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3 years ago

What form of money has been used the longest and over the widest

Business

1 answer:

lianna [129]3 years ago

4 0

Answer:

the Cowry Shell

Explanation:

The Cowry Shell were being used in the world as early as 700 BC in China. It is considered durable. For many years, cowries shell were utilized as a means of exchanges over the areas such as India and Africa, southern Europe, and China.

However, alcohol and cattle have never served as a general means of exchange, only on a few occasions used as a trade by barter. While gold can be remade in a less original version using less expensive metals and painting.

Hence, in this case, the right answer is THE COWRY SHELL

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A company sold PP&E for $200 cash. Prior to the sale, the net book value of the PP&E on the financial statements was $24

madam [21]

Answer:

The operating cash flow in this transaction is zero

Explanation:

Please see attachment.

6 0

3 years ago

Manual simulation is limited because of the amount of real time required to simulate even one trial.

Alex73 [517]

It's true
hope it's help:)

3 0

2 years ago

Read 2 more answers

Frank has thirty years of service as a manager for his company. he remembers when managers had almost complete freedom to fire w

Alex787 [66]

From the described case in the question, it is clear that Frank believes in doctrine called at-will employment or employment at-will.

At-will employment is a <u>U.S term used for a condition where an employee can be fired at anytime and without any warning as long as the reason isn’t illegal by law</u>.

This type of doctrine is no longer the main doctrine used in most U.S states by the 20th century, but it was commonplace during the late 19th century.

8 0

3 years ago

How much manufacturing overhead was incurred during the year? Is manufacturing overhead underallocated or overallocated at the

professor190 [17]

Answer:

1. Overhead incurred during the year;

= Depreciation on manufacturing plant and equipment + Property taxes on plant + Plant Janitors wages

= 485,000 + 19,000 + 9,500

= $513,500

2. The under or over allocation depends on how much manufacturing overhead was allocated to jobs for the year.

= Actual machine hours * Overhead rate

Overhead rate = Manufacturing overhead cost / Allocated Machine hours

= 570,000 / 71,250

= $8

Allocated Manufacturing Overhead = 57,000 * 8

= $456,000

The allocated manufacturing overhead is more than the actual overhead. This means that it is Underallocated and the company did not budget enough for the overheads.

Underallocation = 513,500 - 456,000

= $57,500

6 0

3 years ago

Manufacturer A has a profit margin of 2.0%, an asset turnover of 1.7 and an equity multiplier of 4.9. Manufacturer B has a profi

maksim [4K]

Answer:

1.54

Explanation:

As we know that

The DuPont Analysis is

ROE = Profit margin × Total assets turnover × Equity multiplier

So we considered this formula for Manufacturer A and Manufactured B

Profit margin × Total assets turnover × Equity multiplier = Profit margin × Total assets turnover × Equity multiplier

2.0% × 1.7 × 4.9 = 2.3% × Asset turnover × 4.7

16.66% = 10.81% × Asset turnover

So, the asset turnover is 1.54

We equate this formula for both Manufactured A and manufactured B

6 0

3 years ago