According to the hierarchy of effects model, after preference comes:

Ellis Retail is considering an investment in a delivery truck. Ellis has found a used truck that he can purchase for $8,000 . He estimates the truck would last six years and increase his store's net cash revenues by $2,000 per year. At the end of six years, the truck would have no salvage value and would be discarded. Ellis will depreciate the truck using the straight-line method. Refer to Ellis

Retail. What is the payback period on the investment in the new truck? a. 12 years b. 6 years c. 4 years d. 2 years

Dependable Appliances, Inc, and Elaine enter into a contract for a sale of kitchen appliances. Dependable, a merchant who deals in goods of the kind sold, notes that its goods come with an implied warranty of merchantability. Under the UCC, this means that the goods are reasonably A) fit for the buyer's particular purpose

B) fit for the ordinary purpose for which such goods are used. C) suitable for resale at an acceptable price. D) the best quality that money can buy.