Answer:
Hanna is correct.
Explanation:
The sale of the 2004 Dodge cannot be construed to be a sale of goods under the Uniform Commercial Code since this law covers sales of goods by merchants. Hanna cannot be said to be a merchant of 2004 Dodge as she is not known to be in the business for the purchase and sale of cars. Therefore, the case should be adjudicated under the common law. What has taken place in this instance is the exchange of a personal asset. Hanna cannot make a trading profit from the sale, but a capital gain. Rachel is not correct.
Answer:
the present value is $88,087.08
Explanation:
The computation of the present value is shown below:
As we know that
Future value = Present value × (1 + rate of interest)^number of years
$203,000 = Present value × (1 + 0.11)^8
So, the present value is $88,087.08
hence, the present value is $88,087.08
Answer:
c rose by 3 percent.
Explanation:
Real income is nominal income less price level changes.
Real income = nominal income - changes in price level
4.6 % - 1.6% = 3%
I hope my answer helps you
Answer:
A) March 31 journal entries for wages expense and wages payable
- Dr Salaries and Wages Expense account 64,000
- Cr FICA Taxes Payable account 4,896
- Cr Federal Income Tax Payable account 7,500
- Cr State Income Tax Payable account 3,100
- Cr Union Dues Payable account 400
- Cr Salaries and Wages Payable account 48,104
B) March 31 journal entries for company's payroll tax expenses
- Dr Payroll Tax Expense account 5,596
- Cr FICA Taxes Payable account 4,896
- Cr State Unemployment account 700
Answer:
A) . It is going to be a while before things get better in the United States.
Explanation: