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ira [324]
2 years ago
5

Function of the money.​

Business
1 answer:
spayn [35]2 years ago
4 0

Answer:

The function of money is that it allows us to buy things and exchange it for things we want.

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General Mills and Nestlé work together to distribute General Mills products in about 140 international markets from Mexico to Ch
Flura [38]

Answer: a strategic channel alliance

                                   

Explanation: In simple words, strategic alliance refers to a business arrangement in which two organisations combine their resources for their mutual benefits.

Under such an arrangement two organisation agrees to combine their activities and efforts for a particular objective but still remain independent as two separate entities.

Such alliances are generally evident in situation where companies wants to exploit foreign markets. Hence from the above we can conclude that the arrangement between general mills and nestle is a strategic alliance.

5 0
3 years ago
The unadjusted and adjusted trial balances for American Leaf Company on October 31, 2018, follow:
Rashid [163]

Answer:

1. Dr Accounts Receivable $6

Cr Fees Earned $6

2. Dr Supplies Expense $3

Cr Supplies $3

3. Dr Insurance Expense $12

Cr Prepaid Insurance $12

4. Dr Depreciation Expense $5

Cr Accumulated Depreciation—Equipment $5

5. Dr Wages Expense $2

Cr Wages Payable $2

Explanation:

Preparation of the five journal entries that adjusted the accounts at October 31, 2018.

1. Dr Accounts Receivable $6

Cr Fees Earned $6

($44-$38)

(To Accrued fees earned)

2. Dr Supplies Expense $3

Cr Supplies $3

($10-$7)

(To record Supplies used)

3. Dr Insurance Expense $12

Cr Prepaid Insurance $12

($22-$10)

(To record Insurance expired)

4. Dr Depreciation Expense $5

Cr Accumulated Depreciation—Equipment $5

($12-$7)

(To record Equipment depreciation)

5. Dr Wages Expense $2

Cr Wages Payable $2

($2-$0)

(To record Accrued wages)

4 0
3 years ago
Mikkelson Corporation's stock had a required return of 12.50% last year, when the risk-free rate was 3% and the market risk prem
hoa [83]

Answer:

Beta = 2

New required rate of return = 16.50%

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

12.50% = 3% + Beta × 4.75%

12.50% - 3% = Beta × 4.75%

So, the beta would be 2

The (Market rate of return - Risk-free rate of return)  is also known as the market risk premium

Now the required rate of return would be

= 3% + 2 × 6.75%

= 3% + 13.50%

= 16.50%

7 0
3 years ago
Fixed costsa.are equal to explicit costs plus implicit costs. b. do not vary as output varies. c. are the same as total costs fo
Fantom [35]

Answer:

b. do not vary as output varies.

Explanation:

Fixed cost are defined as those cost that is incurred by a business that do not vary with level of production. For example if a company pays rent wether it produces goods or not it will incur the same rent expense. So this cost does not vary with output.

Variable cost on the other hand varies with production. The higher the level of production the higher the variable cost. For example the more the output required the more the labour employed to achieve higher output.

7 0
3 years ago
When a firm tries to place its products or services in as many outlets as possible, the density of distribution is referred to a
kompoz [17]
<span>This is intensive distribution. This marketing strategy allows the company to get its product to as many customers as possible. This is in contrast to selective or exclusive distribution methods, in which a company tries to be specific about the markets and persons who are targeted by the product.</span>
5 0
3 years ago
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