X entrusts goods to Y for storage. Y delivers the goods to a carrier, obtains a bill of lading, transfers it to Z and leaves with the money. X may reclaim the goods:
a. always. He is the owner of the goods.
b. if the bill of lading was nonnegotiable.
c. if Z is a good faith purchaser only.
d. if he can prove he is the owner of the goods.
b
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A business accepts a 12 percent, $19,000 note due in three years. Assuming simple interest, how much will the business receive when the note falls due?
a. $21,280 b. $25,840 c. $23,560 d. $19,000
A company is considering investing in a project that is expected to return $450,000 five years from now. How much is the company willing to pay for this investment if the company requires a 10% return? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use
appropriate factor(s) from the tables provided.) A. $450,000 B. $322,744 C. $279,405 D. $194,661 E. $112,586
A company's employer payroll tax rates are 0.6% for federal unemployment taxes, 5.4% for state unemployment taxes, 6.2% for FICA social security taxes on earnings up to $127,200, and 1.45% for FICA Medicare taxes on all earnings. Compute the W-2 Wage and Tax Statement information required below for the following employees:EmployeeGross EarningsFederal Income Taxes WithheldA. Baylor $114,000 $17,600C. Jasmine 52,000 8,200A. BaylorC. JasmineW-2 Information: ________________Federal Income Tax Withheld…………..________________Wages, Tips, Other Compensation……...________________Social Security Tax Withheld…………...________________Social Security Wages…………………..________________Medicare Tax
Withheld…………………________________Medicare Wages…………………………________________ What will be an ideal response?
In the simple linear regression model, the y-intercept represents the:
A. change in y per unit change in x. B. change in x per unit change in y. C. value of y when x = 0. D. value of x when y = 0.