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3 years ago

11

Money includes only the few types of wealth that are regularly accepted by sellers in exchange for goods and services. true or f

alse

2 answers:

Rom4ik [11]3 years ago

7 0

Answer: True

Explanation: think about reality what do people do for money

Yuri [45]3 years ago

6 0

Answer:

True

Explanation:

other than mone and other services most people will not accept anything else

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Your older and wiser sibling has offered to loan you some much needed money to help cover textbook expenses this semester. Since

masya89 [10]

Answer:

80 years

Explanation:

Data provided in the question:

Simple interest rate charged = 1.25% = 0.0125

Now,

Let principal amount be '$x'

we know, Simple interest = Principal × Interest Rate × Time

Since the debt is doubled this means the interest is equal to the principal amount

Therefore,

$x = $x × 0.0125 × Time

or

1 = 0.0125 × Time

or

Time = 1 ÷ 0.0125

or

Time = 80 years

3 0

3 years ago

Aquatic Equipment Corporation decided to switch from the LIFO method of costing inventories to the FIFO method at the beginning

barxatty [35]

Answer:

A. $816,000

B. Dr Inventory $60,000

Cr Retained earning $36,000

Cr Tax payable $24,000

Explanation:

A. Calculation to determine the balance in retained earnings at the time of the change

Using this formula

Retained earnings = Beginning retained earning balance + Adjusted net income

Let plug in the formula

Retained earnings=$780,000+ $60,000 × (1 - 40%)

Retained earnings=$780,000+($60,000×60%)

Retained earnings=$780,00+ $36,000

Retained earnings= $816,000

Therefore the balance in retained earnings at the time of the change is $816,000

2. Preparation of the journal entry at the beginning of 2009 to record the change in principle.

Dr Inventory $60,000

Cr Retained earning $36,000

[$60,000 × (1 - 40%)]

Cr Tax payable $24,000

($60,000-$36,000)

(Being to record the change in principle)

3 0

3 years ago

Assume that you have been hired as a consultant by CGT, a major producer of chemicals and plastics, including plastic grocery ba

Brilliant_brown [7]

Answer:

5.14%

Explanation:

Determining the pretax cost of debt is the first to do prior to ascertaining after tax cost of debt.

Pretax cost of debt can be computed using the rate formula in excel.

=rate(nper,pmt,-pv,fv)

nper is the number of times the bond would coupon interest,hence paying coupon every six months for 20 years means 40 coupon payments

pmt is the semiannual coupon bondholders would received from the bond i.e $1000*7.25%*6/12=$36.25

pv is the current market price at $875

fv is the face value of $1000

=rate(40,36.25,-875,1000)=4.28% semiannually

=4.28% *2=8.56% annually

after tax cost of debt=8.56%*(1-t),where t is the tax rate of 40% or 0.40

after tax cost of debt=8.56%*(1-0.4)=5.14%

8 0

3 years ago

Dr. Shetty is able to drive down the cost of complex medical procedures from $100,000 to $2,000 not by doing one big thing, but

aleksandrvk [35]

Answer:

C. process innovation

Explanation:

Based on the information provided within the question it can be said that the approach being used in this scenario is known as process innovation. This refers to implementing significant changes to the current techniques, equipment and/or software of an organization in order to significantly improve the overall processes/costs/products of the organization. Which is what Dr. Shetty has done by implementing thousands of small changes in order to drastically lower the costs.

6 0

3 years ago

The equipment salesperson asked the professional landscaper, "Did you know the RedMax brand backpack blower can save you time an

Greeley [361]

Answer:

B. customer benefit

Explanation:

Based on the information provided within the question it can be said that the salesperson was using a customer benefit approach. This refers to when a salesperson states the ways and features that will make the product or service valuable to the customer. This is what the salesperson was doing in this situation by stating that the product can save the person time and money with it's features thus adding value.

If you have any more questions feel free to ask away at Brainly.

7 0

3 years ago