The Uniform Commercial Code (UCC) was designed to:

a. prevent copyright violations
b. increase the number of inventions patented by U.S. inventors c. promote intra-state trade
d. promote inter-state trade
e. none of the other choices are correct


e

Business

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Which of the following financial statements is concerned with the enterprise at a point in time?

a. Statement of retained earnings b. Income statement c. Statement of cash flows d. Balance sheet

Business

Objectives in the marketing planning process is based on the organization's mission and

competitive advantage. Indicate whether the statement is true or false

Business

In the Vasquez Corporation, any overapplied or underapplied manufacturing overhead is closed out to Cost of Goods Sold. Last year, the Corporation incurred $27,000 in actual manufacturing overhead cost, and applied $29,000 of manufacturing overhead cost to jobs. The beginning and ending balances of Finished Goods were equal, and the Corporation's Cost of Goods Manufactured for the year totaled $71,000. Given this information, Cost of Goods Sold, after adjustment for any overapplied or underapplied manufacturing overhead, for the year must have been:

A. $69,000 B. $71,000 C. $98,000 D. $73,000

Business

How long will it take for an investment that is growing 15% per year to double in value?

Fill in the blank(s) with the appropriate word(s).

Business