1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
r-ruslan [8.4K]
3 years ago
15

An electronic exchange is an electronic forum where manufacturers, suppliers, and competitors buy and sell goods, trade market i

nformation, and run back-office operations.True / False.
Business
1 answer:
Natalija [7]3 years ago
7 0

Answer:

False

Explanation:

Buyers and Sellers do not physically see each other

You might be interested in
In her work as an accountant, Sandra Garcia recognizes that for every transaction that affects an asset, an equal transaction mu
adell [148]

Answer:

Correct option is (B)

Explanation:

In accounting, double entry book keeping is followed as every financial transaction has dual effect on the books of accounts. It starts with the accounting equation which stated:

Assets = Liabilities + Stockholder's Equity

If there is an increase in assets, there has to be a subsequent increase in either liability or stockholder's equity.

Every transaction is debited in one account and credited in some other account.

For example Depreciation for the year is $2,000. Depreciation expense account is debited by $2,000 and accumulated depreciation account is credited by $2,000.

Since Sandra recognizes that an effect on asset will have a simultaneous effect on either liability or equity, she is following double entry bookkeeping.

5 0
3 years ago
Las relaciones de trabajo saludable que existe entre jefes y empleados es un ejemplo de:
klemol [59]

Answer:

Mantenerse vivo

3 0
3 years ago
The markets for prostitution in Nevada and New Jersey have two important differences: 1) prostitutes in New Jersey face higher c
natima [27]

Answer:

Given these facts, which state would you expect the price of prostitution services to be higher? Why?

  • Since the risks associated to prostitution are higher in New Jersey, we could assume that the price for these services will be higher there. The supply curve of prostitution shift to the left, increasing the price and decreasing the quantity.

Which state would have the higher amount of services consumed (adjusted for population differences)? Why? What are the underlying economic issues of this market?

  • Since the price is higher in New Jersey, the quantity demanded will be lower. Also, the risks associated to consuming the service will shift the demand curve to the left, reducing the quantity.

7 0
2 years ago
last year minden company introduced a new product and sold 15,000 units of it at a price of $70 per unit. the product's variable
Inga [223]

A company is a legal entity formed by a group of individuals to engage in and operate a business commercial or industrial enterprise. A company may be organized in various ways for tax and financial liability purposes depending on the corporate law of its jurisdiction.

Present Yearly Net operating income (loss)

(Units * CM Per unit)-Fixed cost

Units Sales 415000|

[Selling Price Per Unit 70

\Variabel Expense Per unit 40|

Fixed Expenses 540000]

Compute the CM ratio

Selling Price Per Unit 70.00

Variable Expense Per unit 40.00

Contribution Margin per unit ( Selling Price - Variable Cost) 30.00

Ico Ratio =( CM/Selling Price) 42.857%

Learn more about the company  here

brainly.com/question/24553900

#SPJ4

5 0
1 year ago
Pharoah Incorporated factored $154,700 of accounts receivable with Engram Factors Inc. on a with recourse basis. Engram assesses
VashaNatasha [74]

Answer:

Cash                                  135,604 debit

Due from factor account:      7,735 debit

Loss on Factoring                18,081 debit

        Recourse Liability                    6,720 credit

        Accounts Receivable          154,700 credit

--to record sales of account receivables--

Explanation:

fee: 154,700 x 3% = 4,641

retention: 154,700 x 5% = 7,735

recourse: 6,720

The company will receive cash for the difference between his account receivable and the discount above:

154,700 - 4,641 - 7,735 - 6,720 = 135.604‬

We post the retention as an assets as latter we will recove this amount.

Then, the recourse as a liaiblity. Write-off the receivables and later, the cash receipts.

The difference will be considered a loss.

5 0
3 years ago
Other questions:
  • The risk management approach consists of three stages. Which of these is not a stage identified in the ITIL guidance? Choose the
    8·1 answer
  • An online savings account A) offers lower interest rates because it costs more money to maintain the online site B) offers highe
    14·1 answer
  • An automobile company decides to improve the quality of its products and bring more variety into its entire product line. The co
    9·1 answer
  • Which of the following is true about careers in agriculture?
    12·1 answer
  • Jenna wishes to deposit $250 in the bank every month in order to save for the future. Which of these options will best suit her?
    7·1 answer
  • Admitting New Partner With Bonus Cody Jenkins and Lacey Tanner formed a partnership to provide landscaping services. Jenkins and
    15·1 answer
  • On February 1, 2020, Nash's Contractors agreed to construct a building at a contract price of $5,700,000. Nash's estimated total
    15·1 answer
  • Spring Airlines is a small budget airline that is based in China. The company has a strict rule against passengers bringing any
    12·1 answer
  • Which one of the following statements regarding partnership taxation is incorrect?
    5·1 answer
  • Although most people want maximum attainment of every economic goal, there is the operating reality of ________________________
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!