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2 years ago

Could someone help me with these questions?! I need help fast

Business

1 answer:

marysya [2.9K]2 years ago

3 0

9 - f
10 - b
11 - d
12 - e
13 - c
14 - a

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A negotiable instrument can function as a substitute for cash.

andreyandreev [35.5K]

1.A negotiable instrument can function as a substitute for cash.- TRUE

2. a time draft is payable at a definite future time. TRUE

3. promissory note payable to "bearer" is not negotiable. - FALSE (It is negotiable)

4. A certificate of deposit is a type of note. - TRUE

5. A signature can consist of a word, mark, or symbol. - TRUE

6.An instrument that promises to pay "in gold" can be negotiable.- FALSE ( Anything payable in the form of a commodity like gold cannot be negotiable)

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2 years ago

-.a) State the main function of a business.

EastWind [94]

Answer:

The main function of a business is to add value to the customers they have chosen to serve.

A business simply satisfies a need or want of people and tries to make something convenient and easy for them.

The more a business understand the requirements, needs and wants of their customers, the more they add value and the more they will remain a successfully company.

Explanation:

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3 years ago

Blossom Corporation, a manufacturer of ethnic foods, contracted in 2020 to purchase 470 pounds of a spice mixture at $2.35 per p

Sveta_85 [38]

Answer:

No gain or loss.

Explanation:

Given:

Amount of spice mixture = 470 pound

Current price = $2.35 per pound

Future price = $2.73 per pound

Computation:

We know that, Future price of spice mixture is higher than current price of spices.

But contract price is fixed at $2.35.

Therefore, no gain or loss will be recognized.

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3 years ago

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Moorman Corporation has an activity-based costing system with three activity cost pools--Processing, Setting Up, and Other. The

Svetlanka [38]

Answer:

Overhead:

Other 18,750

Setting up 13,200

Processing 34,850

Explanation:

We multiply each activity cost pool by the rate of each department, then we add them to get the total overhead per department:

Processing

Depreciation: 55% x 59,000 = 32,450

Indirect labor: 30% x 8,000 = 2,400

Total: 34,850

Setting Up

Depreciation: 20% x 59,000 = 11,800

Indirect labor: 20% x 8,000 = 1,600

Total: 13,200

Other

Depreciation: 25% x 59,000 = 14,750‬

Indirect labor: 50% x 8,000 = 4,000

Total: 18,750

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3 years ago

Which of the following has the largest impact on opportunity cost?

Mrrafil [7]

Consumer wants because the want of people are very greedy and needs to be decreased but it’s not so it’s at its largest

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2 years ago

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