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Bas_tet [7]
3 years ago
14

Pratt, an owner of an appliance store, has a garage sale at his home where he sells old furniture and books. He sells a set of b

ooks to his neighbor, Stacey. Pratt is considered a merchant under Article 2 of the UCC in selling the books to Stacey.
A) True
B) False
Business
1 answer:
ELEN [110]3 years ago
8 0

Answer:

false

Explanation:

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just paid an annual dividend of $3.00 per share last year. Management just announced that future dividends will increase by 2 pe
Misha Larkins [42]

Answer: $3.31

Explanation:

Dividends will increase by 2% so using a future value formula would show the amount of dividends in year 5.

= 3 * ( 1 + 2%)⁵

= 3 * 1.1040808032‬

= ‭3.3122424096‬

= $3.31

7 0
2 years ago
At the end of the current year, using the aging of receivable method, management estimated that $18,000 of the accounts receivab
guapka [62]

Answer:

Dr Bad Debt Expense $18,450

Cr Allowance for Doubtful Accounts

$18,450

Explanation:

Preparation of the appropiate adjusting journal entry that the company should make at the end of the current year to record its estimated bad debts expense

Dr Bad Debt Expense $18,450

Cr Allowance for Doubtful Accounts

$18,450

($18,000+Debit balance$450)

(Being to record estimated bad debts expense)

5 0
2 years ago
Josiah emptied his piggy bank and discovered he had 35 coins consisting of dimes and nickels. If the total amount of money he ha
anastassius [24]

Answer:

d+n=35\\0.10d+0.05n=3.30

Explanation:

Multiple Choices aren't given, so I will just solve this.

Josiah had "d" dimes and "n" nickels.

There are a total of 35 coins, nickels and dimes.

The value of "d" dimes and "n" nickels is $3.30

Note: Value of nickels is 0.05 and dimes is 0.10 (in dollars)

The system of equations (2) we can use to solve this will be:

1) an equation involving total number of coins

2) an equation stating the value of each coin and total value

Equation 1:

d + n = 35

Equation 2:

0.10d+0.05n=3.30

These are the 2 equations that can be solved simulataneously to find the number of nickels and dimes.

4 0
3 years ago
Which program provides lump-sum compensation and health benefits for eligible Department of Energy nuclear weapons workers injur
pickupchik [31]

Answer: Energy Employees Occupational Illness Compensation Program (EECICP)

Explanation:

Much like private companies, the Federal government is also required to insure its workers and this is regulated under the Office of Workers' Compensation Programs (OWCP). There are several compensation programs but the relevant one here is the EECICP.

The EECICP is for federal employees in the Department of Energy as well as agencies related to them. This also includes contractors and subcontractors. Under this program, eligible workers who got injured are entitled to a lump-sum compensation as well as health benefits. If the worker dies as a result of the injuries however, a lump-sum might go to their survivors instead.

8 0
2 years ago
What is used to calculate the cost of living index
Elanso [62]

Explanation:

A cost-of-living index is a theoretical price index that measures relative cost of living over time or regions. It is an index that measures differences in the price of goods and services, and allows for substitutions with other items as prices vary.

7 0
2 years ago
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