oregon University Bankruptcy Petition Business Law Questions
Donald has declared chpt 7 bankruptcy. Which of the following transactions (payment, sale or lien) would be considered pr ...
Eastern Oregon University Bankruptcy Petition Business Law Questions
Donald has declared chpt 7 bankruptcy. Which of the following transactions (payment, sale or lien) would be considered preferential or fraudulent and as such can be invalidated by the bankruptcy trustee and returned to Donald's estate? Donald purchases a lawn tractor from Sears for $3000, and Sears attaches a security interest to the lawn tractor. 60 days after the purchase, Donald files for bankruptcy. Can the lien (security interest) be invalidated? Explain why or why not.Over a year ago, Donald had the engine in his car rebuilt, and Donald owes his mechanic $4600 for the repair work. His pay agreement requires him to pay $400 a month plus interest. 70 days before Donald files for bankruptcy, he pays his mechanic $2000 on the debt. Can payment to the mechanic be invalidated by the trustee? Explain why or why not. Donald owes his uncle Joe $8,500 on a personal loan he took out to purchase an automobile. The loan requires that he pay his uncle $500 a month until the balance is paid off. Six months before filing bankruptcy, he makes a payment of $3000 on the loan. Can this payment be invalidated? Explain why or why not.Donald rents an apartment and his monthly rent payment is $1200. He makes the rent payment in April, May and June. During the first week of July, Donald files for bankruptcy. Can his rent payments be invalidated by the trustee? Explain why or why not. Donald owes his attorney, Michael, $6000 for representing him in his divorce. Because he has been unable to collect the debt, Michael is threatening to sell the debt to the Kneecap Collection Agency. To reassure Michael that he will repay the debt, Donald gives Michael a security interest in Donald’s Rolex watch. 82 days later Donald the files for bankruptcy. Can the trustee invalidate the lien (security interest) in the Rolex watch? Explain why or why not.Donald owns a painting by Edward Hopper that has an appraised value of $75,000. Nine months before he declares bankruptcy, Donald sells the painting to his business partner, Daphne for $25,000. Can the trustee invalidate this transaction? Explain why or why not.Donald hires Greenworks Landscaping to install an automatic lawn irrigation system, and he pays Greenworks $2700 for the system. 28 days later Donald files for bankruptcy. Can the trustee invalidate the payment to Greenworks? Explain why or why not.II. Carol has filed a chpt 7 bankruptcy petition. Trustee has separated Carol's exempt assets from the non-exempt assets. The non-exempt assets are a coin collection, 200 shares of Texaco stock and an antique clock. Trustee sell the coin collection for $4000, the Texaco stock for $2200 and the clock for $800.Carol's creditors are:Secured Creditor: $6000 debt. Secured Creditor has a security interest in Carol's coin collection.Priority Creditor: $2600. The limit on the priority claim is $1000.Aunt Shirley: $1000 debt. Nordstrom's: $1400 debt.How much will each creditor be paid from the distribution of Carol's estate? Please be sure to explain your answer.
GEB 1011 Florida State College Charity Childcare Facility Business Plan Paper
This assignment aligns with Learning Outcomes 1–6.In this module you will submit your Small Business Plan for grading. F ...
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This assignment aligns with Learning Outcomes 1–6.In this module you will submit your Small Business Plan for grading. Follow the Submission instructions below to upload the file.Business Plan AssignmentThe purpose of this business plan assignment is to reflect on the concept you have acquired during this course. It is important to complete and submit a business plan for any business. The business plan is often the document that secures financing for a company and creates a framework for the organization. In this assignment you will create a business plan (5-7 pages) to include the following:Executive Summary: The executive summary is the first section of your business plan that is typically written last. It provides an overview of all of the other sections in the business plan.Company Description: The company description section of your business plan is typically the second section, coming after the executive summary. The company description outlines vital details about your company, such as name of your company, where you are located, how large the company is, what you do and what you hope to accomplish.Products or Services: The products or services section of your business plan should clearly describe what products and/or services you are selling with emphasis on the value you're providing to your customers or clients.Market Analysis: The market analysis section of your business plan comes after the products and services section. It provides a detailed overview of the industry you intend to sell your products or services, including potential competitors. This section also addresses valuable information about what works and what does not in the marketplace.Marketing Strategy: The marketing strategy section of your business plan builds upon the market analysis section. This section outlines where your business fits into the market and how you will price, promote, and sell your products or services.Management Summary: The management summary section of your business plan describes how your business is structured, introduces who is involved, outlines external resources, and explains how the business is managed.Financial Analysis: The financial analysis section of your business plan should contain, the start up cost, the details for financing your business, what will be needed for future growth, as well as estimation of your operating expenses.
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United Way Worldwide
For a long time, United Way Worldwide has been one of the leading charity organizations. The organization was traditionall ...
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For a long time, United Way Worldwide has been one of the leading charity organizations. The organization was traditionally focused on helping ...
5 pages
Case Study On Corporate Social Responsibility
How corporation creating a corporate social responsibility policy must manage and utilize their relationships with shareho ...
Case Study On Corporate Social Responsibility
How corporation creating a corporate social responsibility policy must manage and utilize their relationships with shareholders, communities and ...
Ashford University USMCA and its Relationship to Free Trade Essay
NAFTA is a well-known free trade agreement that has been replaced by USMCA. Does USMCA move more toward free trade or not? ...
Ashford University USMCA and its Relationship to Free Trade Essay
NAFTA is a well-known free trade agreement that has been replaced by USMCA. Does USMCA move more toward free trade or not? What are the arguments for free trade, and what are the arguments against free trade?please use these references below. Must be 800 words or more apa format. in text citations must match references. No plagiarism Teson, F. R. (2012). Why free trade is required by justice. Social Philosophy & Policy, 29(1), 126-153. doi:http://dx.doi.org/10.1017/S0265052511000112Carlson, J. (2014). NAFTA’s legacy. Baylor Business Review, 32(2), 26-28.de Mestral, A. (2011). NAFTA: The unfulfilled promise of the FTA. European Law Journal 17(5), 649-666. doi. 10.1111/j.1468-0386.2011.00571.xHartman, S. W. (2011). NAFTA, the controversy. International Trade Journal, 25(1), 5-34. doi: 10.1080/08853908.2011.532036Hufbauer, G. C., & Schott, J. J. (2008). NAFTA’s bad rap. International Economy, 22(3), 19-23.Thakkar, B. S., & Sands, S. K. (2011). Influence of NAFTA on current US economy. Perspectives on Global Development & Technology, 10(1), 143-155. doi: 0.1163/156914911x555161
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Fabrics, Inc. is an upcoming business company with a promising future in the respective industry though currently engulfed ...
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Fabrics, Inc. is an upcoming business company with a promising future in the respective industry though currently engulfed in various problems. The ...
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