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1 year ago

do you think bitcoin or another cyber currency will replace existing traditional currency? why or why not?

1 answer:

8 0

Cryptocurrencies have rapidly increased in value, utility, and appeal since they were made widely available in 2009. Investors are interested in some of them since many retailers and business owners see them as viable options for generating returns and increasing store value. Governments are attempting to determine how to impose taxes and control them.

At the start of the cryptocurrency boom, Bitcoin appeared to be without a rival. Market capitalization for the sector was dominated by Bitcoin until, in a matter of weeks, Ethereum, Ripple, and other currencies sprinted to overtake it.

Although Bitcoin remains the market leader, some analysts are questioning whether cryptocurrencies are actually currencies in light of the industry's rapid growth. Some believe that even more significant changes may be on the horizon. the hypothesis that cryptocurrencies might eventually completely replace the money.

With its programmability and adaptability, Ethereum, a component of the blockchain ecosystem, offered not just a cryptocurrency but a wide range of use cases. Companies and entrepreneurs are leveraging it to develop new goods, technologies, and services.

The Ethereum blockchain and ecosystem provide the foundation for the decentralization of money as well as the developing "metaverse," which has the potential to unite our digital and physical selves.

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The purpose of the debt covenant that requires maintaining a minimum level of net working capital is to ________.A) protect the

erma4kov [3.2K]

Answer:

Answer is option C i.e. ensure a cash shortage does not cause an inability to meet current obligations.

Explanation:

Debt covenants can be understood as an agreement between the lenders and the borrower. There are certain terms that are to be considered by the parties of the agreement. One such term is the maintenance of a minimum level of net working capital so that when a company/organization that has borrowed the money runs bankrupt can meet its obligation to pay back the required amount to the lender on time. Therefore, maintenance of a minimum level of net working capital is to ensure that the cash shortage does not cause an inability to meet current obligations.

7 0

3 years ago

Which distribution channel is a small manufacturer of specialty wood gift products sold to gift shops most likely to use? Assume

lianna [129]

Answer:

C, producer to agent to retailer

Explanation:

For a small manufacturer that cannot afford its own sales force, the best channel or chain of distribution is for the manufacturer to send his products to an agent then the agent sells the retailers.

The agent in this case has the sales force to distribute products which the manufacturer can't afford. This means that the manufacturer is most likely going to cut a deal with the agent as to how much will be remmited or how much the products would be sold to him and then he can pass it on to retailers for an added price.

All of these helps both the manufacturer, agent and retailer make profitsas well as ensure smooth and continuos distribution of products.

Cheers.

6 0

3 years ago

which reason for holding inventory is exemplified when a firm builds up stock because they anticipate rising profit levels in th

Natali [406]

The expenses incurred for keeping goods or inventory in a warehouse are known as inventory holding costs.

<h3 /><h3>What is inventory holding cost?</h3>

The expenses incurred for keeping goods or inventory in a warehouse are known as inventory holding costs.
Inventory that is kept on hand is a liability that reduces profit margins and raises operating costs for firms.
Inventory holding expenses include rent for the facility, security fees, depreciation costs, and insurance.
To reduce stock-out costs, merchandise is kept on hand.
To ensure that no consumer leaves empty-handed, all businesses must forecast the demand for their products and maintain inventories of raw materials, finished goods, work-in-progress, and consumables.
Within a single supply chain, inventory holding costs are computed as a portion of the overall inventory costs.
Storage, insurance, labor, transportation, depreciation, shrinkage of the inventory, spoilage of the inventory, obsolescence, and opportunity costs are some of the costs.

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5 0

1 year ago

Four ways in which the kruger national park combats rhino poaching

alina1380 [7]

As I remember it correctly four strategies <span>in which the kruger national park combats rhino poaching sound like that:
*Restricted trade in rhino horn;
*Unrestricted trade in rhino horn;
*Status Quo;
*Demand reduction.</span>

5 0

3 years ago

Shamrock Company's accounts receivable arising from sales to customers amounted to $142000 and $124000 at the beginning and end

aleksandr82 [10.1K]

Answer:

$557,000

Explanation:

Operating activities: It includes those transactions which affect the working capital. It means that the increase in current assets and a decrease in current liabilities would be deducted and a Decrease in current assets and an increase in current liabilities would be added.

The computation is shown below:

= Income reported on the income statement + decrease in account receivable

= $539,000 + $18,000

= $557,000

The decrease in account receivable

= $142,000 in beginning of the year - $124,000 in end of the year

= $18,000

8 0

3 years ago