Answer:
B
Explanation:
Money has several functions, one of its principal function is using it as unit of account. By comparing the amount in dollars spent on running a car yearly to annual earnings instead of keeping track in terms of gasoline cost and quarts of oil shows that money has been used as a unit of account.
This means that the amount of gasoline gallons bought and quarts of oil has been essentially replaced by the cost of these purchases and hence avail is the power to use money as a unit of account
The income from property taxes benefits the entire community by funding essential services and public works.
Funding refers back to the money required to start and run a commercial enterprise. it is a financial funding in a agency for product improvement, manufacturing, growth, income and marketing, workplace spaces, and inventory.
Funding is the act of imparting assets to finance a want, application, or challenge. at the same time as that is commonly inside the form of money, it may additionally take the shape of an attempt or time from an enterprise or business enterprise. The main resources of funding are retained profits, debt capital, and fairness capital.
Agencies use retained earnings from business operations to expand or distribute dividends to their shareholders. Companies boost finances by means of borrowing debt privately from a bank or by way of going public (issuing debt securities).
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Yes this statement is true.
Explanation:
The sale of banana will add the twice contribution in the GDP as because the price is double and the sell of every single unit in the market in comparison of apple is able to add more currency in the economy than a sell of every single unit of apple.
The higher price may affect the sale as people will move to the other alternative but how much sell of banana will take place will able to add more money in the market as compared to apple.
Calculation of Cost of Goods Sold for Versaille company:
It is given that Versaille Company has the cost of goods manufactured $325,000, beginning finished goods inventory $150,000, and ending finished goods inventory $175,000. The Cost of Goods Sold can be calculated using the following formula;
Cost of Goods Sold = Cost of goods manufactured + beginning finished goods inventory - ending finished goods inventory
= 325,000+150,000-175,000
= $300,000
Hence, the cost of goods sold for Versaille company is <u>$300,000</u>
The first step in the design process is to find out as much as you can about the organization.
It is not possible to design something for a company if you do not know what will work for the company and what will not.
This is why the first step in the design process is to find out as much as you can about the company in question which in this case is Harrison and Associates.
Some questions you can ask Harrison and Associates include:
- their goals and visions
- the sophistication of the computers they have and what it can take
- the software their computers are capable of running
- the type of security system and safeguards they will need
These will help you determine what kind of systems they need so that you can go about finding ways to satisfy these needs.
In conclusion, the first step of the design process is very important because that is where you find out exactly what the client wants so that you can do what you can.
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