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Leviafan [203]
1 year ago
5

A mode of exchange that implies a specific location for the transactions to occur and allows or fosters the negotiation of price

-making is known as?
Business
1 answer:
Vesnalui [34]1 year ago
8 0

A mode of exchange that implies a specific location for the transactions to occur and allows or fosters the negotiation of price-making is known as a market exchange.

<h3>What is a Market?</h3>

This refers to the place or location where buying and selling of any commodity take place.

Hence, we can see that based on the fact that a mode of exchange that implies a specific location for the transactions to occur and allows or fosters the negotiation of price-making is known as a market exchange.

Read more about market here:

brainly.com/question/25754149

#SPJ4

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From 1960 until 2012, the long-run average rate of inflation in the united states was
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The average is about 3 percent I got to say thats good
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3 years ago
Which of the following should not be recorded in income and expenditure account?
kirill [66]

Answer:

C. honorarium paid to the secretary

Explanation:

6 0
3 years ago
A company issued 5-year, 7% bonds with a par value of $500,000. The market rate when the bonds were issued was 6.5%. The company
san4es73 [151]

Answer:

The correct answer is $17,000.

Explanation:

According to the scenario, the given data are as follows:

Bonds percent = 7%

Par value of bonds = $500,000

Market rate = 6.5%

Cash received = $505,000

So, we can calculate the amount of recorded interest for semiannual interest period by using following formula:

First we calculate the premium on bonds,

So, Premium on bonds = Cash received - Par value of bonds

= $505,000 - $500,000

= $5,000

So, straight line amortization = Premium on bonds ÷ years

= $5,000 ÷ 5

= $1,000

So, Amount of interest expense for first semiannual is as follows:

Amount of interest = ( Par value of bonds × Bonds percent ) ÷ 2 - (straight line amortization ÷ 2)

= ( $500,000 × 7% ) ÷ 2 - ( $1,000 ÷ 2 )

=  $17,500 - $500

= $17,000.

4 0
2 years ago
Last year, Bad Tattoo Co. had additions to retained earnings of $4,865 on sales of $95,805. The company had costs of $75,885, di
Dahasolnce [82]

Answer:

The depreciation expense is $5638.46 and the Addition to retained earnings is 4865

Explanation:

Solution

Given that:

Sales  = $95805

Less: Costs = $75885

Less depreciation expense ($95805 - $75,885 - 14281.54) = $5638.46

EBIT (12161.54 + 2120) = 14281.54

Less: Interest expense =2120

EBT (100%)(7905/0.65) = 12161.54

Less: tax at 35%(12161.54*35%) =4256.54

The Net income(65%) = 7905

The Less:dividends = 3040

Addition to retained earnings =4865

6 0
3 years ago
A supplier charges 15% interest on past-due amounts. Interest on a $512 account is $10.52. For how many days must the count have
labwork [276]

Answer:

For how many days must the count have been overdue assuming the supplier uses a 365-day year? 50 days

Explanation:

ACCOUNT         512  

% Interest           15%  

Annual interest 76,8  

   

 76,8         365

 10,52 x

   

X=50 days  

4 0
3 years ago
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