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3 years ago

Standard of living includes _____, which can be bought and sold.

1 answer:

const2013 [10]3 years ago

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Standard of living includes GROSS DOMESTIC PRODUCTS, which can be bought and sold.

GDP is one of the factors of standard living. However, it is not a strong indicator of the quality of life an individual is living.

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In early America, a traditional market structure existed when A) merchants purchased goods from England. B) farmers sold produce

defon

In early America, a traditional market structure existed when people bartered goods they produced for goods they needed.

Explanation:

Bartering is the mechanism between two entities without the use of cash in the exchange of trading products or services. When people trade, they are all benefited by receiving goods or services that they need or want.

Bartering does have a benefit as there is something that even people with no money could get for them. Bartering may include exchanging an object for a service.

For eg, in return for a tin of apples from either a tree in their yards you might agree to work for somebody. If you choose to trade for a need, you can save cash for other requirements.

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3 years ago

Read 2 more answers

A company received an order from a customer in June for services to be provided. Those services were provided in July, and the c

scZoUnD [109]

Answer:

B. July

Explanation:

The principle of revenue recognition arises whenever the income is realized or earned whether cash is collected or not and it also supports the accounting accrual basis. Realizable here means that the customer obtains the product however the payment is made afterward.

So, in the given case, the service is provided in the July month and the same is to be recorded on the July month

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3 years ago

A project has cash flows of −$161,900, $60,800, $62,300, and $75,000 for Years 0 to 3, respectively. The required rate of return

Degger [83]

Answer:

Therefore, the internal rate of return is lower than the expected return, for this the project must be rejected

Explanation:

Solution

Given that

The cash flow of a project consists of the following amount from year 0 to 3 = −$161,900, $60,800, $62,300, and $75,000

The rate of return required = 13%

Now,

Let the Internal rate of return be y%

Thus,

At internal rate of return, the value of present inflows is the same as the value of present outflows.

So,

Internal rate of return = Value of present inflows = Value of present outflows

=161900 =60800/1.0y +62300/1.0 y ^2 + 75000/ 1,0 y^3

Therefore, y = internal rate of return 10.41%

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2 years ago

What is primary socialization

Ostrovityanka [42]

Answer:

Primary socialization occurs early in a child's life and is primarily due to the influence of family and close friends. Through primary socialization, a child learns basic societal norms and customs. Toilet training is an example of primary socialization.

Explanation:

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2 years ago

a company has a retained earning statement that shows that it did not pay a dividend to shareholders last year. this may lead a

kumpel [21]

According to a company's retained earning statement, it did not distribute a dividend to shareholders last year. A potential investor might draw the conclusion from this that management might be concentrating on a growth strategy.

<h3>Enlist the types of dividend.</h3>

In general, a dividend is viewed as a cash payment made to the owners of firm stock.

Of all the dividend forms, cash dividends are by far the most prevalent. The board of directors decides to pay a certain dividend amount in cash to shareholders who held the company's stock on the day of declaration.

A stock dividend is the free distribution of common shares by a firm to its common shareholders.

Scrip dividends, which are effectively promissory notes (which may or may not include interest) to pay shareholders at a future date, are sometimes issued by companies that may not have enough cash on hand to pay dividends in the near future. A note payable is created by this dividend.

A liquidation dividend is declared when the board of directors wants to return the capital that shareholders initially invested as a dividend. This action could signal that the company will eventually close.

An organization may choose to distribute a non-cash dividend to investors rather than paying out in cash or stock. Record this distribution at the assets that were distributed's fair market value. The fair market value of the assets is probably going to differ significantly from their book value, thus the corporation will probably record the difference as a gain or loss. This accounting rule may occasionally cause a company to purposefully pay property dividends in an effort to change its reported and/or taxed income.

To know more about, dividend, visit :

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1 year ago