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Andrei [34K]
3 years ago
12

What is a commodity?

Business
2 answers:
Bas_tet [7]3 years ago
8 0

The answer is: D.Something of value that can be bought, sold, or traded

Commodity would be constantly exchanged between one person to another. For the exchange to happen, each persons involved need to agree to a certain extent that they will get something with an equal value.

Examples of commodities in united states are: Mobile phones, laptop, Snacks,  movies, massage service, etc.

Talja [164]3 years ago
6 0

The answer is D!!!!!!!!!

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Employee ExemptionsIdentify each job as generally being considered exempt or not from minimum wage or overtime pay (write a or b
tigry1 [53]

Answer:

certain jobs are excluded from minimum wage or overtime requirements. E.g. generally white collar jobs are exempt. Exemptions include other types of jobs, especially temporary jobs.

__B___ 6. Auto mechanic

___A__ 7. Fruit picker ⇒ seasonal job

__A___ 8. Worker on a foreign-flag cruise ship ⇒ they are not employed by an American company

__B___ 9. Librarian

__A___ 10. Taxi driver ⇒ earn sales commissions

__A___ 11. Real estate agent ⇒ earn sales commissions

__B___ 12. Bellperson at a hotel ⇒ They are not exempt, but their minimum wage is much lower.

__A___ 13. Computer programmer (paid more than $27.63 per hour)

__A or B___  14. Hairdresser ⇒ depends if they are paid based on sales commission or not, or if they receive tips. Hairdressers that receive commissions are exempt, and those who receive tips have a lower minimum wage. Only hairdressers that are paid on an hourly rate and do not receive commissions or tips must be paid a minimum wage. This applies generally to apprentices.

__B___ 15. Bank teller

4 0
3 years ago
Which inventory costing method results in the lowest net income during a period of rising inventory​ costs?.
scoray [572]

Due to the greatest cost of goods sold, the LIFO (Last In Last Out) technique displays the lowest net profitability. Compared to the other techniques of inventory valuation, the cost of goods sold for the LIFO approach is the greatest.

<h3>Which technique of inventory valuation will result in the lowest net profit?</h3>

The application of LIFO will produce the lowest net income and the greatest estimated cost of goods sold among the three options during periods of inflation.

<h3>Which method of inventory has the lowest income tax rate?</h3>

LIFO is the inventory cost flow method that yields the lowest income tax liability. A form of inventory cost flow mechanism called last-in-first-out (LIFO) operates under the presumption that the last item acquired will be the first item to be sold.

<h3>In an era of inflation, which inventory method results in the lowest income tax?</h3>

Due to increasing COGS, LIFO leads to reduced net income (and taxes). However, under LIFO during inflation, there are fewer inventory write-downs. Results from average cost are in the middle of FIFO and LIFO.

To Know more about techniques

brainly.com/question/13655064

#SPJ4

7 0
1 year ago
When total production is greater than total expenditures, __________ is produced than households want to buy, which leads to ___
Tom [10]
If the total production exceeds the total expenditures this means that there are more goods are produced than the demand of each households. Thus, this will lead to an increase of inventory. Then this will signal the manufacturing firm that they have overproduced the goods which will lead to cut back the production. This leads to lesser prices and/or unsold goods alongside with the likelihood of unemployment. Therefore the answer is d.
6 0
3 years ago
If the firm is facing the threat of trade barriers such as high import tariffs or quotas and the firm has proprietary technology
Andreyy89

Answer: b. Foreign direct investment.

Explanation: This is when a firm or business owns more than 10% of a a foreign company.

A foreign direct investment can be made by getting a lasting interest or by expanding one’s business or company into a foreign country.

The lasting interest makes Foreign Direct Investment from foreign portfolio investments, where investors passively hold securities from a foreign country.

6 0
3 years ago
Read 2 more answers
Closing costs are calculated based on _____. loan amount minus down payment down payment made selling price of the house selling
olga_2 [115]

Answer

Closing costs are calculated based on price of the house minus down payment

Explanation

Closing costs are either brought as cash to closing or financed into a loan.They are usually used when people buy or rent properties and the closing cost is the amount a person pays based on the down payment. To estimate the closing cost, you subtract the down payment from the purchase price of the home.

7 0
3 years ago
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