A three-day notice to quit or pay rent could be used against a tenant who
A. violated a lease provision.
B. was delinquent in rent.
C. used the premises for an illegal purpose.
D. did all of these
Answer: B. was delinquent in rent.
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Of the following British professional accounting associations, whose members CANNOT sign an audit report?
A. Institute of Chartered Accountants in England and Wales (ICAEW) B. Association of Chartered Certified Accountants (ACCA) C. Chartered Institute of Public Finance and Accountancy (CIPFA) D. Institute of Chartered Accountants in Scotland (ICAS)
The data above shows the net working capital requirements for Blunderstone Shoes, a company that makes waterproof boots. All figures are in thousands of dollars. What can be considered the firm's permanent working capital?
Minimum Cash Balance $800 $800 $800 $800 Accounts Receivable 1400 800 700 3700 Inventory 1100 3100 5200 550 Accounts Payable (600) (600) (600) (600) A) $2,700,000 B) $3,300,000 C) $4,100,000 D) $4,450,000