<span>In this case, George is performing analytical thinking. He is listening to what information is given to him and is analyzing each piece for its usefulness. He is determining what pieces of information are true and which are false or exaggerated.</span>
Answer:
Express warranty.
Explanation:
The uniform commercial code (UCC) is a set of standardized business laws which are put in place for the regulation of financial contracts and commercial transactions used across different states in the United States of America.
A warranty can be defined as a written promise or guarantee made by a manufacturer, lessor or seller about the identity or quality of goods and services or a property to a purchaser, promising him or her to repair or replace it if necessary within a specified time frame.
The Uniform Commercial Code ("UCC") posits that explicit, stated promises by a service provider or business as an express warranty.
An express warranty is typically considered to be an affirmative promise about the quality or characteristics of an item that is being sold to a buyer and as such it is binding and enforceable by law.
In this scenario, the Targus adjustable pedestal is designed to act as an adjustable stand for computer monitors. The reseller specifically states that the stand holds up to 100 pounds. This is an example of an express warranty.
When the dollar is worth less in relation to currencies of other countries, you are more likely to purchase American-made product.
<h3>How currencies are valued ?</h3>
Collective supply and demand determine the value of a currency. Numerous variables, such as interest rates, inflation, capital flows, and money supply, have an impact on supply and demand. Currency is most frequently valued using exchange rates.
<h3>What makes a currency more valuable?</h3>
When there is a high demand for a currency, it will appreciate in value. Conversely, when there is a low demand for a currency, it will depreciate in value.
A controlled floating exchange rate is what determines the current exchange rates between nations. With a managed floating exchange rate, each currency's value is influenced by the policies taken by its central bank or government in terms of the economy.
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Sally works for Timber Products, Inc. The basis for her contribution under the Federal Insurance Contribution Act to help pay for benefits that will partially make up for her loss of income on retirement is her annual wage base.
Answer: Option B
<u>Explanation:</u>
The contribution that Sally, who is working for Timber Products incorporation, has to make for federal insurance contribution act is based on the amount of wage that Sally gets on an annual basis or the wage that she gets in a year.
A part of that wage which is a particular percentage is paid to the federal insurance contribution act who is going to benefit her in case she incurs any kind of loss of income.
Answer:
The Journal entries are as follows:
(a) On August 2,
Stock Dividends A/c (1,500,000 × $70 × 4%) Dr. 4,200,000
To Stock dividend distributable (1,500,000 × $40 × 4%) 2,400,000
To Paid in Capital in excess of par- Common stock 1,800,000
(To record the stock dividend)
(b) On September 15,
No entry required
(c) On October 8,
Stock Dividend distributable A/c Dr. $2,400,000
To Common stock $2,400,000
(To record the stock dividend issued to stockholders)
