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3 years ago

What is likely to be the role of agri- culture in a traditional economy?

Business

1 answer:

beks73 [17]3 years ago

4 0

Answer:

The traditional economies do depend on agriculture, fishing, hunting, gathering, or any combinations. They usually barter instead of using money. Most traditional economies work in emerging markets and developing countries. They are often in Africa, Asia, Latin America, and the Middle East.

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The following information is available for Windsor Corporation for the year ended December 31, 2022.

expeople1 [14]

Answer:

Windsor Corporation Statement of Cashflows For

Year Ended December 31, 2022

Cashflow from Operating Activities:

Net Income $337,500

Adjustments to reconcile net income to

Net Cashflow from Operating Activities:

Add: Depreciation 82,000

Less: Accounts Payable decrease (3,300)

Accounts Receivable increase (9,200)

Inventory increase (12,300)

Add: Income tax payable increase 4,900

$62,100

Net cashflow: Operating Activities $399,600

Cashflow from Investing activities:

Add: Sale of Land 40,000

Less: Purchase of Building (149,500)

Net cashflow: Investing activities ($109,500)

Cashflow from Financing activities:

Less: Cash dividends paid (10,100)

Purchase of treasury stock (37,000)

Add : Bond issuance 225,000

Net cashflow: Financing activities $177,900

Total Cashflow increase (decrease) $468,000

Beginning Cash balance $40,000

Ending Cash balance $508,000

7 0

3 years ago

Ketchum & Lushene Hardware sells 100 hammers daily. The supplier takes two days

Softa [21]

Answer:

He should reorder when he is left with 200 hammers.

Explanation:

Reorder point is the trigger which informs the businessmen to order the inventory when the stock is used.

Reorder point = Safety Stock + (Average daily usage of units * Average lead time in days )

Reorder Point = 0 + (100 hammers * 2 days)

Reorder Point = 200

8 0

3 years ago

Bristo Corporation has sales of 2,080 units at $50 per unit. Variable expenses are 25% of the selling price. If total fixed expe

Mumz [18]

Answer:

Degree of operating leverage = 7.8

Explanation:

given data

sales = 2,080 units

per unit price = $50

Variable expenses = 25%

total fixed expenses = $68,000

solution

we get here Degree of operating leverage that is express as

Degree of operating leverage = Sales - variable cost ÷ (sales - variable cost - fixed cost) .......................1

here

Sales = 2080 × 50 = 104000

and

Variable cost = 104000 × 25% = 26000

so now put value in equation 1 we get

Degree of operating leverage = $\frac{104000-26000}{104000-26000-68000}$

Degree of operating leverage = 7.8

3 0

3 years ago

Macroland, currency held by the public is 2,000 econs, bank reserves are 300 econs, and the required reserve/deposit ratio is 10

I am Lyosha [343]

Answer:

D)5,000; 7,000

Explanation:

Public is holding 2000 econs and banks reserves are 300 econs. It is mentioned that reserve requirement is 10%.

So total bank deposits must be 3000. Money supply in the economy is (3000 + 2000 = 5000)

When the reserve ratio is 0.1, that means the money multiplier is 10.

If there is an additional inflow of currency because of printing 200 econs by central bank then because of multiplier effect it will be 2000 econs.

Money supply from earlier 5000 econs will become 7000 econs.

Option D is correct.

7 0

3 years ago

Tender Love, a company that manufactures maternity care products, holds workshops from time to time. During the workshops, train

BabaBlast [244]

Answer: Missionary marketing is indirect selling. The salesperson provides the information about the product and tries to influence the buying decision.

Explanation: This marketing strategy is used to convince a person who is new to the product or has never used the product. The motive is to influence than direct sale. The salesperson is known as Detailer. Here Tender Love is practicing the same marketing strategy.

3 0

3 years ago