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3 years ago

The primary benefit of a monetary system of exchange compared to a barter system is the increased

Business

2 answers:

AleksandrR [38]3 years ago

5 0

Answer:

d. efficiency in arranging transactions.

Explanation:

The primary goal of the monetary system to that of the barter system is that it's more efficient in maintaining the transparency and is efficient in the transactions with its partners. Thus is better and is more reliable than the old system of exchange.

Bad White [126]3 years ago

3 0

Answer:

D. Efficiency in arranging transactions.

Explanation:

in a barter system, it is difficult to determine how much something would cost. If I am raising corn and you are raising cabbage, how much corn equals one head of cabbage? It is difficult to come to fair trade terms. With a monetary system, it is much easier to set a price and make a trade because everyone is using a common trading instrument.

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Prepare the journal entries to record the assignment of direct materials and direct labor and the allocation of manufacturing ov

rosijanka [135]

Answer:

Note: The full question is attached below

Date Accounts Title and Explanation Debit Credit

Mar-31 WIP-Fermenting Department $15,971

Raw Material Inventory $9,288

Wages payable $3,305

Manufacturing Overhead $3,378

(Being cost assigned to WIP-Fermenting department)

3 0

2 years ago

A difference between operations and projects is that operations end when their objectives have been reached, whereas projects do

maxonik [38]

Answer:

FALSE

Explanation:

It is False that the difference between operations and projects is that operations end when their objectives have been reached, whereas projects do not.

The reverse is true because projects are time-bound and they come to an end when their objectives have been achieved, but company operations are expected to continue as a going concern.

A project is an activity to meet the creation of a unique product or service, an thereafter terminates while operations are day to day routine activities that are expected to continue

3 0

3 years ago

Suppose a foreign investor who holds tax-exempt Eurobonds paying 10.50% is considering investing in an equivalent-risk domestic

algol13

Options:

a. 14.58%

b. 12.83%

c. 15.46%

d. 16.33%

e. 16.92%

Answer:

Correct option is A.

14.58%

Explanation:

After-tax yield = pre-tax yield x (1- marginal rate)

and Taxable-equivalent yield = tax-exempt yield / (1- marginal tax rate)

Hence Taxable-equivalent yield =.105/(1-.28)

=.105/.72=.14583333

=14.58 %

4 0

3 years ago

On September 1 of the current year, Scots Company experienced a flood that destroyed the company's entire inventory. Because the

dangina [55]

Answer:

$82,580

Explanation:

We can calculate the estimated amount of inventory destroyed in the flood by deducting the cost of goods sold by the cost of goods available for sale.

DATA

Beginning Inventory = $215,950

Inventory purchased = $192,730

Sales = $543,500

Calculation

Inventory destroyed Iestimated) = Cost of Goods available for sale - Cost of Goods Sold

Inventory destroyed Iestimated) = $408,680 - $326,100

Inventory destroyed Iestimated) = $82,580

Working

Cost of Goods available for sale = Beginning Inventory + Inventory purchased

Cost of Goods available for sale = $215,950 + $192,730

Cost of Goods available for sale = $408,680

Cost of Goods Sold = Sales - Gross Profits

Cost of Goods Sold = $543,500 - ($543400 x 40%)

Cost of Goods Sold = $ 326,100

4 0

3 years ago

Does anyone know what business stands for? I am a boy.

Verdich [7]

a person's regular occupation, profession, or trade.

6 0

3 years ago