Suppose parties to a contract that is under the UCC fail to specify some term. The UCC:
a. provides appropriate remedies for the breach created by that failure b. provides for a special master to arbitrate all open terms
c. supplies all necessary terms to complete any commercial contract
d. requires the terms to be completed before it recognizes a valid contract e. none of the other choices
e
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Harbor City Corporation's end-of-year balance sheet consisted of the following amounts: Cash $ 15,000 Accounts receivable $50,000 Property, plant, and equipment 70,000 Long-term debt 40,000 Capital stock 100,000 Accounts payable 20,000 Retained earnings ? Inventory 35,000 What amount should Harbor City report on its balance sheet for total assets?
a. $110,000 b. $155,000 c. $170,000 d. $190,000
Under the value-to-book model new projects will be less profitable only when
a. ROCE equals ROA b. ROCE equals RE c. ROCE is greater than RE d. ROCE is less than RE
When compound interest is used, interest accumulates less quickly than when simple interest is used
Indicate whether the statement is true or false
Describe power.
What will be an ideal response?