Article 2 of the Uniform Commercial Code (UCC) prescribes a set of uniform rules for the creation and enforcement of contracts for the sale of goods
Indicate whether the statement is true or false
TRUE
Business
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Orange Company purchased equipment on July 1 for $28,500 and decided to depreciate the equipment on the straight-line method over its useful life of five years. Assuming the equipment's salvage value is $4,500, the amount of monthly depreciation expense Nelson should recognize is:
a. $2,400 b. $ 200 c. $4800 d. $400 e. $ 450
Business
Product development includes the generation, screening, and implementation of ideas.
a. true b. false
Business