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Usimov [2.4K]
3 years ago
5

Over the course of a year, Retail Market, Inc., sells goods from its inventory and one of its warehouses. In exchange, Retail re

ceives checks and other items that substitute for cash, which Retail uses to repay a loan from Savers Bank. Article 2 of the UCC governsa. the checks.b. the payment of the loan.c. the sale of the buildings.d. the sale of the goods.
Business
1 answer:
maria [59]3 years ago
5 0

Answer:

The answer is: D) The sale of the goods.

Explanation:

Article 2 of the Uniform Commercial Code (UCC) governs contracts for the sales of goods. Goods are defined as movable property. Usually the sales of services are not included in Article 2, unless the transaction includes the sales of goods. The sales of intangible assets is not included either.

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<h3>Hello there!</h3>

Your question asks what would be the current stock price.

<h3>Answer: D). $33.50</h3>

In order to find the solution to your question, we're going to need to find how much growth the stock made in 3 years, and see how much it grew by 6% after the 3 years. WE also need to calculate the "rs" into the stock price.

Lets solve:

D = Dividend

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Once you're done solving, you should get 33.58. Since it's not an answer choice, we'll just choose the one that's close to it.

Therefore, you should get the answer D). $33.50

Answer choice D). $33.50 should be your FINAL answer.

<h3>I hope this helps!</h3><h3>Best regards, MasterInvestor</h3>
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