Dang I used to know this but I completely forgot I will try to answer if it comes back to me
Answer:
The correct option is A
Explanation:
Under the Article 3 of the UCC (stands for Uniform Commercial Code), with few modifications, that govern or regulate the negotiable instruments.
The UCC describe the negotiable instrument as the instrument which is in writing as well as unconditioned promise or an orders of making a payment of the fixed amount of money on a particular date.
So, the negotiable instruments are the promissory notes, checks, COD (Certificate of Deposit) and drafts.
Answer:
COGS= $158.4
Explanation:
Giving the following information:
August 2: 10 units were purchased at $12 per unit
August 18: 15 units were purchased at $14 per unit
August 29: 12 units were sold.
First, we need to calculate the weighted-average purchasing price:
weighted-average purchasing price= [(10*12) + (15*14)]/25
weighted-average purchasing price= $13.2
COGS= 12*13.2= $158.4
B. Inflation
Inflation is when a country prints too much money, therefore decreasing the value of the currency.
