After calculating the cost-to-retail percentage all normal shortages due to spoilage, breakage, and theft should be _____ in the retail column and employee discounts should be added to net sales.

On December 31, 2016, Jerry's, Inc borrowed $500,000 by signing a five-year, 8% note payable

The note is payable in five yearly installments of $100,000 plus interest, due at the end of every year beginning on December 31, 2017. What amount represents the current portion of Long-term Notes Payable at December 31, 2016? What will be an ideal response

The main purpose of a subordination clause is to:

a. make one loan or encumbrance take an inferior position to another loan or encumbrance. b. make one loan or encumbrance take a collateral position to another loan or encumbrance. c. move one trustors foreclosure priority to another trustor. d. All of the above.