Answer:
The correct answer is letter "A": sometimes imposes a higher standard of behavior on merchants than non-merchants.
Explanation:
The Uniform Commercial Code or UCC is a set of rules regulating transactions and contracts mainly of the banking industry or individuals or entities making businesses outside their home state. The UCC has oversight on checks, drafts, letters of credit, investment securities, bank deposits, and sales of goods, but real estate.
<em>The UCC tends to weigh the knowledge of merchants and non-merchants. The UCC considers merchants are at relatively advantage compared to non-merchants while offering products or services because buyers are prone to look for professional sellers. Therefore, the UCC imposes higher behavior standards for merchants than non-merchants.</em>
Answer:
Explanation:
you have to do t with someone to understand it
Answer:
$79,421
$12,151.413
Step by Step Explanation:
The self-employment taxable income is 92.35% of net earnings. While the tax rate for self-employment tax liability is 15.3% for year 2019
Schedule C net earnings: $86,000
Self-employment taxable income rate: 92.35%
Self-employment taxable income= 92.35%×86,000
=$79,421
Self-employment taxable income: $79,421
Self-employment tax rate: 15.3%
self-employment tax liability=
Self-employment taxable income×Self-employment tax rate
$79,421×15.3% =$ 12,151.413
Answer:
a.) $841,635.85
Explanation:
The value of the Treasury note is the present value of its future cash flows, its semiannual coupon payments and the face value receivable by the investors in the T-note at maturity.
Semiannual coupon=face value*coupon rate*6/12
face value=$1,000,000
coupon rate=6%
semiannual coupon=$1,000,000*6%*6/12
semiannual coupon=$30,000( there would 8 semiannual coupons in 4 years)
The present value of the cash flows can be determined using a financial calculator bearing in mind that the calculator would be set to its default end mode before making the following inputs:
N=8(semiannual coupons)
PMT=30000(amount of each semiannual coupon)
I/Y=5.50%(semiannual yield to maturity=11.00%*6/12)
FV=1000000(the face value of T-note)
CPT
PV=$841,635.85
Answer:
d. $6.50
Explanation:
In this question, we apply the direct material price variance which is shown below:
Direct material price variance = Actual Quantity × (Standard Price - Actual Price)
$3,765 = 7,530 gallons × ($7 - actual price)
$3,765 ÷ 7,530 gallons = ($7 - actual price)
$0.5 = ($7 - actual price)
So, the actual price would be
= $7 - $0.5
= $6.50
All other information which is given is not relevant. Hence, ignored it