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4 years ago

How did the invention of money as a medium of exchange affect the barter system?

1 answer:

4 0

The barter system is a form of trading in which goods are exchanged directly for other goods without the use of money or as an intermediary, without a medium of exchange. The invention of money supplemented the barter system by providing a nonperishable medium of exchange.

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Which statement is true? Portfolio A dominates portfolio B if: Portfolio A has a higher return that portfolio B Portfolio A has

ra1l [238]

Answer:

The answer is "The last choice"

Explanation:

While comparing 2 assets or portfolio management, the risk of each portfolio and the rates of return of each portfolio should be taken into consideration. Whether the same danger is in the two assets. One should be preferred with both the higher return and one from the lowest risk should be recommended unless the two have the same rate of return. Portfolio A consequently either has a higher return and an at least as low fluctuation as B, or even lower volatility as well as an anticipated return at least as strong as B.

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3 years ago

_____ must verify in writing the accuracy of their corporation's financial statements.

grin007 [14]

Chief operating officers (COO) and chief financial officers (CFO) must verify in writing the accuracy of their corporation's financial statements.

Answer: D)

3 0

3 years ago

What is the first step in developing a promotional campaign?

kotykmax [81]

You're First step is promotional message it reaches your intended and targeted audience. plus you're message is understood by your audience and you're message also works for the recipients, and they soon take immediate action.

Hope This Helps!!!

3 0

3 years ago

Sunland Chemicals Company acquires a delivery truck at a cost of $30,400 on January 1, 2022. The truck is expected to have a sal

liraira [26]

Answer:

$6,800 and $6,800

Explanation:

The computation of the depreciation expense for the first year and the second year using the straight line method is shown below:

= (Original cost - residual value) ÷ (useful life)

= ($30,400 - $3,200) ÷ (4 years)

= ($27,200) ÷ (4 years)

= $6,800

In this method, the depreciation is the same for all the remaining useful life

Therefore for the first and second year, the same depreciation expense i.e $6,800 should be charged separately in each year

8 0

3 years ago

Domingo corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the f

SSSSS [86.1K]

Answer:

The cost per unit equivalent

Materials $ 155,950/ 6100= $ 25.57

Conversion costs $120,060/ 6100= $ 19.68

Explanation:

6,100 units were transferred to the second processing department during the month.

Costs were incurred in the first processing department during the month:

Cost

Materials costs $158,700 - $ 2750= $ 155,950

Conversion costs $120,400- $ 340 = $ 120,060

The cost per unit equivalent

Materials $ 155,950/ 6100= $ 25.57

Conversion costs $120,060/ 6100= $ 19.68

Beginning Inventory Costs

Material cost $5,500 *50% = $ 2750

Conversion costs $1,700* 20%= $ 340

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4 years ago