Eugene ables ran an excavation company. he borrowed $500,000 from the highland park state bank. ables signed a note promising to repay the money and an agreement given highland bank a security interest in all of his equipment, including after-acquired equipment. several years later, ables agreed with patricia myers to purchase a bantam backhoe from her for $16,000, which he would repay at the rate of $100 per month, while he used the machine. ables later defaulted on his note to highland and the bank attempted to take the backhoe. myers and ables contended that the bank had no right to take the backhoe? was the backhoe covered by highland’s security interest? did ables have sufficient rights in the backhoe for the bank’s security interest to attach? who wins and why?

Jurvin enterprises is a manufacturing company that had no beginning inventories. a subset of the transactions that it recorded during a recent month is shown below. $76,700 in raw materials were purchased for cash. $71,400 in raw materials were used in production. of this amount, $66,300 was for direct materials and the remainder was for indirect materials. total labor wages of $151,700 were incurred and paid. of this amount, $134,300 was for direct labor and the remainder was for indirect labor. additional manufacturing overhead costs of $126,300 were incurred and paid. manufacturing overhead of $126,800 was applied to production using the company's predetermined overhead rate. all of the jobs in process at the end of the month were completed. all of the completed jobs were shipped to customers. any underapplied or overapplied overhead for the period was closed to cost of goods sold.required: 1. post the above transactions to t-accounts.2. determine the cost of goods sold for the period.

Microsoft's stock price peaked at 6118% of its ipo price more than 13 years after the ipo suppose that $10,000 invested in microsoft at its ipo price had been worth $600,000 (6000% of the ipo price) after exactly 13 years. what interest rate, compounded annually, does this represent? (round your answer to two decimal places.)

The green fiddle has declared a $5 per share dividend. suppose capital gains are not taxed, but dividends are taxed at 15 percent. new irs regulations require that taxes be withheld at the time the dividend is paid. green fiddle stock sells for $71.50 per share, and the stock is about to go ex-dividend. what will the ex-dividend price be?