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Nonamiya [84]
3 years ago
9

What is the difference between paper currency and coins?​

Business
2 answers:
Softa [21]3 years ago
8 0
It refers to that money which is in the form of paper currency notes issued by the government of the country. It refer to money which is made of metals like gold, silver, copper, etc. ... Paper money is comparatively more portable but less durable. Metallic coins are comparatively less portable but more durable.
Liula [17]3 years ago
8 0

<em>Money is in the form of paper currency notes issued by the government of the country. Paper money is comparatively more portable but less durable. Metallic coins are comparatively less portable but more durable.</em>

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Mira Mesa Appliances makes and sells kitchen equipment for offices and hotel rooms. Mira Mesa management believes that a new mod
lys-0071 [83]

Answer:

$126

Explanation:

We can calculate the amount Mira can pay for the synthetic material per unit (refrigerator) and meet its profitability goal by deducting the estimated profit and then all the cost from the selling price per unit.

Selling price per unit                                        $260

Less

estimated return (260x30%) =                    ($78)

Labor costs                                                    ($32)

Overhead costs                                            ($24)

Material                                                              $126      

Amount Mira can pay for Synthetic material per unit is $126

               

6 0
3 years ago
How would a sale of $400 of inventory on credit affect the balance sheet if the cost of the inventory sold was $160
dimaraw [331]

Answer:

the journal entries used to record this transaction are:

Dr Accounts receivable 400

    Cr Sales revenue 400

Dr Cost of goods sold 160

    Cr Inventory 160

This transaction will increase net income, which increases retained earnings by $240. It will also increase assets by $240, since accounts receivable increases by $400, but inventory decreases by $160.

5 0
3 years ago
Your company sells consulting services in legal forecasting to multinationals studying foreign market entries. In some countries
enot [183]

Chances are that when your company, which sells consulting services to multinationals, is forecasting legal decisions in <u>domestic markets</u>, the predictions will be MUCH MORE accurate than when forecasting legal decisions in <u>foreign markets</u>.

<h3>What is the difference between domestic and foreign markets?</h3>

The difference between domestic and foreign markets is that a company offering forecasting legal decisions will be very more familiar with the domestic market than the decisions that can be taken in foreign markets.

Chances are that when your company, which sells consulting services to multinationals, is forecasting legal decisions in <u>domestic markets</u>, the predictions will be MUCH MORE accurate than when forecasting legal decisions in <u>foreign markets</u>.

Learn more about domestic and foreign markets at brainly.com/question/15115779

8 0
2 years ago
How does a merchandising business act as a collection agency for the state government?
ExtremeBDS [4]

Answer:

Charging Sales tax

Explanation:

Merchandising business is the kind of business, that buys or purchases the finished products and then resells them to the customers.

So, the merchandising business could act as a collection agency for the government through charging the sales tax. There is need to remit the government after collecting the tax and when it is done, the business will decrease the cash and the sales tax liability.

And it is the lability to the government until it is remitted by the business.

5 0
3 years ago
This case explores some issues related to entering a new foreign market and describes the strategies that one UK firm is using t
gizmo_the_mogwai [7]

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Advantages - 1. Affordable  2. Pretty scenery 3.You get what you paid for

Disadvantages-1. Uncomfortable 2. It’s Either Freezing or Sweltering  3. Odd People

2. Yes it has own Overwhelming resources and capabilities  3. Train

Explanation:

4 0
3 years ago
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