Answer:
The explanation is given below:
Explanation:
According to this situation it can be defined as
Pursuant to U.C.C. § 3-203, transfer of instrument is when an instrument is delivered by a person other than an issuer for the purpose of giving to a receiver the right to enforce the instrument. The transfer vests in a transferee the transferor's right to enforce the instrument. The rights include the right as a holder in due course. However, the transferee cannot acquire rights of a holder in due course by a transfer, directly or indirectly, from a holder in due course if the transferee engaged in fraud or illegality affecting the instrument. When an instrument is transferred for value , a transferee does not become a holder because of lack of indorsement. Moreover, when a transferor purports to transfer less than the entire instrument, the negotiation of the instrument does not occur.
The best response of Fannie mae’s to this argument is because Becky Smith signed a note and she cannot own that property as the note was in country home loans name and he defaulted payment under that law.
Answer:
the transaction is complete and the goods or services are delivered.
Explanation:
According to generally accepted accounting principles (GAAP), the revenue should be recognized when the goods or services are delivered and the transaction is completed in all respects.
The revenue recognition principle applies when the revenue is realized or earned whether cash is received or not plus it also follows the accrual basis of accounting. Here, realizable means that customer received the product but the payment is made at the later date
Given the situation described above, Alma will be able to cast <u>50 votes</u>.
This is because common stock gives voting rights to shareholders. And given that Alma has 50 shares of common stocks. Therefore, he would be able to cast 50 votes.
On the other hand, preferred stocks give no voting rights to shareholders.
However, preferred shareholders have preference over a company's revenue or earnings, which implies that they are paid dividends before common shareholders.
Hence, in this case, it is concluded that the correct answer is "50 votes."
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The standard deviation of sample equals: 11
Explanation:
Given:
variance of sample (
) = 121
no, of observations made = 441
standard deviation = ?
By using the formula:
Standard deviation (S) = 
= 
= 
= 11
Hence the standard deviation is equal to 11.
Answer:
Cost of retained earnings = 0.13
Explanation:
given data
(D1) = $1.80
current price = $36
growth rate = 9 percent
solution
we get here Cost of retained earnings (Ke) that is express as
Cost of retained earnings = ( D1 ÷ P ) + g ................1
here P is price and g is growth rate
put here value and we get
Cost of retained earnings = (1.80 ÷ 36 ) + 0.08
Cost of retained earnings = 0.13