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
m_a_m_a [10]
3 years ago
8

In the late 1970s, LarceCo, a tea manufacturing company, entered the market of a developing country called Fantesnia. As there w

as a lack of hard currency in Fantesnia, LarceCo was involved in a barter system. It exchanged its tea-based products for the local vodka of Fantesnia. This scenario illustrates that LarceCo had engaged in _____.
Business
1 answer:
Softa [21]3 years ago
4 0

Answer: Counter trade

Explanation: In simple words, counter trade or bilateral trade refers to the situation when two entities exchange goods or services with one another without using any money. This kinds of trade does not use money but can be valued in monetary terms.

In the given case, Large co were trading their product for the product of other company. Both the products have their own market value.

Hence from the above we can conclude that they were engaged in counter trade.

You might be interested in
By comparing subsidiary accounts to schedules of accounts payable, an
Stolb23 [73]

A comparison of the subsidiary accounts to the schedules of accounts payable will help the accountant to <u>A. prove the accounts payable accounts at the end of a period.</u>

<h3>What is a Subsidiary Account?</h3>

A subsidiary account tracks the information of certain transactions in detail. Some of the most important subsidiary accounts include accounts receivable and accounts payable.

Thus, by comparing the subsidiary accounts to the schedules of accounts payable, an accountant proves the existence and completeness of the accounts payable balance at the end of a period.

Learn more about subsidiary accounts here: brainly.com/question/4656883

6 0
2 years ago
Zoom In, Inc. is engaged in the business of coding, with an emphasis on Internet marketing, business apps, and intra-corporate n
-BARSIC- [3]

Answer:

Option A. The U.S. Constitution.

Explanation:

The reason is that the US constitution provides the basic framework for the laws to be formulated and passed both in the US National Assembly and the Senate. The laws cannot be formulated if the US constitution doesn't allows the passing of the law which means that the constitution must be amended first. When the slavery was to be eliminated in 1865, the first problem was that passing the elimination of slavery law was inconflict with the US constitution. So the constitution was amended before passing the law to eliminate the conflict.

In the nutshell, every law originates because of different reasons like Technological reasons, Social reasons, Cultural reason, etc) but the basis remains the same which is US constitution which is the basic framework for passing the law.

8 0
3 years ago
Baker's Supply imposes a payback cutoff of 3.5 years for its international investment projects. If the company has the following
sweet-ann [11.9K]

Answer:

Both projects fall within the acceptable payback period, so, both projects can be accepted.

Explanation:

Cash payback period measures how long it takes for the amount invested in a project to be recovered from the cumulative cash flows.

Pay back period For project A:

Amount invested in the project = −$ 62,000

Amount recovered in year 1 = −$ 62,000 + 7,100 = $-54,900

Amount recovered in year 2 = $-54,900 + 9,800 = $-45,100

Amount recovered in year 3 = $-45,100 + 28,700 = $-16,400

Amount recovered in year 4 = $-16,400 + 45,900 = $29,500

The amount is recovered In 3 years + 16400 / 45900 = 3.36 years

Cash payback period for project B:

Amount invested in the project = −$ 26,000

Amount recovered in year 1 = −$ 26,000 + 15,600 = $-10,400

Amount recovered in year 2 = $-10,400 + 8,400 = $-2000

Amount recovered in year 3 = $-2000 + 1,900 = $-100

Amount recovered in year 4 = $-100 + 1,100 = $1000

The amount invested is recovered In 3 years + 100/1,100 = 3.09 years.

Both projects fall within the acceptable payback period, so, both projects can be accepted.

I hope my answer helps you

7 0
2 years ago
Suppose our firm produces chartered business flights with capital​ (planes) and labor​ (pilots) in fixed proportion​ (i.e., one
GREYUIT [131]

Answer:

A. follow the​ 45-degree line from the origin

Explanation:

In order to diversify the business that means the output level should be increased we need to rise the input i.e. no of planes and pilots

Now if we increase the no of planes by 1 so here the no of pilots should also be increased by 1 units

So the expansion path equation is y = x

Therefore the option a is correct

5 0
3 years ago
Plz post fun questions plz i need points plzzzzzzzzzzz
frez [133]

Answer:

Dun. Mark brainliest plz

Explanation:

4 0
3 years ago
Other questions:
  • Boxwood Company sells blankets for $60 each. The following was taken from the inventory records during May. The company had no b
    15·1 answer
  • A limited liability corporation's (LLC) equity is reported similar to that of a a.trust. b.regular corporation. c.partnership. d
    13·1 answer
  • 9. When paraphrasing, which of the following must a student do:
    6·1 answer
  • If a company is considering the purchase of a parcel of land that was acquired by the seller for $96,000 is offered for sale at
    8·1 answer
  • Assume Baldwin is producing 2,498 units of Bill next year. What would Bill's plant utilization be?
    9·1 answer
  • A construction firm cannot obtain the necessary permits to begin building a shopping mall until it can show it either has or wil
    8·1 answer
  • What are the four key factors in a firm’s credit policy? How would a relaxed policy differ from a restrictive policy? Give examp
    10·1 answer
  • HEY IS THIS THING ON
    15·2 answers
  • Many market participants believe that sell-side analysts are too optimistic in their recommendations to buy stocks, and too slow
    11·1 answer
  • A sales associate listed a condo for $205,000. A sales associate from a competing office called the listing associate to inform
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!