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3 years ago

When you are using money to purchase a new mp3 player, money is serving as a:?

1 answer:

5 0

The choices were A) store of value. B) medium of exchange. C) unit of account. D) double coincidence of wants

The answer is B) medium of exchange. The money was used as a medium to purchase a product. It can be observed on different transactions of customers to obtain their needed item. It can be a necessity or a want that person must have.

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James owns a vacant property. By law, he can build the following building types, which generate a return on investment as listed

Dima020 [189]

Answer:

Office building

Explanation:

The formula to compute the return on investment is shown below:

Return on investment = Operating Income ÷ Average Operating Assets

It is a mix of operating income and the average operating assets through the return on investment could be computed

Since the return on investment is already given in the question

And, the higher return on investment is the best one for property use

So the office building has a higher return on investment i.e 13.5% which reflects the best for property usage.

6 0

3 years ago

Rodriquez Company budgeted the following sales in units: January 30,000 February 20,000 March 40,000 Rodriquez's policy is to ha

chubhunter [2.5K]

Answer:

24,000 units

Explanation:

Given:

Budgeted sales for January = 30,000

Budgeted sales for February = 20,000

Opening inventory in January = 7,500

Desired ending inventory = 20% of sales in February

= 0.2 × 20,000

= 4,000 units

Units required in January = 30,000 + 4,000

= 34,000 units

Units to be produced in January = 34,000 - opening inventory

= 34,000 - 7,500

= 26,500 units

Budgeted sales for February = 20,000

Budgeted sales for March = 40,000

Opening inventory in February is closing inventory of January = 4,000

Desired ending inventory = 20% of sales in March

= 0.2 × 40,000

= 8,000 units

Units required in February = 20,000 + 8,000

= 28,000 units

Units to be produced in February = 28,000 - opening inventory

= 28,000 - 4,000

= 24,000 units

5 0

3 years ago

According to MACRS tax rate table, which of the following classes uses straight-line depreciation?

Vinil7 [7]

The answer is Residential rental property

8 0

3 years ago

"Under what circumstances might a broker open a separate escrow account for each beneficiary of a transaction?"

hodyreva [135]

Answer and Explanation:

If the broker shall have an "ownership interest" in a company, joint venture or alliance, and shall receive payments for the selling or lease of such land of these institutions.

Then the broker may choose to set up a separate escrow account for each "major accounting company" controlled or otherwise operated to comply with this and other regulations.

6 0

3 years ago

A(n) ________ is designed to build customer goodwill, collect customer feedback, and supplement other sales channels rather than

Ket [755]

Answer: a corporate website

Explanation: A corporate website is one that is designed to build customer goodwill, collect customer feedback, and supplement other sales channels rather than sell the company's products directly. It is also known as a brand website. However, a marketing website will engage consumers in interactions that will move them closer to a direct purchase or some other marketing outcome .

8 0

2 years ago