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3 years ago

When prisoners use cigarettes or some other good as money, cigarettes become

1 answer:

6 0

<span>When prisoners use cigarettes or some other good as money, cigarettes become commodity money and functions as a unit of account.

Commodity money is money where the value comes from a commodity of which it is made. Commodity money is defined as money in which objects have value within themselves. </span>

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Which of the following is not a service offered by zoos?

Pepsi [2]

Answer:

can we see the choices so we can answer.

Explanation:

3 0

3 years ago

A bank has an interest rate spread of 150 basis points on $30 million in earning assets funded by interest-bearing liabilities.

Burka [1]

Answer:

new pretax net interest income = $300,000

Explanation:

given data

interest rate spread = 150 basis points

interest bearing liabilities = $30 million

to find out

bank's new pretax net interest income will be

solution

we will get bank's new pretax net interest income that will be express as

new pretax net interest income = $30 million × ( 1.5 % - 0.5 % ) ...............1

solve it and we get

new pretax net interest income = $30 million × ( 1.5 % - 0.5 % )

new pretax net interest income = $30,000,000 × ( 1 % )

new pretax net interest income = $300,000

7 0

3 years ago

A legal arrangement where two or more people share ownership of a business is called a ______. A. Corporation b. Sole proprietor

liubo4ka [24]

The correct statement is that a legal arrangement where two or more people share ownership of a business is called a partnership. So, the correct option is C.

A partnership may be started by two individuals with an intention to share the profits and losses of such business in a predetermined proportion.

<h3>Partnership Firm </h3>

A partnership firm is a form of business organization where at least two individuals put their resources and carry a legal business.

The individuals of a partnership firm are collectively known as partners, where they tend to share the profits and losses proportionately to their capital invested.

There exists vicarious liability among the partners, which means that all the partners are liable for the acts of one or more partner as per the legal contract.

A partnership firm may be terminated by lapse of time, dispute between the partners, dissolution, insolvency, but has a perpetual succession.

Hence, the correct option is C that legal arrangement where two or more people share ownership of a business is called a <u>partnership. </u>

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Learn more about partnership firm here:

brainly.com/question/6346527

6 0

3 years ago

In determining the price for his company's new photo printer, Raymond is assessing the total cost of owning his printer as compa

yulyashka [42]

Answer:

Cost of ownership

Explanation:

The cost ownership includes other elements of cost associated with owning a product eg operating cost.

A common example that comes to mind is the ownership of a car, analysing the total cost of ownership would include cost of fueling and maintaining the car as compared to buying a new brand of car.

It takes someone with foresight to see the bigger picture and look at what the product's real value and cost is over time.

5 0

3 years ago

Read 2 more answers

BE9.5 (LO 3), AP For Gundy Company, units to be produced are 5,000 in quarter 1 and 7,000 in quarter 2. It takes 1.6 hours to ma

azamat

Answer:

The correct answer for quarter 1 is $120,000, for quarter 2 is $168,000 and for 6 months is $288,000.

Explanation:

According to the scenario, computation of the given data are as follows:

Direct labor cost for Quarter 1 = Total Required Direct Labor Hours × Direct Labor Wage

Where, Total Required Direct Labor Hours = 5,000 × 1.6 hours = 8,000 hours

So, Direct labor budget for Quarter 1 = 8,000 × $15 = $120,000

Direct labor budget for Quarter 2 = Total Required Direct Labor Hours × Direct Labor Wage

Where, Total Required Direct Labor Hours = 7,000 × 1.6 hours = 11,200 hours

So, Direct labor budget for Quarter 2 = 11,200 × $15 = $168,000

So, Direct labor budget for 6 months = Direct labor budget for Quarter 1 + Direct labor budget for Quarter 2

= $120,000 + $168,000

= $288,000.

5 0

3 years ago