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Dima020 [189]
3 years ago
12

Under the UCC, a(n) ____ is a practice or method of dealing, regularly observed and followed in a place or vocation or trade. A.

course of dealing B. usage of trade C. course of performance D. integrated document
Business
1 answer:
UkoKoshka [18]3 years ago
5 0

Option B

Under the UCC, a(n) usage of trade is a practice or method of dealing, regularly observed and followed in a place or vocation or trade.

<u>Explanation:</u>

Under section 2 of the Uniform Commercial Code, usage of trade is frequently employed to assist in rendering deals and to present terms distinct purposes.

A usage of trade in a manner or process of distributing ought such consistency of practice in a place, employment, or commerce to sustain an expectation that it will be perceived concerning the transaction. Proof of a usage of trade may be possible as improving the express terms of an argued contract when it does not disclaim them.

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You have a choice among three options. Option 1: receive $900 immediately. Option 2: receive $1,200 one year from now. Option 3:
vovangra [49]

Answer:

Option 2

Option 3

Option 1

Explanation:

Present value is the sum of discounted cash flows.

Present value can be calculated using a financial calculator

Present value of option 1 = $900

For option 2 :

Cash flow in year 1 = $1200

I = 15%

Present value = $1,043.48

For option 3 :

Cash flow each year from year 1 to 4 = 0

Cash flow in year 5 = $2000

I = 15%

Present value =$ 994.35

From the above figures, option 2 has the highest present value, followed by option 3 and then option 1.

To find the PV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

8 0
3 years ago
Bonds with a face amount of $1,000,000 are sold at 106. The journal entry to record the issuance is:
Blababa [14]

Answer:

b) Cash 1,060,000; Premium on Bonds Payable 60,000; Bonds Payable 1,000,000

4 0
3 years ago
Private solutions to correct for externalities Consider the following scenario: Suppose that a chicken farm uses a nearby stream
Firdavs [7]

Answer:

D

Explanation:

The activities of the chicken firm constitutes a negative externality to the environment

A good has negative externality if the costs to third parties not involved in production is greater than the benefits. an example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced. Government can discourage the production of activities that generate negative externality by taxation. Taxation increases the cost of production and therefore discourages overproduction. Tax levied on externality is known as Pigouvian tax.

Government can regulate the amount of externality produced by placing an upper limit on the amount of negative externality permissible

Coase theorem has been proposed as a solution to externality. According to this theory, when there are conflicting property rights, bargaining between parties involved can lead to an efficient outcome only if the bargaining cost is low

Another solution to negative externality is through the activities of charities. Charities can raise donations to limit or regulate the activities of firms that constitutes a negative externality. This is the solution employed here.

3 0
3 years ago
Which method of project selection gives consideration to the time value of money in a capital budgeting decision?
alexandr1967 [171]

Answer:

D. Discounted cash flows method.

Explanation:

The discounted cash flow method is the method in which it discounted all the cash flows to their their present value

Also it provides the consideration with respect to the times value of money while taking decision related to capital budgeting

hence, the correct option is D

And all the other options are incorrect

7 0
3 years ago
Next year Jenkins Traders will pay a dividend of $3.00. It expects to increase its dividend by $0.25 in each of the following th
allsm [11]

Answer:

Present value = $9.7150 rounded off to $9.72

Explanation:

Using the dividend discount model, we calculate the price of the stock today. It values the stock based on the present value of the expected future dividends from the stock. To calculate the present value of the next four dividends, we will use the following formula,

Present value = D1 / (1+r)  +  D2 / (1+r)^2  +  D3 / (1+r)^3  +  D4 / (1+r)^4

Where,

  • r is the required rate of return

Present value = 3 / (1+0.14)  +  (3+0.25) / (1+0.14)^2  +  

(3+0.25+0.25) / (1+0.14)^3  +  (3+0.25+0.25+0.25) / (1+0.14)^4

Present value = $9.7150 rounded off to $9.72

4 0
3 years ago
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