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1 year ago

The sale or transfer of goods ordinarily held for sale in course of business is goverend by the?

1 answer:

7 0

The sale or transfer of goods ordinarily held for sale in course of business is governed by the Uniform Commercial Code.

Whilst a shop lowers its charges via a sale, though, customers are more willing to buy due to the fact they recognize they're now not set as a whole lot of money on the line. extra often than not, customers who like the stuff they buy on sale will turn out to be coming lower back to shop for it once more, despite the fact that it's not priced at a reduction.

The important thing for a retailer is the gross income margin: the percentage of revenue left over from the sale of a product after subtracting the fee of that product – which includes the production, transport, packaging, and different work that goes into it.

A clearance is a unique sort of sale that could appeal to extra customers than traditional sales. this is due to the shop seeking to take away positive items for one cause or any other. the store is probably going out of business, the objects are going out of season, or there is not sufficient room in the shop for new gadgets.

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Which of the following statements about the relationship between the financial market and the economy is TRUE?

Ber [7]

the economy predicts what happens to the financial market. Example the 2008 recession happened because of the economy lot of people were losing jobs and defaulted on their mortgages which caused the 2007 real estate crash.

3 0

3 years ago

As a gift from your parents, you just received $50,000 for your education. You can earn an annual rate of 8% on your investments

VashaNatasha [74]

Answer:

annual withdrawal = $15096.04

Explanation:

given data

present value = $50,000

annual rate = 8%

time = 4 year

to find out

How much can you withdraw each year

solution

we find here annual withdrawal amount that is express as

annual withdrawal = $\frac{present\ value}{\frac{1-(1+r)^{-t}}{r}}$ ................1

here r is rate and t is time

so put here value we get

annual withdrawal = $\frac{50000}{\frac{1-(1+0.08)^{-4}}{0.08}}$

annual withdrawal = $\frac{50000}{3.31212}$

annual withdrawal = $15096.04

7 0

3 years ago

Sydney has worked for WillCo for the last 20 years. She just had her 60th birthday and is thinking about retirement. WillCo spon

Wittaler [7]

Answer: c. Sydney can diversify 50% of her WillCo stock.

Explanation:

Employee stock ownership plan (ESOP) is simply referred to as an employee benefit where the employees of a particular company are given ownership interest as long as some certain criteria are met.

Once the workers become qualified participants, they can diversify certain percentage of their stocks. From the 1st-5th year, a qualified participant is allowed to diversify about 25% of his or her stock account and about 50% in the 6th year.

Based on the explanation, since Sydney has worked for WillCo for the last 20 years, Sydney can diversify 50% of her WillCo stock.

5 0

3 years ago

A 30-year zero coupon bond with a face value of $5,000 is currently selling for $1,156.88 and has a market rate of interest of 5

daser333 [38]

Answer:

Price will increase by $277.58

Explanation:

Market rate of Interest of a zero coupon bond can be determined by following formula

Market Rate of Interest = [ ( F / P )^(1/30) ] - 1

4.25% = [ ( $5000 / P )^(1/30) ] - 1

0.0425 + 1 = ( $5000 / P )^1/30

( 1.0425 )^30 = (( $5000 / P )^1/30)^30

3.4856 = $5000 / P

P = $5,000 / 3.4856

P = $1,434.46

Now Calculate the change in Price

Change in price = $1,434.46 - $1,156.88 = $277.58

Price will increase by $277.58

5 0

3 years ago

Adam was found to have used his license to procure insurance for relatives and it was also discovered that he was issuing rebate

Temka [501]

Adam's license will be suspended or revoked. It's because he was determined to have used his license to obtain insurance for family members and because it was found that he was giving insureds rebates.

After being found guilty of a significant traffic infraction, failing a road test, or providing false information on a government form, a license is frequently cancelled. One of the best rights is the ability to drive, therefore it's critical to understand whether your license is suspended or revoked as well as your options if it is. An "Administrative Review Suspension" is a unique classification of suspension used in several jurisdictions. This is given to persons whose medical conditions make it risky for them to operate a motor vehicle. Before relieving the suspension, the DMV may occasionally require written confirmation from the physician.

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4 0

2 years ago