Answer:
creates wealth by moving the phone from lower value use to higher value use.
Explanation:
Wealth creation is maximised when an item is of greater value to the user. When the old phone is recycled, it has a higher value to the company.
The company will refurbish the phone and sell to a new user who will maximise it's use.
So this action creates wealth by prolonging the useful life of the old phone.
If the user had discarded the phone he would have destroyed wealth because the usefulness of the phone would have been wasted.
Answer:
A. A saver makes a deposit in a credit union, and the credit union makes a loan to a member for a new car.
Explanation:
A financial intermediation is when an institution acts as the joint-point between two parties in a financial transaction. This means, lender and borrowers, and buyer and seller.
The saver deposit in the credit union. (lender)
And the financial intermediate give a loan to a member (borrower)
This spread the risk and makes transaction more easy, as both parties deal with the credit union, not with themselves.
The credit union faces and assumes obligation with both:
for the saver to give the deposit
and with the borrower that if it meets the requirement will receive the cash for the car and will return in a pre-arrenged method with a given interest and time defined.
<span>Initial
step in the strategic marketing process is to begin planning by conducting a (SWOT)
analysis. SWOT analysis, also called SWOT matrix, means the Strengths, Weaknesses,
Opportunities, and Threats that summarizes the evaluation of elements for a
project or business.</span>
Answer:
Find attached correct question that matches the options provided in this question:
The correct option is B, a credit to Interest Revenue for $2,700
Explanation:
The semiannual coupon interest receivable from the bond investment is the face value of $54,000 multiplied by 10% adjusted to reflect a six month revenue rather than a year a shown below:
semiannual interest receipt=$54,000*10%*6/12=$2,700
The $2,700 would be debited to cash as an income while also being credited to interest revenue ,hence option B is correct
<span>A company wins a contract to be the sole provider of phone and cable television service for a city.</span>
