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3 years ago

Explain why cattle would not be good to use as money today

2 answers:

5 0

Cattle would not be good used as currency today because some cattle can be more unhealthy than another causing disputes. Also when paying in a store it would be a great inconvenience.

Snowcat [4.5K]3 years ago

5 0

Money has taken many forms through the ages: shells, wheels, beads and even cows. All forms, though, have always had three things in common. Find out what in this eight-minute episode of our Economic Lowdown Podcast Series. You will also learn how commodity money differs from representative money and how both differ from today's fiat money.

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Supply chain management plays a dual role. Its first role is as a communicator of customer demand that extends from the point of

Iteru [2.4K]

Answer:

The statement is: True.

Explanation:

Supply Chain Management aims to streamline the processes involved in the supply chain. The supply chain is a complex network of activities and resources involved in transferring raw materials, parts, and finished goods from initial manufacturers to end consumers.

<em>We could say then, that the supply chain management has a dual role: one driven by the manufacturers needs to be communicated to suppliers and the second represented by the number of activities that the supply chain processes demand managers and engineers to structure.</em>

8 0

3 years ago

Immediately upon receipt of cash, a responsible employee should

Ulleksa [173]

Answer:

B. Prepare a listing of remittances

Explanation:

The employee receives a cash receipt only when some expense is incurred on behalf of the company. This clearly validates that as soon as the receipt is received the listing of remittances shall be prepared.

This listing basically signifies that all the expenses shall be paid off, as incurred on behalf of company, or any kind of bill is pending for payment of goods acquisition, then it shall be paid off, and entered in the list where all remittances has to be made.

6 0

3 years ago

Declining transport rates per unit of weight as the weight shipped increases represents ______.

Likurg_2 [28]

Answer: economy of scale

Explanation:

8 0

1 year ago

Explain 3 classes of occupation and give two examples each

maks197457 [2]

Answer:

the three types of occupation are basic level occupation . medium level occupation and high level occupation

8 0

3 years ago

You wish to retire in 14 years, at which time you want to have accumulated enough money to receive an annual annuity of $17,000

solmaris [256]

Answer:

$5872.55

Explanation:

According to the scenario, computation of the given data are as follow:-

At the retirement time required amount of money

Present value=PMT × 1 - (1 + rate) - time period ÷ rate

=$17000 × 1 - ( 1 + 0.10) -19 ÷ 0.10

=$17000 × 1 - (1.10) - 19 ÷ 0.10

=$17000 × 1 - 0.16351 ÷ 0.10

=$17000 × 0.83649 ÷ 0.10

=$17000 × 8.3649

= $142,203.3

Now Pre retirement amount of money:-

Future value = $142,203.3

Annual contribution PMT = future value × rate ÷ (1 + rate) time period - 1

= $142203.3 × 0.08 ÷ (1 + 0.08) 14 - 1

= $11376.264 ÷ (2.937194 - 1)

= $11376.264 ÷ 1.937194

= $5872.55

According to the analysis, annual contribution to the retirement fund is $5872.55

We simply applied the above formulas

5 0

3 years ago