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3 years ago

When money is used to compare the relative price of a burrito and a taco, money is being used as a

Business

2 answers:

Dafna1 [17]3 years ago

4 0

Answer: B) unit of Account

Explanation:A unit of account in financial accounting refers to the words that are used to describe the specific assets and liabilities that are reported in financial statements rather than the units used to measure them. Unit of account in economics allows a somewhat meaningful interpretation of prices, costs, and profits, so that an entity can monitor its own performance. It allows shareholders to make sense of its past performance and have an idea of its future profitability.

zalisa [80]3 years ago

4 0

Answer:

B) unit of account

Explanation:

The main functions of money are:

Medium of exchange : money is widely accepted and used to exchange goods or services
Unit of account : money serves as a basis to compare the value of goods or services
Store of value : money can be saved since it keeps it value
Standard for deferred payments: you can borrow money and pay it back at a future date

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The following events took place at a manufacturing company for the current year:

KiRa [710]

Answer:

$91,070

Explanation:

The computation of the value of the ending work in process inventory is shown below:

Ending Work in process inventory = Beginning work in process inventory + transferred materials + labor cost + other manufacturing cost

where,

Beginning work in process inventory is $0

Transferred material amount

= $97,000 × 80%

= $77,600

Labor cost = $58,000 + $15,600 = $73,600

Other manufacturing cost = $109,000

So, the amount is

= $0 + $77,600 + $73,600 + $109,000

= $260,200

And, since 65% is completed so the remaining 35% is to be considered i.e

= $260,200 × 35%

= $91,070

3 0

3 years ago

What is the purpose of a small company using a protocol analyzer utility to capture network traffic on the network segments wher

Firlakuza [10]

The use of a protocol analyzer utility to capture network traffic on the network segments where the company is considering a network upgrade is to document and analyze network traffic requirements on each network segment.

<h3>What is a protocol analyzer utility?</h3>

The Protocol Analyzer refers to the measurement device that is used to capture and monitor the data over communication channel. These devices captures the data on the communication channel and coverts the data bits into meaningful protocol sequence.

Therefore, when protocol analyzer utility are used capture network traffic on the network segments, it is employed to document and analyze network traffic requirements on each network segment.

Read more about protocol analyzer

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3 0

2 years ago

Benson and Orton are partners who share income in the ratio of 2:3 and have capital balances of $60,000 and $40,000, respectivel

Illusion [34]

Answer:

$44,800

Explanation:

For computation of capital balance we need to find out first total capital, shares, gain and Orton shares which is shown below:-

Total capital = $60,000 + $40,000 + $20,000

= $120,000

Shares = Total capital × Interest rate

= $120,000 × 0.10

= 12,000

Gain = Investment - Shares

= $20,000 - $12,000

= $8,000

Orton Shares = Gain × 3 ÷ 5

= $8,000 × 3 ÷ 5

= $4,800

Capital = Given capital balance + Orton Shares

= $40,000 + $4.800

= $44,800

So, We have applied the above formula.

5 0

3 years ago

Use the punnett square from the introduction and the ones you drew for part a to select the three statements that are true about

Julli [10]

Any images or dominant or recessive traits to make it?

6 0

3 years ago

FV of $600 each 6 months for 5 years at a nominal rate of 12%, compounded semiannually. Do not round intermediate calculations.

Lerok [7]

Answer:

Amount after 5 year will be $1074.5

Explanation:

We have given principal amount P = $600

Time t = 5 year

Rate of interest r = 12%

It is given that amount is compounded semiannually

So time period = 5×2 = 10 period

And rate of interest semiannually will be $=\frac{12}{2}=6$ %

We have to find future value after 5 year

Future value is given by $A=P(1+\frac{r}{100})^n$

So $A=600\times (1+\frac{6}{100})^{10}$

$=600\times1.06^{10}$

$=600\times1.79=1074.5$

So amount after 5 year will be $1074.5

8 0

3 years ago