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Artyom0805 [142]
3 years ago
12

Why can’t a guy just love me, I would give him cuddles , kissed in the forehead , call him baby/ sunshine , let him use my thigh

s as pillows LOL ( don’t ask ) would play video games with him 24/7 , go to theme parks and have so much fun! I only wish it was real :(
Business
1 answer:
egoroff_w [7]3 years ago
6 0

Answer:

Dont rush anything!

Explanation:

The person who is meant for you will come soon :)

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Under the Uniform Commercial Code (UCC), a warranty that arises when the seller is a merchant-dealer of the goods sold, that war
Vesna [10]

Answer:Implied Warranty of Merchantability

Explanation:An implied warranty for merchantability guarantees that a product will work as expected. If your oven can't maintain a stable temperature, it can't be relied upon to work properly and has violated the implied warranty of merchantability. Under the Uniform Commercial Code, adopted in some form in all states but Louisiana, this warranty applies to the goods of any merchant who regularly deals in the type of merchandise sold.

The warranty guarantees that the product sold will:

Pass without objection in the trade

Be of uniform quality and quantity

Be fit for its ordinary purposes

Be adequately packaged and labeled

Conform to its labels.

6 0
3 years ago
A company factored $45,000 of its accounts receivable and was charged a 3% factoring fee. The journal entry to record this trans
Nataly [62]

Answer:

C. Debit to Cash of $43,650, a Debit to Factoring Fee Expense of $1,350, and Credit to Account Receivable of $45,000

Explanation:

Assuming the company factored the amount of $45,000 of its ACCOUNTS RECEIVABLE and was charged a 3% FACTORING FEE. The appropriate journal entry to record this transaction would include a:Debit to Cash of $43,650, a Debit to Factoring Fee Expense of $1,350, and Credit to Account Receivable of $45,000

Debit Cash $43,650

(97*$45,000)

Debit Factoring Fee Expense of $1,350

($3%*45,000)

Credit Account Receivable $45,000

6 0
3 years ago
Bennett Co. has a potential new project that is expected to generate annual revenues of $260,300, with variable costs of $143,20
patriot [66]

Answer:

$45,340

Explanation:

Calculation to determine the annual operating cash flow

Sale $260,300

Less: Operating Cost $143,200

Contribution $117,100

($260,300-$143,200)

Less: Fixed Cost $60,700

Less: Depreciation as per table given below $24,800

Profit before tax $31,600

($117,100-$60,700-$24,800)

Tax $11,060

($34%$31,600)

Profit After Tax $20,540

($31,600-$11,060)

Add Depreciation $24,800

Cash Profit After tax $45,340

($20,540+$24,800)

Therefore the annual operating cash flow is $45,340

3 0
3 years ago
Beautiful Watches has two product lines: Luxury watches and Sporty watches. Income statement data for the most recent year follo
mr_godi [17]

Answer:

Option (A) is the correct answer to this question.

Explanation:

The cessation of the Sporty line would forfeit the profits produced by the Sporty line business, but the business (Beautiful Watches) will have to bear the $38,000 fixed expenses involved by Spotify Watches.

However, if production continued, the Sporty watches would have suffered a loss of $32,000. The company will bear fixed costs regardless of whether the company continues or discontinues the Sporty line market.

Accordingly, the gross operating profits should have been

= Total operating expenses -  ( $ 38000 - $ 32000)  

= $ 55000 - ( $ 38000 - $ 32000)

= $ 55000 - $ 6000

= $ 49000

There is also a fall of $6000 ($55000-$49000) in operating profits.

Other options are incorrect because they are not related to the given scenario.

7 0
3 years ago
You are considering the purchase of an industrial warehouse. The purchase price is $1 million. You expect to hold the property f
Oliga [24]

Answer:

A. Cap rate = Debt Service/Current market price of asset

= $70,000/$1,000,000 * 100

= 7%

B. Debt coverage ratio = Net Operating Income/Debt Service

= $108,000/$70,000

= 1.54

C. The largest loan that can be obtained (other terms held constant) if the lender requires a debt service coverage ratio of at least 1.2 is:

= ($70,000 * 1.2)/10%

= $840,000

Explanation:

a) Data and Calculations:

Purchase price of the industrial warehouse = $1 million

Loan to finance acquisition = $700,000

Interest rate = 10%

Term of loan = 30 years

Type of loan repayment = interest-only payments

Annual debt service = $70,000 ($700,000 * 10%)

Effective gross income  $135,000

Operating expenses         27,000

Net Operating Income  $108,000

8 0
3 years ago
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