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Anettt [7]
3 years ago
7

Why do markets exist?

Business
2 answers:
xenn [34]3 years ago
5 0
To provide a place for people to trade goods and services
padilas [110]3 years ago
4 0
Markets exist to provide a place for people to trade goods and services. It makes life more convenient as you would go to one place to find what you need instead of scouting the town or city for goods/services.
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Piedmont Company purchased merchandise on account from a supplier for $45000, terms 1/10, n/30. Piedmont Company returned $7000
gavmur [86]

Answer:

$33,500

Explanation:

The Cash Required for Payment to Supplier is The Purchases Price less Credit Allowance and Cash Discount granted since Piedmont Company pays the invoice within the discount period.

If Piedmont Company had paid invoice out of  the discount period we would only deduct the Credit Allowance from the Purchase Price.

Cash Required for Payment Calculation :

Purchase Price                                        $45,000

Less Credit Allowance                            ($7,000)

Less Cash Discount $45,000 x 10%      ($4,500)

Cash Required for Payment                   $33,500

7 0
3 years ago
Which inventory appears in the balance sheet column of the worksheet?
Mandarinka [93]
Answer: C.) Combination of beginning and ending inventorys
3 0
3 years ago
This type of school sometimes has a religious affiliation.
N76 [4]
<h2>Answer</h2>

Private Schools

<h3>Explanation</h3>

Private schools tend to be more affiliated with religious elements within the school structure. This is because the structure of private schools is usually designed to bring in religion such that it becomes an important and articulate part of what we refer to as the schooling system and the basis of religious development within children at an age when their minds and thinking is being constructed in its true essence.

8 0
3 years ago
Read 2 more answers
At one time there were many farm cooperatives, but more recently other forms of business ownership have replaced them. True
Vlad [161]

Answer:

The statement is: False.

Explanation:

Farm cooperatives in the United States represent an increasing industry. It is a fact that the number of farm cooperatives has declined but their size has expanded. The main activities have taken place in states such as Washington, Minnesota, and North  Dakota because they are surrounded by countries easier for cooperatives to introduce their crops.

8 0
4 years ago
Identify the Key Concepts of<br> Effective Operations Strategy
Greeley [361]

Answer:

The Key Concepts of  Effective Operations Strategy is explained below in details.

Explanation:

Operations management includes preparation, coordination, and supervising methods, and make significant enhancements for tremendous profitability. The improvements in the everyday operations have to promote the company's strategic purposes, so they are introduced by deep examination and determination of the current processes.

6 0
3 years ago
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