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3 years ago

Currency should have all the following characteristics EXCEPT:

1 answer:

kramer3 years ago

7 0

C. It should be scare.

This is not a characteristic of the currency, because it is a nominal product of the economy behavior. Therefore, is there are plenty of goods and services in an economy, the currency must follow that.

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During August 2018, Bingham Company recorded the following: bullet Sales of $ 68 comma 900 ($ 55 comma 000 on account; $ 13

Paraphin [41]

Answer:

Explanation:

Direct Method

Aug

Dr Accounts Receivable 55,000

Dr Cash 13,900

Cr Sales 68,900

Dr Cash 45,100

Cr Accounts Receivable 45,100

Dr Bad Debt Expense 1,680

Cr Accounts Receivable 1,680

Dr Accounts Receivable 300

Cr Bad Debt Expense 300

Dr Cash 300

Cr Accounts Receivable 300

Allowance Method

Dr Accounts Receivable 55,000

Dr Cash 13,900

Cr Sales 68,900

Dr Cash 45,100

Cr Accounts Receivable 45,100

Dr Allowance for Doubtful debts 1,680

Cr Accounts Receivable 1,680

Dr Accounts Receivable 300

Cr Allowance for Doubtful debts 300

Dr Cash 300

Cr Accounts Receivable 300

8 0

3 years ago

Which of the following constraints correctly describe this requirement: The management also requires produce at least one kg of

Leviafan [203]

Answer:

a. 5X1 + X 2 ≥ 0

Explanation:

Product 2 = X2

Product 1 = X1

Mass in kg of product (X1) = 5

Mass in kg of product (X2) ≥ 1 (atleast 1 kg)

Combining these Constraint :

For every 5kg of X1 ; X2 ≥ = 1

Hence ;

5X1 + X2 ≥ 0

8 0

2 years ago

Crane Company has the following sales data: August September October November December Cash Sales $4000 $5000 $6000 $7000 $16000

umka21 [38]

Answer:

<em>Collections for September is $ 57,100</em>

Explanation:

Computation of cash receipts for September

Collections from cash sales of September $ 5,000

Collections from credit sales of August - 57 % of $ 50,000 $ 28,500

Collections from credit sales of September 40 % of $ 59,001 <u>$ 23,600 </u>

Total collections for September $ 57,100

5 0

3 years ago

to insure goods to send them overseas it costs the exporter 5/2% of the value of the goods. if the goods are valued at 16.400$,

Marianna [84]

Answer:

the insurance cost is $410

Explanation:

The computation of the insurance cost is shown below:

Given that

The exporter charged 5 by2% of the value of the goods for insured the goods

And, the goods are valued at $16,400

So the insurance cost is

= $16,400 × 5 ÷ 2%

= $16,400 × 2.5%

= $410

hence, the insurance cost is $410

3 0

2 years ago

Fremont Enterprises has an expected return of 18 % and Laurelhurst News has an expected return of 21 %. If you put 43 % of your

Umnica [9.8K]

Answer: 19.29%

Explanation:

From the question, Fremont Enterprises has an expected return of 18% and 57% of the portfolio is put in Fremont. The portfolio return of Fremont will be the expected return multiplied by the weight. This will be:

= 18% × 57%

= 18 × 0.57

= 10.26%

We are also told that Laurelhurst News has an expected return of 21% and that 43% of the portfolio is put in Laurelhurst News. The portfolio return here will be the expected return multiplied by the weight. This will be:

= 21% × 43%

= 21% × 0.43

= 9.03%

The the expected return of the portfolio will now be:

= 10.26% + 9.03%

= 19.29%

4 0

3 years ago