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Thepotemich [5.8K]
2 years ago
14

Any object or objects that a group of people use to buy and sell goods and services is called: Group of answer choices capital a

countertrade money revenue an earned deposit
Business
1 answer:
Ivan2 years ago
6 0

When people are able to use a certain object or objects to buy and sell goods and services, this is called Money.

<h3>What is money?</h3>

Simply put, money is a medium of exchange that allows people to exchange goods and services such that both parities to a transactions feel they got a fair deal.

This means that money can be anything ranging from hard currency, to other goods and services. For instance, if you used an apple to buy another apple, the first apple is money.

In conclusion, an object that allows people to trade for other goods and services is called Money.

Find out more on the purposes of money at brainly.com/question/3182649

#SPJ1

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Which of the following is true of the Discount on Bonds Payable account? The bonds are due inten years.A) It is subtracted from
Aliun [14]

Answer:

A) It is subtracted from the Bonds Payable balance and shown with long-term liabilities on the balance sheet

Explanation:

The discount on Bonds payable, as their name implies, decrease the Bonds Payable carrying value. A bond with discounts, was issued at a lower price than his face value. The discount on bonds represent that difference.

It takes amortization while the time past, until at maturity, their balance is zero, to represent the reality, the obligation for the company is for the face value, so the carrying value of bonds payable should equal the face value.

Last, because the bonds are due in ten-year their place is the long-term liabilities. As their obligation are not within the 12 month period to qualify as short-term

8 0
3 years ago
" what demographic and psychographic changes are creating business opportunities for new ventures
kkurt [141]
A major one is the increase in globalization.

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4 0
3 years ago
Pioneering advertisements would most likely be used during which stage of the product life cycle?
abruzzese [7]

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(1) introduction

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Pioneering advertising creates consumers awareness about the availability of a totally new product as well as explaining its use.

3 0
4 years ago
Johnson Enterprises uses a computer to handle its sales invoices. Lately, business has been so good that it takes an extra 3 hou
Masteriza [31]

Answer:

The incremental cost is ($10,360)

Explanation:

<u>Analysis of total cost over the 5 year period</u>

                                                      Retain Old Machine   Buy New Machine

<em>Variable / Incremental Operating</em>

<em>Costs</em>

Old Machine                                          124,750    

New Machine                                                                              97,800

<em>Old Machine Book Value</em>

Retain: Annual depreciation                    8,430                      

Buy : Lump sum written off                                                         8,430

Old Machine Disposal                                                                (8,490)

Purchase Cost of New Machine                                               25,080

Total Cost                                               133,180                       122,820

The use of new machine will result in lower cost for the next 5 years.The incremental cost is ($10,360)

8 0
3 years ago
Identify which of the following would generate an increase in the market demand for tablet devices, which are a normal good.
seraphim [82]

Answer:

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6 0
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