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3 years ago

Why might currencies issued by the many state banks have caused confusion before the Civil War?

1 answer:

3 0

During pre-Civil War times in the United States, banks around the country issued bank notes as a form of currency. The large number of banks led to a large number of diverse bank notes that circulated around the country. Although many banks issued only enough bank notes that could be backed up by specie (gold and silver during the time), riskier banks gave into temptation and issued more than they could cover. This practice caused many people to doubt the exact worth of certain notes and in turn have little faith in some banks.

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Is Criminal investigator a venture?<br> thanks

finlep [7]

Explanation:

Is there a private detective that the venture capital company contracts? Does it investigate the start fraud? Answer 5 SHART Redux Time Reports REQUEST PLUS REQUID TIME REPORTS can be far from this growth list. Have you ever been online and offline? Later below the procedure for reporting such incidents. 1 Answer Paul Cohn, I made that VC answered on August 4, 2015. Risk capital Working process is very complete and it will be difficult to detect any kind of fraud. VC sometimes helps diligent using an external company. In general, VCs do not adopt private detective, but often use a company that verifies the background verification. Some of the background control companies may exceed recording recording, but can do a private research work as necessary, but it does not happen frequently (it has never disappeared so much disappeared). The records are considering the following: Confirmation of training for education A pre-employment confirmation is to find legal issues that participate in personal credit issues and find false statements of the contractor / administration team. With regard to your education and employment history, it may be possible to see if you have other legal and credit problems, do not disclose. It is very unusual to find a "fraud", but it is possible to make sure that VC asks entrepreneurs questions, and at least the contractor can confirm that all the company's product events fully advertise that you can find it. After the investment.

6 0

3 years ago

Read 2 more answers

Montross Lumber processes wood to be shipped to construction companies. In order to keep its products uniform, Montross conducts

tiny-mole [99]

Answer:

$450

Explanation:

Activity based costing is the process by which a business allocates cost on the basis of the number of times an activity is carried out.

For example if different departments use a photocopier to copy 3,000, 5,000, and 2,000 sheets. The total cost will be allocated based on amount of activity per department.

In this instance

Total number of boards= 36,000

Inspections= 5% of the total

Inspection cost= $15 per hour

Percentage that will be inspected= 0.05 * 36,000 = $1,800

It takes one minute to inspect each board, there are 60 minutes in one hour. So 60 boards are inspected in one hour.

Number of inspection hours= 1,800 ÷ 60= 30 hours

Total cost of inspection= Cost per hour * Number of hours

Total cost of inspection= 15 * 30= $450

7 0

4 years ago

Identify the possessive pronoun in the following sentence: "I love my new computer!"

Vanyuwa [196]

Answer:

Explanation:

5 0

3 years ago

During 2020, Stellar Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to Stellar for a

Ber [7]

Answer:

What is the amount of gross profit realized during 2020?

(460 x $33.30) + (230 x $29.60) + (276 x $18.50) = $27,232

What is the amount of inventory of unsold straight chairs on December 31, 2020?

[(920 - 460) x $56.70] + [(690 - 230) x $50.40] + [(1,610 - 276) x $31.50] = $26,082 + $23,184 + $42,021 = $91,287

Explanation:

lump sum cost of chairs = $137,655

Type Chairs Selling Price Each Total

Lounge chairs 920 $90 $82,800

Armchairs 690 $80 $55,20

<u>Straight chairs 1,610 $50 $80,500</u>

total 3,220 $218,500

if we allocate costs based on resale, then each chair should cost:

Lounge chairs $90 x ($137,655 / $218,500) = $56.70

Armchairs $80 x ($137,655 / $218,500) = $50.40

Straight chairs $50 x ($137,655 / $218,500) = $31.50

contribution margin per chair:

Lounge chairs $90 - $56.70 = $33.30

Armchairs $80 - $50.40 = $29.60

Straight chairs $50 - $31.50 = $18.50

7 0

4 years ago

Joe Chin bought a house for $180,000. He made a 20% down payment. Joe secured a loan for the balance of the purchase price at 6.

Ivan

Answer:

910.18

Explanation:

After Chin's down payment the amount borrowed is ...

(1 - 20%)($180,000) = 0.80·$180,000 = $144,000

The amount of the payment is given by the amortization formula ...

A = P(r/n)/(1 -(1 +r/n)^(-nt))

for P borrowed at rate r for t years, compounded n times per year.

A = 144000(0.065/12)/(1 -(1 +.065/12)^(-12·30)) = 910.18

The monthly loan payments will be 910.18.

6 0

3 years ago