All categories

3 years ago

What helps the resources and goods and services move around the circular flow?

Business

1 answer:

Nostrana [21]3 years ago

4 0

Answer: d. money

Explanation: the flow of the resources, goods and services move around in a clockwise flow while money flow in an anticlockwise flow. This is to say without money, the flow of goods and services will be impossible.

You might be interested in

Review the information in the chart with reasons for and against adding juice boxes to the high school lunch menu.A 2-column tab

Andreas93 [3]

Answer:

D. Juice boxes contain too much sugar to be considered a nutritious fruit choice

Explanation:

bc it’s the only option against juice boxes

6 0

3 years ago

Read 2 more answers

A multi-location flower shop receives payment from customers in person, over the Internet, and through the mail. When checks com

hoa [83]

Answer:

To reduce the chance of fraud.

Explanation:

An appropriate practice to reduce transaction fraud would be "traceability," which is the ability to track and follow the supply chain of some manipulation. This greatly helps prevent fraud and loss of information.

Financial frauds are actions that a person performs in order to obtain a profit of their own at the cost of damage the economy of another.

7 0

3 years ago

Velocity, a consulting firm, enters into a contract to help Burger Boy, a fast-food restaurant, design a marketing strategy to c

romanna [79]

Answer:

the journal entries:

to record the contract

Dr Accounts receivable 96,000

Dr Bonus receivable 2,400

Cr Service revenue 98,400

to record adjustment of bonus receivable at month 5:

Dr Service revenue 6,400

Cr Bonus receivable 6,400

to record service revenue for the fifth month:

Dr Accounts receivable 96,000

Dr Bonus receivable 800

Cr Service revenue 96,800

to record getting the bonus:

Dr Cash 32,000

Cr Bonus receivable 6,400

Cr Service revenue 25,600

Explanation:

total value of the contract:

[($96,000 x 8) + $32,000] x 0.8 = $640,000

[($96,000 x 8) - $32,000] x 0.2 = $147,200

total expected value = $787,200

expected value of the bonus = $787,200 - ($96,000 x 8) = $19,200, monthly bonus receivable $19,200 / 8 = $2,400

the adjustments required during the fifth month:

[($96,000 x 8) + $32,000] x 0.6 = $480,000

[($96,000 x 8) - $32,000] x 0.4 = $294,400

total expected value = $774,400

expected value of the bonus = $774,400 - ($96,000 x 8) = $6,400, monthly bonus receivable $6,400 / 8 = $800

5 0

3 years ago

Which of the following types of venue is favored by small-business retailers?

kondor19780726 [428]

The type of venue that small-business retailers favor is C.SPECIALTY SHOP.

Being in a specialty shop, your products will be prominently displayed and competition is minimal <span>compared to other given venues.

Customers, looking for specific items that you can offer, usually prefer going directly to the shops instead of wasting time looking around those bigger venues searching for items they need. </span>

8 0

3 years ago

At December 31, 2020, Desert Company reports the following balances for its liability accounts: 7% note payable issued 10/1/20

LekaFEV [45]

Answer:

Desert Company

The amount of notes payable that should be recorded as a current liability will be $520,000.

Explanation:

The 8% notes payable had been refinanced to a long-term notes payable. But, the 7% notes payable was still being negotiated for refinancing. Since the refinancing had not been agreed, the notes payable would still have a balance of $520,000. However, a note in accounts could state the fact that the notes payable was being negotiated for refinancing.

5 0

3 years ago