Which of the following warranties applies to all sellers?
A) warranty of merchantability
B) warranty of title
C) warranty against infringement
D)warranty of fitness for normal use
B
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On December 1, 2019, Delilah borrows $2,000 from her credit union to use in her business. Under the terms of the contract, Delilah actually receives $1,940 but is required to repay $2,000 in three months.a.What amount may Delilah deduct as interest expense in 2019 and in 2020 if she is a cash-basis taxpayer?b.What amount may Delilah deduct as interest expense in 2019 and in 2020 if she is an accrual-basis taxpayer?
What will be an ideal response?
Your corporation has a marginal tax rate of 35% and has purchased preferred stock in another company. The before-tax dividend yield on the preferred stock is 8.75%. What is the company's after-tax return on the preferred, assuming a 70% dividend exclusion? (Round your final answer to two decimal places.)
A. 9.63% B. 7.83% C. 5.95% D. 7.20% E. 9.55%
Empirical studies show that the Fisher Effect works best for short-term securities
Indicate whether the statement is true or false.
Systems development life cycle (SDLC) develops the entire system at once, whereas extreme programming (XP) uses incremental steps to improve an information system's quality
Indicate whether the statement is true or false