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andrew11 [14]
4 years ago
10

How and why is money important?

Business
1 answer:
LenKa [72]4 years ago
3 0
Money is important because it helps people learn responsibility and how to be responable and you can buy things with money that you earn. now a dayze you need money for everything nothings ever free
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Mike's Fish Market is implementing a project that will initially increase accounts payable by $6,100, increase inventory by $2,8
Feliz [49]

Answer:

The net working capital is -$4600.

Explanation:

Use the below formula to calculate net working capital:

Net working capital = Total current assets – Total current liability  

Total current liability = $6100

Total current asset =  increase in inventory –decrease in account reciveable  

Total current asset = $2800 – 1300

= $1500

Now, Net working capital = Total current assets – Total current liability  

Net working capital = $1500 – $6100

= - $4600

Thus, net working capital is -$4600.  

7 0
3 years ago
A group of cotton growers in North Georgia and North Alabama pooled their resources to build a cotton gin and storage area for t
sesenic [268]

Answer:

D. cooperative

Explanation:

A cooperative is a business type where the business is managed and controlled by its members. Here the people are come together to accomplish their goal via pooling their resources also sharing the risk at the same time.

So as per the given situation since the cotton would be marketed to textile mills under one label

so here collective ownership organization represent the cooperative

hence, the option d is correct

5 0
3 years ago
Armani uses a​ three-tier product line differentiated based on​ style, luxury,​ customization, price, and distribution. During t
solmaris [256]

Answer:

fine-tune brand

Explanation:

Adjusting your marketing strategy can begin with the adjustment of your main product. A star product that offers added value to customers generate a solid reputation Strengthening the way they communicate with their customers and optimize their sales process allows you to support your product

8 0
3 years ago
Which statement is correct? a. Short-term bond’s price is more sensitive to interest rate fluctuations b. None of the others is
qaws [65]

Answer: Option D

Explanation It is a common fact that bonds having longer term maturities have higher interest rate risk as compared to the bonds having short term maturities.

This, is due to the fact that market yield and price of bond have inverse relationship. Thus, the bonds having longer term periods to maturity will face more interest rate fluctuations as compared to short term bonds, that's why long term bonds price is more sensitive to interest rate changes.

6 0
4 years ago
Insured has
11Alexandr11 [23.1K]
Will pay on equal shares basis.
3 0
3 years ago
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