Answer:
The answer is;
people trade goods directly with goods rather than through using money
Explanation:
In that a barter economy, people trade goods directly with goods rather than through using money.
Money is not used in a barter economy. Barter economy was experienced a very long time ago.
For example, Mr A. has yam at home but needs rice, he has to look for someone that wants yam in exchange for the rice he needs
Answer:
They must deposit $5,113,636.36.
Explanation:
Giving the following information:
Cash flow= $225,000
Interest rate= 4.4 percent
To determine the amount to be deposited today, we need to use the perpetual annuity formula:
PV= Cf/i
Cf= cash flow
PV= 225,000/0.044
PV= $5,113,636.36
They must deposit $5,113,636.36.
Answer:
Businesses that produce good products are rewarded with profits
Explanation:
In the free enterprise system, governments do not interfere with economic activities in the country. The private sector does all the production and distribution of goods and services.
No restrictions are put in place on the type or number of businesses that entrepreneurs can operate. Due to this reason, business competition is very intense. Customers choose their preferred products from a wide variety offered by the many suppliers. Producers who make products that satisfy customers' needs are rewarded with profits.
Answer:
false
Explanation:
pretty sure that is false as one can have life insurance without property.
Still double check...
Answer:
c. variable selling and administrative expenses
Explanation:
On the variable costing income statement, the figure representing the difference between manufacturing margin and contribution margin is the <u>variable selling and administrative expenses.</u> Variable cost is comprised of cost of goods sold and selling and administrative expense when we deduct cost of goods sold from sales we get manufacturing margin and when we deduct further selling and administrative expense we get contribution margin.
