Answer:
Commodity money has intrinsic value whereas the fiat money does not have intrinsic value
Explanation:
Commodity market is the market which have the virtual or physical market place for trading, buying and selling of primary or raw materials. Presently, about 50 major commodity markets worldwide. And this market has intrinsic value, which means that the commodity has value though not used as money.
Fiat money is the currency created as money, usually through government regulation, and has no intrinsic value.
Therefore, the primary value is that the commodity market has intrinsic values whereas the fiat currency does not have.
Answer:
February 20, 2039
Explanation:
the bonds pay a semiannual coupon, but the last coupon is paid along with the face value (or maturity) value of the bond. For example, if the bond pays a 6% coupon rate, on February 20, 2039 the investor will receive ($1,000 x 6% x 1/2) + $1,000 = $1,030. The exact date might change if the maturity date is a Saturday or Sunday, but it should be paid on the next business day.
<span>Maria lives in a D. Patrilocal residence which means that the couple get married and live near (or with) the husbands parents. Since the new couple lives near (or with) the husbands parents, they are most likely expected to continue on with the same patterns as were considered "normal" before the wife came along, which is why Maria gives advice about nearly everything.</span>
Answer:
$80,700
Explanation:
A partnership begins its first year with the following capital balances:
- Alfred, Capital $50,000
- Bernard, Capital $60,000
- Collins, Capital $70,000
the partnership's net profits should be allocated the following way (drawings made by the partners should decrease their basis, but since the company made a profit they can be included in this distribution)
net income $60,000
partners' drawings plus salaries:
- Alfred ⇒ $5,000
- Bernard ⇒ $18,000 + $5,000 = $23,000
- Collins ⇒ $5,000
interests owed to partners:
- Alfred ⇒ $50,000 x 5% = $2,500
- Bernard ⇒ $60,000 x 5% = $3,000
- Collins ⇒ $70,000 x 5% = $3,500
the remaining $18,000 should be distributed:
- Alfred ⇒ $18,000 x 30% = $5,400
- Bernard ⇒ $18,000 + 30% = $5,400
- Collins ⇒ $18,000 x 40% = $7,200
Collins's basis should increase by $3,500 + $7,200 = $10,700, ending balance = $70,000 + $10,700 = $80,700
Answer:
Roasted Olive should bake the bread in-house.
Because, It is cheaper to bake the bread in-house than to purchase as this saves $0.29 per loaf of bread.
Explanation:
Cost of Making
Unit Cost (Absorption Costing) = All Manufacturing Cost (Fixed and Variable)
= $0.52 + $0.24 + $0.70 + $0.96
= $2.42
Cost of Buying from Local Bakery
Note that the fixed costs are note avoidable, meaning that they would be incurred whether or not the bread is made internally or purchased from local Bakery
Cost of Purchase Option per unit :
Purchase Price $1.75
Add Fixed Overhead per loaf $0.96
Total unit cost $2.71
Conclusion :
It is cheaper to bake the bread in-house than to purchase as this saves ( $2.71 - $2.42) $0.29 per loaf of bread.
Therefore, Roasted Olive should bake the bread in-house.