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LenaWriter [7]
3 years ago
9

Which of the following contract subject matters would not be covered under the UCC?

Business
1 answer:
melomori [17]3 years ago
4 0

Answer:

Correct option is (c)

Explanation:

UCC is the abbreviation for Uniform commercial code that has been established for the purpose of sale of personal as well as business property.

Artcle 2 under UCC deals with sales and leases. As per this, any item identified as a good that is movable at the time of sale is considered subject matter of contract. So mobile house is covered under this article. Lot, however, is a single unit which is considered as a separate item for sale and cannot be combined with mobile home under UCC.

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Given the following information, calculate the capitalization rate for the following apartment complex:
RSB [31]

Answer:

Collections per month  = 11,250

Monthly rate = 0.0066

Annual rate = 8.1%

Explanation:

Calculations of capitalization rate for the following apartment complex are as follows:

Collections per month is calculated as = 1000*15*(1 - 0.10-0.05-0.10) = 11,250

Monthly rate is calculated as= 11,250/1,710,000 = 0.0066

Annual rate is calcuated as = (1 + 0.0066)^12 - 1 = 8.1%.

Hence ,Collections per month are 11,250  ,Monthly rate is 0.0066  and annual rate is 8.1%

8 0
3 years ago
current challenges in operations management include all of the following​ except: part 2 a. rapid product development. b. lean o
Ghella [55]

Out of the choices provided above, it can be said that the current challenges in operations management include all of the following​ except increased communication cost. Therefore, the option C holds true.

<h3>What is the significance of communication costs?</h3>

Communication costs can be referred to or considered as the costs incurred by an organization to spread awareness and convey the message of achieving efficiency in the management, especially related to the operations of an organization.

Therefore, the option C holds true and states regarding the significance of communication costs.

Learn more about communication costs here:

brainly.com/question/2180772

#SPJ4

4 0
2 years ago
The Doodad Company purchases a machine for $440,000. The machine has an estimated residual value of $40,000. The company expects
jonny [76]

Answer:

d. $35,000

Explanation:

For computing the depreciation expense we need to first calculate the depreciation per unit which is shown below:

= (Original cost - residual value) ÷ (estimated production units)

= ($440,000 - $40,000) ÷ (8,000,000)

= ($400,000) ÷ (8,000,000)

= $0.05 per unit

Now the depreciation expense is

= Production units  × depreciation per bolts

= 700,000 units × $0.05

= $35,000

We simply applied the above formulas

4 0
4 years ago
I will mark you as brainliest if you know what it is
jolli1 [7]
Public and private sector?
8 0
3 years ago
Used office supplies of $4,940. The Office Supplies unadjusted balance on December 31 is $9,200. Adjustment Type: Supplies Expen
stiks02 [169]

Answer:

Deferrals / Prepaid  

              Supplies Expense

Date        Debit        Credit      Date

31-Dec    $4,940

Balance $4,940

                 Office Supplies

Date        Debit        Credit      Date

31-Dec    $9,200      $4,940    31-Dec

Balance  $4,260

7 0
3 years ago
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