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4 years ago

Explain how most businesses are both debtors and creditors.

Business

1 answer:

Pepsi [2]4 years ago

3 0

Answer:

The reason why most companies are both debtors and creditors is that customers can owe services to companies and they have economic commitments to pay.

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What is gained by using the circular flow diagram to illustrate gdp

MariettaO [177]

Gdp? explain more please

4 0

4 years ago

Indigo Construction Inc. agrees to construct a boat dock at the Smooth Sailing Marina for $43,700. In addition, under the terms

pogonyaev

Answer: The transaction price that Indigo should compute for this agreement = $54,260

Explanation:

First , we'll evaluate Variable consideration using expected value method.

The probability of time completion is 60%

The consideration (performance bonus) = 12,000;

∴ Expected consideration = 60% of 12000 = $7,200 

Probability of completing the project one week late = 20%

The consideration = 9600

∵ The performance bonus reduces by 2400 for delay of a week;

∴ Expected consideration = 20% of 9600 = $1920

Similarly, for a delay of 2 weeks,

Expected consideration = $1,440 

So, the total expected consideration comes to 10,560/-

Transaction price = contract cost + Variable consideration

=43700+(12000 × 0.6+ 9600 × 0.2 + 7200 × 0.2)

=$54,260

3 0

4 years ago

Answer the question using the accompanying cost ratios for two products, fish (f) and chicken (c), in countries singsong and har

photoshop1234 [79]

Answer:

a. harmony will produce chicken and singsong will catch fish.

Explanation:

A country has comparative advantage in production if it produces at a lower opportunity cost when compared with other countries.

In singsong: 1f = 2c

The opportunity cost of producing 1 fish = 2c / 1 = 2c

The opportunity cost of producing 1 chicken = 1f / 2 = 0.5f

In harmony: 1f = 4c

The opportunity cost of producing 1 fish = 4c / 1 = 4c

The opportunity cost of producing 1 chicken = 1f / 4 = 0.25f

It can be seen that singsong has a lower opportunity cost in producing fish, so it should specialise in fish.

Harmony has a comparative advantage in producing chicken, so it should specialise in chicken.

I hope my answer helps you

5 0

3 years ago

Many health care companies are making adaptations to meet the needs of an aging population as the demand for medical services an

Georgia [21]

Answer:

demographics

Explanation:

Demographics relates to the population study figured on such variables as maturity, ethnicity, and gender. Census data refers to systematically articulated social and economic information, which includes jobs, schooling, wages, marriage rates, levels of birth and death, and much more.

Governments, businesses, and nongovernmental organizations use surveys to know more of the dynamics of a community for many reasons, namely decision technology development into the economic structure.

7 0

3 years ago

Employers want workers that provide the _____.

Flura [38]

Highest returns so number 1 is the answer

3 0

3 years ago