In particular, Article 2 of the Uniform Commercial Code creates warranties of merchantability, fitness for a particular purpose, and non-infringement in contracts for the sale of goods. [1] These implied warranties significantly expand the seller's exposure for potential liabilities to the buyer.
Answer:
The best answer would be 1. the minimum level of cash to be kept in a checking account.
Explanation:
A Working capital management refers to the efforts of the management towards effective management of current assets and current liabilities. It ensures profitability and overall financial health for businesses.
Answer:
The correct answer is C
Explanation:
Closing entry is defined as the journal entry which is passed or made the end of the accounting period or year, which involves shifting of the data from the temporary accounts on the income statement to the permanent accounts on the balance sheet of the company.
The third closing entry which is to be recorded is as:
Income Summary A/c................................Dr $11,950
Capital A/c................................................Cr $11,950
Being the closing entry has been recorded
Working Note:
Amount = $69,700 - $57,750
= $11,950
Answer: 15,500
Explanation:
From the question, we are informed that Belkin co provides medical care and insurance benefits to its retireees in the current year Belkin agrees to contribute 5% of the employees 310000 gross salaries to a terirement program.
The amount of employee benefits expense for the current period will be calculated as:
= 5% × 310,000
= 5/100 × 310,000
= 0.05 × 310,000
= 15,500
Answer:
(B) on the hard drive of the visitor's computer.
Explanation:
Cookies are the information stored on your computer by a website you visit. They are usually small text files, given ID tags that are stored on your computer's browser directory or program data subfolders on the hard drive of your computer.
Cookies are created when you use your browser to visit a website that uses cookies to keep track of your movements within the site, help you resume where you left off, remember your registered login, theme selection, preferences, and other customization functions. This allows the site to present you with information customized to fit your needs.
And by default, the activities of storing and sending cookies are invisible to you. You can however, change your settings to allow you to approve or deny cookie storage requests, delete stored cookies automatically when you close your browser.