<span>In an economy that relies on barter, there is no item in the economy that is widely accepted in exchange for goods and services. Money is not used in a bartering system. Goods are exchanged for goods, and services are exchanged for services.</span>
Answer:
b. Speedyland will double its GDP 21 years quicker than Slowland.
Explanation:
According to the rule of 70, it tells about the number of years to double
For Slowlands
= 70 ÷ 2
= 35
For speedyland
= 70 ÷ 5
= 14
So if we take the difference than it comes
= 35 - 14
= 21
Hence, the correct option is b and the same is to be considered
And all other options are wrong
Answer:
9
Explanation:
In word problems, “as many times as” can be translated into multiplication.
If Molly plants 1.5 times as my pink flowers as white flowers, we would multiply 1.5*(number of white flowers) to find out the number of pink flowers.
Because the question tells us there are 6 white flowers, we multiply 1.5*6, which equals 9.
I hope this helps!
Answer:
$22
Explanation:
Total common equity = $2,050,000
Net income = $250,000
Dividends = $100,000
Stock outstanding = 100,000 shares
Book value per share:
= (Beginning common equity + Net income - Dividend) ÷ Number of shares
= ($2,050,000 + $250,000 - $100,000) ÷ 100,000
= $2,200,000 ÷ 100,000
= $22
Hence, the ending book value per share is $22.
Answer:
The range of transfer price is $42 to $53
Explanation:
The rationale behind the recommended transfer price is that Division B cannot sell below the variable cost of $42. Division B cannot also sell above the prevailing market price of $53. The negotiation between the two divisions ranges between $42 and $53.
