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3 years ago

in a based economy transaction require that each party have something the other desires increase market

Business

1 answer:

Galina-37 [17]3 years ago

6 0

Answer:

The ansewr is a barter based economy.

In a barter based economy, goods are exchanged for other goods, because no good that takes the functions of money exists (unit of account, store of value, and medium of exchange).

Barter economies can work on a limited scope, but to a larger extent, they can become inefficient, because this type of economy requires a double coincidence of wants: both parties of the transaction must desire the other party's goods.

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A budget is a _____. net worth statement plan for saving and spending your money table that lists your goals for saving and inve

antoniya [11.8K]

I would say the answer is the second option. A budget is a plan for spending and saving your money. It is the allocation of the available to to your needs to live comfortably. It allows you to project or foresee what will be the available amount of money left for a certain period of time.

3 0

3 years ago

Read 2 more answers

Wells Company reports the following sales forecast: September, $55,000; October, $66,000; and November, $80,000. All sales are o

irakobra [83]

Answer:

Total= $65,100

Explanation:

Giving the following information:

Wells Company reports the following sales forecast: September, $55,000; October, $66,000; and November, $80,000.

Collections of credit sales are received as follows: 25% in the month of sale, 60% in the first month after sale, and 10% in the second month after sale. 5% of all credit sales are written off as uncollectible.

Cash collection November:

November= 80,000*0.25= 20,000

From October= 66,000*0.6= 39,600

From September= 55,000*0.10= 5,500

Total= $65,100

4 0

4 years ago

Company purchased equipment on January 1, 2017 for $600,000. The residual value is $60,000 and the estimated useful life is 10

Eduardwww [97]

Answer:

Annual depreciation 2017= $54,000

Explanation:

Giving the following information:

The company purchased equipment on January 1, 2017, for $600,000. The residual value is $60,000 and the estimated useful life is 10 years.

Under the straight-line depreciation method, the annual depreciation is the same in all of the useful life. We need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (600,000 - 60,000)/10= $54,000

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4 years ago

There are four consumers willing to pay the following amounts for haircuts, and there are four haircutting businesses with the f

kirza4 [7]

Answer:

what in th world

Explanation:

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4 years ago

A company’s ______ delineates management’s aspirations for the business providing a panoramic view of ""where we are going"" and

bogdanovich [222]

Answer:

The correct word for the blank space is: strategic vision.

Explanation:

The strategic vision of a company outlines the path the organization should follow and the set of steps that are to be taken to reach the firm's objectives in the long term. Compared to the mission, the vision is in charge of answering the question of <em>what the impact of the organization's operations will be for the internal environment of the firm</em>.

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4 years ago