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4 years ago

Question 4 of 10

Business

1 answer:

balu736 [363]4 years ago

7 0

Answer:

B. It allows people to buy, sell, and trade goods efficiently.

Explanation:

Medium of exchange refers to an intermediary instrument used to facilitate trade or the transfer of goods and services between parties. An item must be acceptable by the parties involved in the transaction to be used as a medium of exchange. It should represent a fair standard of value.

Money is the most widely used and accepted medium of exchange. It facilitates an easy and quick transfer of goods and services between buyers and sellers. Without money, the selling of goods and services would be conducted on barter trade. Money as a medium of exchange facilitates smooth transactions in business.

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List dawn (5)habits for good delivery that a speeker need to develope

dybincka [34]

Answer:

Explanation:

Think and Speak Visually to "Create Word-Pictures"

Discover the Art of the Conversation.

4 0

3 years ago

Due to a drought in Georgia, the market price for peanuts rises by 20% nationwide. If the price elasticity of demand for peanuts

I am Lyosha [343]

Answer:

Since the price of peanuts increased by 20% and the price elasticity of demand is 0.8, then the quantity demanded will decrease by 16%.

Since the decrease in quantity demanded is proportionally smaller than the increase in price, then total revenue for farmers not affected by the drought should increase.

E.g. 100 pounds of peanuts sold at $10 per pound, total revenue = $1,000

price increased to $12 (20% increase) and quantity demanded decreased to 84 pounds.

total revenue = $12 x 84 pounds = $1,008

5 0

3 years ago

If the sales mix is maintained, what is the total contribution margin when 180,000 units are sold? What is the operating inco

yanalaym [24]

Answer:

the question is incomplete:

The Kowalski Company has three product lines of belts - A, B, and C - with contribution margins of $3, $2, and $1, respectively. The president foresees sales of 180,000 units in the coming period, consisting of 18,000 units of A, 90,000 units of B, and 72,000 units of C. The company's fixed costs for the period are $272,000. Read the requirements.

2. If the sales mix is maintained, what is the total contribution margin when 180,000 units are sold? What is the operating income?

contribution margin = sales revenue - variable costs

in this case, we are given the contribution margin per unit sold:

belt A: contribution margin = $3, 18,000 units sold
belt B: contribution margin = $2, 90,000 units sold
belt C: contribution margin = $1, 72,000 units sold

total contribution margin = (18,000 x $3) + (90,000 x $2) + (72,000 x $1) = $54,000 + $180,000 + $72,000 = $306,000

operating income = contribution margin - period costs = $306,000 - $272,000 = $34,000

6 0

4 years ago

Compare and contrast factors of production growth, financial system, and unemployment rates on the economy

solniwko [45]

<u>Answer:</u>

Economic growth is an expansion in the creation of goods and enterprises over a particular period. Precisely, the estimation must expel the impacts of inflation. Profitability gains have additionally driven economic development. That estimates how much every hour of worker time delivers in yield. It is a free-advertise economy that empowers mechanical events.

A country's national bank can likewise spike development with money related strategy. It can build the cash supply by lower loan costs.

4 0

3 years ago

g A company is evaluating a project requiring an initial cash outflow of $2 million. The investment will generate cash flows for

QveST [7]

Answer:

Explanation:

NPV of first option = - 2 + 1 / 1.1 + 1 / 1.1² + 1 / 1.1³ + 1 / 1.1⁴ + 1 / 1.1⁵

= -2 + .909 + .826+ .751+.683+ .620 = $1.789

NPV of the second option :--

NPV when annual cash flow is 1.5 million

-2 / 1.1 + 1.5 /1.1² + 1.5/1.1³ + 1.5 / 1.1⁴ + 1.5 / 1.1⁵ + 1.5 / 1.1⁶

= -1.818 + 1.239 + 1.127+1.024+.931+.846

= -1.818 + 5.167

= 3.349

NPV when annual cash flow is 0.5 million

-2 / 1.1 + .5 /1.1² + .5/1.1³ + .5 / 1.1⁴ + .5 / 1.1⁵ + .5 / 1.1⁶

= - 1.818 + 1.722 = $ -0 .096

NPV = .65 x 3.349 - .35 x .096

= 2.177 - .0336

= $2.1434

value of option wait = $2.1434 - $1.789

= $ 0.3544

5 0

3 years ago