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3 years ago

Which of these scenarios involves commodity money?

2 answers:

4 0

Money is a kind of asset in an economy that is castoff to purchase goods and amenities from other people. A commodity is a physical thing that is willingly substitutable with one more item of the same type. Commodity money is a commodity that has intrinsic value. Intrinsic value is the commodity has worth though it is not used as money. So the answer is a woman offers her neighbor a US silver dollar in exchange for a bicycle.

Reptile [31]3 years ago

4 0

A commodity is a physical thing that is willingly substitute with one more item of the same type.

You might be interested in

Which of the following sections of a business plan contains information about the different departments in the company and what

gogolik [260]

Answer:

A. Organization

Explanation:

The organization and management section outlines the hierarchy of the people involved in the business. It provides the company's organizational structure in a chart format. This section detail the management team, internal and any external human resources that the company uses or intends to use. It may list their names and remunerations paid to each of them.

The organization section also defines how the different roles relate to each other when executing the business mandate.

3 0

3 years ago

Discuss what sources of factual information would be most beneficial for the following areas of practice:

schepotkina [342]

Answer:

The answer is stated below:

Explanation:

Sources of the factual information in the following areas of the practice are as:

A practice of family law need or require a records of the marriage or a divorce, visitations created by court, child custody agreement and records of the adoption. The clients of the practice could be asked for the information.

This practice of law dealt with the study of how the directors, stakeholders, shareholders, employees and the consumers interact with each other and with the environment. Under this practice, it looks for the records of the bank transaction.

This law practice would benefit or provide advantage from the records of the medical, any statement of witness, records of disability and the records for the equipment maintenance if required.

Under this practice, the statements of banks, real estate listing, IRS records and credit agencies would be advantageous sources of the information.

Under this practice, it involve the powers of attorney, deeds documents, mortgages, grants, transfers and wills which are pertaining to bankruptcy.

7 0

3 years ago

Residual income is ____________.A. the difference between the net income the analyst expects the firm to generate and the requir

BARSIC [14]

Answer:

A. The difference between the net income the analyst expects the firm to generate and the required earnings of the firm.

Explanation:

Residual income measures an organisation's internal corporate performance by looking at the difference between the income geneated by the firm and the required minimum returns. It can be described as the excess of generated income over required earnings for the firm.

For personal Income, residual income represents the income an individual has left after deducting all personal expenses and all debts.

Based on the question, therefore, residual income will be the excess amount after a company's analysts' deduct the required earnings of the company from what the company generates.

3 0

3 years ago

Khaling Company sold 26,850 units last year at $15.80 each. Variable cost was $11.70, and total fixed cost was $116,440. Require

MatroZZZ [7]

Answer:

1.Operating Income (loss) (2122)

2. Break even point in units = 28126

3. Required Sales in Units=30899

Explanation:

Khaling Company

Income Statement

Sales (26,850units* $ 15.84) $ 425304

Less

Variable Costs ( $11.70* 26580 units) $ 31,0986

Contribution Margin 114,318

Less Fixed Costs $116,440

Operating Income (loss) (2122)

2. Break even point in units = Fixed Costs/ Contribution Margin Per unit

= $116,440/$ 15.84-$11.70

=$116,440/ 4.14

= 28,125.6= 28126 units

We find the Contribution Margin Per unit by subtracting variable cost per unit from sales price per unit.

3. Required Sales in Units = Fixed Costs + Targeted Income/ Contribution Margin Per unit

=$116,440 +$11,480 /$ 15.84-$11.70

= 127920/4.14= 30898.5= 30899 units

6 0

3 years ago

At the end of the systems implementation phase, the final report to management should include ____.

Nataly_w [17]

As far as I remember, at the end of the systems implementation phase, the final report to management should include these elements:

1. a comparison of actual costs and schedules to the original estimates;

2. final versions of all system documentation;

3. planned modifications and enhancements to the system that have been identified;

It's necessary thing in system analysis.

3 0

3 years ago