<span>In a barter-based economy, transactions require that each party have something the other desires. Money increases market efficiency by serving as a common commodity everyone wants. now a transaction requires only that the seller have something the buyer desires and that the buyer have enough money to pay the seller's asking price.
</span>A barter economy refers to a cashless financial framework in which goods and products are exchanged at arranged rates. Barter-based economies are one of the most earliest, originating before fiscal frameworks and even written history. Individuals can effectively utilize barter in numerous fields. Casually, individuals regularly take part in barter and other corresponding frameworks without extremely consistently pondering.
Answer:
Monetary downturn would perpetually cause fall in total interest in economy. Thus, interest for online music will fall also. Request bend will move to left and equilibrium will be built up at lower point. Following is chart:
Cost of houses Supply Old balance cost New Demand cost new equilibrium amount Old
Equilibrium value: Falls
Equilibrium Quantity: Falls.
In above graph DD tumbles to leftwards and now request bend converges the SS or supply bend at lower point. Balance is accomplished at lower point where both cost just as amount fall.
Answer:
Boze should report the deferred tax effect of this difference in its December 31, 2021, balance sheet as a liability of $58,800
Explanation:
According to the given data Boze Music's only depreciable asset exceeded its tax basis by $147,000 and there is a rate of 40% thereafter.
Therefore, in order to calculate what amount Boze should report the deferred tax effect of this difference in its December 31, 2021, balance sheet, we would have to make the following calculation:
deferred tax liabilty= $147,000×40%
deferred tax liabilty=$58,800
Boze should report the deferred tax effect of this difference in its December 31, 2021, balance sheet as a liability of $58,800
Answer:
net income = $24000
Explanation:
given data
investments = $60,000
withdrawals = $25,000
revenues = $93,000
expenses = $69,000
solution
we get here net income that is express as
net income = revenue - Expenses ................1
put here value we get
net income = $93,000 - $69,000
net income = $24000
Answer:
That statement is false
Explanation:
Managers still have the final say in determining the use of non-human resources. They just needs the accountants to provide data that help them in making their decision.
The accountants can calculate the value of resources that they have and create various models to find out future projections of the sales. Managers will rely on these projections to make a decision that will be the most efficient to reach organization's goals.