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4 years ago

A commodity that buyers and sellers both have will increase the efficiency of the market true or false

1 answer:

6 0

That statement is false
The market could be considered as efficient is the total products that the sellers supplied in the market is suitable to what the buyers need.
If the commodity is had by both sellers and buyers, there is no need for the buyers to spend money to obtain that commodity, which will lead to market inefficiency.

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Coronado Industries is constructing a building. Construction began on January 1 and was completed on December 31. Expenditures w

lubasha [3.4K]

Answer:

Coronado Industries

The weighted-average accumulated expenditures are:

= $8,388,333.

Explanation:

a) Data and Calculations:

Amount borrowed on June 1 = $3,170,000

Interest rate = 13%

Outstanding 11% 3-year note payable = $6,350,000

Outstanding 12% 4-year note payable = $12,350,000

Date Expenditure Weight Weighted-Average

Expenditure

March 1 $6,370,000 10/12 $5,308,333

June 1 $5,280,000 7/12 3,080,000

December 31 $8,650,000 0/12 0

Weighted-average accumulated expenditure $8,388,333

7 0

3 years ago

____ has experienced a rapid increase in the use of credit cards for purchase?

ch4aika [34]

Of countries?
Probably you mean Thailand then.

7 0

4 years ago

Which of the following users of accounting information are interested in the quality of a company assets?

kaheart [24]

Answer:

Explanation:

Well public is all about quality

7 0

3 years ago

after a bank reconciliation is completed, journal entries are prepared for items in the balance per company's records as well as

BaLLatris [955]

'After a bank reconciliation is completed, journal entries are prepared for items in the balance per the company's records as well as items in the balance per bank statement.

This statement is False.

In accounting, bank reconciliation is the process of reconciling the bank account balances on a company's books with the balances reported by financial institutions in their most recent bank statements. You should check the difference between the two numbers and correct if necessary.

Bank reconciliation is the process of reconciling cash book data with corresponding data on bank statements. This is an important process for the CFO's office and ensures the accuracy of the accounting records.

Bank reconciliation is an important internal control tool and is necessary to prevent and detect fraud. It also helps identify accounting and banking errors by explaining the difference between cash balances on accounting records and bank balances on bank statements.

Learn more about Bank reconciliation brainly.com/question/15525383

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7 0

1 year ago

In Marubeni America Corp. v. United States, the federal appellate court ruled that the Nissan Pathfinder was, for tariff classif

Hitman42 [59]

Answer: the tariffs will vary depending on the classification.

Explanation:

Tariff is a form of tax that is usually imposed on the imports that are brought from other countries to a particular country.

With regards to information provided in the question, the classification of goods is significant because the tariffs will vary depending on the classification.

6 0

3 years ago