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3 years ago

What is used as a set of standard in measurement?

Business

2 answers:

fgiga [73]3 years ago

3 0

Explanation:

A unit of measurement is a definite magnitude of a quantity, defined and adopted by convention or by law, that is used as a standard for measurement of the same kind of quantity. ... Now there is a global standard, the International System of Units (SI), the modern form of the metric system.

Veseljchak [2.6K]3 years ago

3 0

A unit of measurement is a definite magnitude of a quantity, defined and adopted by convention or by law, that is used as a standard for measurement of the same kind of quantity.

Hope this helps

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Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote off an $800 account of a customer,

saul85 [17]

Answer:

Explanation:

The journal entries are shown below:

On January 31

Allowance for doubtful accounts A/c Dr $800

To Account receivable A/c $800

(Being the written off amount is recorded)

On January 31

Account receivable A/c Dr $300

To Allowance for doubtful accounts A/c $300

(Being the reverse entry is made)

On March 9

Cash A/c Dr $300

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3 years ago

Rising peanut prices have forced peanut butter makers to raise the price of a jar of peanut butter from $2 to $3 per jar, causin

Vanyuwa [196]

Answer:

37.5%

Explanation:

The percentage change in the price of a jar of peanut butter, using the midpoint method, is:

$P_B = \frac{3-2}{\frac{3+2}{2}}*100=40\%$

The percentage change in sales of jelly is 15%.

The cross elasticity of demand between peanut butter and jelly is:

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The cross elasticity of demand is 37.5%

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3 years ago

Refer to the following table to answer the following questions:

sineoko [7]

Answer:

Following are the answer to this question:

In question first, the answer is "Option d".

In question second, the answer is "Option e".

In question third, the answer is "Option e".

In question fourth, the answer is "Option e ".

In question fifth, the answer is "Option b".

Explanation:

Given values:

$Checkable \ deposits = \$ 400,000,000\\Currency = \$ 340,000,000\\Traveler's \ checks = \$ 4,000,000\\Money \ market \ mutual \ funds = \$ 50,000,000\\Small \ time \ deposits = \$ 6,000,000\\Savings \ deposits = \$ 850,000,000\\$

Solution:

$\text{M1= currency +checkable deposits + travellers check}$

= $400000000+$340000000+$4000000

= $744000000

$\bold{\text{M2 = M1 +money market mutual funds + small time deposit+ saving deposit}}$

= $744000000 + $50000000+$6000000+$850000000

= $1,650,000,000

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3 years ago

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3 years ago

What is used as a set of standard in measurement?​

What is used as a set of standard in measurement?