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Vlad [161]
3 years ago
9

A prototype is a Group of answer choices mental grouping of similar objects, events, ideas, and people. step-by-step procedure f

or solving problems. best example of a particular category. simple thinking strategy for solving problems efficiently.
Business
1 answer:
Paha777 [63]3 years ago
6 0

Answer:

best example of a particular category.

Explanation:

A prototype can be defined as an early release or model of a product that has been built to practicalise a concept or process. A concept can be defined as a collection of similar ideas, objects, or events. For example an office chair, dentist chair, and barber chair are all for seating.

When you have a prototype you can compare new items with the prototype so that they can be grouped into categories.

Prototype is the original model of a product, that determines future versions of that product. That is future products are patterned according to the prototype.

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A company purchased a commercial dishwasher by paying cash of $4,900. The dishwasher's fair value on the date of the purchase wa
Dafna11 [192]

Answer: $5550

Explanation:

The amount that the company will record the dishwasher will be the amount the dishwasher was bought plus the transportation cost incurred on the dishwasher plus the installation fees. This will be:

= $4900 + $390 + $260

= $5550

Therefore, the amount that the company will record for the dishwasher is $5550

7 0
3 years ago
The economy is in long-run equilibrium: Select one:
Ket [755]

Answer:

A, when the AD and AS curves intersect at potential output,Y.

Explanation:

Aggregate demand curve is a graphical representation that shows the relationship between total goods and services and its price levels.

Aggregate supply curve is a graphical representation that shows the relationship between the total amount of good and services firms are willing to sell and at what price the want to sell.

For an economy to be in long-run equilibrium, an economy has to have both curves meet at a point Y which is the potential output of the economy. This means simply that demand and supply has to be balanced (in equilibrium).

I hope this helps.

3 0
3 years ago
On January 2, 2017, Vaughn Inc. sells goods to Geo Company in exchange for a zero-interest-bearing note with face value of $10,1
crimeas [40]

Answer:

Dr Notes Receivable $10,100

Cr Discount on Notes Receivable$1,000

Cr Sales Revenue $9,100

Dr Cost of Goods Sold $5,460

Cr Inventory $5,460

Explanation

:

Vaughn Inc

Journal entry

January 2, 2017

Dr Notes Receivable $10,100

Cr Discount on Notes Receivable

$10,100-$9,100) $1,000

Cr Sales Revenue $9,100

Dr Cost of Goods Sold $5,460

Cr Inventory $5,460

Total Revenue:

sales revenue + interest revenue $9,100+$1,000 = 10,100

Total revenue= $10,100

4 0
4 years ago
In the real estate business, which professional’s primary role is to provide clients with the information they need to make info
olga nikolaevna [1]

Real estate counsellor role is to provide clients with the information they need to make informed decisions about their own specific real estate interests.

Explanation:

Real Estate Counselor — The designated ' Consultant of Real Estate ' are renowned immobiliser professionals who provide advice that impacts real estate decisions based on their knowledge, their experience and their ethics. Real Estate advisers have a rich background in their work.

They are service providers, managers, properties, administrators, academics and government officials.

Counselors are known for their rigorous, unbiased analyzes of a broad range of dynamic immobilisation choices affecting a wide range of market players.

6 0
3 years ago
The inflation rate over the past year was 3.8 percent. If an investment had a real return of 6.9 percent, what was the nominal r
Natalka [10]

Answer:

Nominal rate of return= 10.96%

Explanation:

Inflation is the increase in the price level.It erodes the value of money.rise in the price of money

<em>Nominal interest is that quoted for investment or loan transactions. It has not been been adjusted for inflation.  </em>

<em>Real interest rate is the amount of interest in terms of the the quantity of good and services that can be purchased. It is the nominal interest rate adjusted for inflation. </em>

The relationship between inflation, real interest and nominal interest rate is given using the Fishers Effect;

N = ( (1+R) × (1+F)) - 1

N- nominal rate, R-real rate, F- inflation

Nominal rate of return =(1.038)× (1.069) - 1 = 0.109622

Nominal rate of return =  0.109622 × 100 = 10.96%

Nominal rate of return= 10.96%

6 0
4 years ago
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