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3 years ago

In ancient greece, what property made gold a more likely candidate for use as money than wine?

1 answer:

5 0

In ancient greece, the property that made gold a more likely candidate for use as money than wine was that the latter is more difficult than gold and is also more perishable. Gold is thus a better store of value than wine. Hope this answers the question.

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A manufacturing company that has only one product has established the following standards for its variable manufacturing overhea

n200080 [17]

Answer:

Variable overhead efficiency variance $ 8,018  Unfavorable

Explanation:

Variable overhead efficiency variance: Variable overhead efficiency variance aims to determine whether or not their exist savings or extra cost incurred on variable overhead as a result of workers being faster or slower that expected.

Since the variable overhead is charged using labour hours, any amount by which the actual labour hours differ from the standard allowable hours would result in a variance

Hours

2,700 units should have taken (2,700 × 3.20) 8640

but did take (actual hours) 9,400

Efficiency variance in hours 760 unfavorable

standard variable overhead cost per hour $10.55

Variable overhead efficiency variance $ 8,018 Unfavorable

Variable overhead efficiency variance $ 8,018  Unfavorable

8 0

3 years ago

The price a property will bring when neither the buyer nor the seller is acting under duress and it has been on the market for a

PilotLPTM [1.2K]

Answer:

The answer is arms- length transaction

Explanation:

The price a property will bring when neither the buyer nor the seller is acting under duress and it has been on the market for a reasonable length of time is defined as arms- length transaction

7 0

3 years ago

A 10-year semi-annual coupon bond with an $1000 par value pays an annual coupon rate of 6% and the market requires 8% APR. What

arlik [135]

Answer:

Coupon= $30 per period.

20 period for semi annual coupon payment.

28.148% discount rate

Explanation:

1.) Coupon rate * face value of bond = coupon

semi annual rate =6%/2=3%

Coupon= 1000 *3%= $30 per period.

2.) t= number of periods = years of maturity * coupon payment semi-annual

t= 10 * 2 = 20 periods.

3. Discount rate formula =C+[(F-P)/t] / (F+P/2)

where C=coupon payment annual

F= face value of security

P=price of security= 1000 *8%=80

t= years of maturity.

so we have⇒ 60+[(1000-80)/10]/(1000+80)/2

=152/540

=28.148%

4 0

3 years ago

Margie Johnson is a staff accountant at ToolEx Company, a manufacturer of tools and equipment. The company is under pressure fro

QveST [7]

Answer and Explanation:

1. Margie Johnson would be ethically wrong if she grants the boss's favour to not report inventory shrinkage. Also financial statements would not show a true and fair view if she decides to follow what her boss is asking. She should report true inventory value in financial statements.

2. Yes Ryan is being professional since he is out to improve company's sales and income even though he may be putting pressure on employees to work overtime

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3 years ago

Majority rule, first-come/first-served, and sharing equally are examples of _____ .

Trava [24]

The examples mentioned above are examples of non-market distribution method, Non-market distribution method is a process wherein the distribution products, services, and goods does not have profit motivation. In most cases, products, goods, and services are offered for a low price.

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3 years ago

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