I need help with Accounting homework. I am not understanding it

what difference would it make to the economy if there were no money? What commodities might serve as money instead? Provide reas

tekilochka [14]

Answer:

Well, we would simply be reduced to a barter economy. Therefore we would have to trade items for items.

Explanation:

This is the way it is because "Barter" is The exchange (goods or services) for other goods or services without using money. So if we needed beef, we would have to give the person trading the beef something of ours. As for countries who want to trade, if one needs wool, and one needs iron, and country A has Iron and country B has wool They'd barter the two items.

5 0

2 years ago

______ consist of standards and tools that streamline and simplify communication among web sites and that promise to revolutioni

lesya692 [45]

The blank is Web services.

7 0

4 years ago

Parkway Void Co. issued 15-year bonds two years ago at a coupon rate of 9.4 percent. The bonds make semiannual payments. If thes

Marina86 [1]

Answer:

4.42% semiannually OR 8.84% annually

Explanation:

The actual return that an investor earn on a bond until its maturity is called the Yield to maturity. It is a long term return which is expressed in annual rate.

According to given data

Assuming the Face value of the Bond is $1,000

Coupon Payment = C = $1,000 x 9.4% = $94 annually = $47 semiannually

Price of the Bond = P = $1,000 x 105% = $1,050

Numbers of period = n = 15 years x 2 = 30 periods

Use Following Formula to calculate YTM

Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

Yield to maturity = [ $47 + ( $1,000 - $1,050 ) / 30 ] / [ ($1,000 + $1,050 ) / 2 ]

Yield to maturity = $45.33 / $1,025 = 0.0442

Yield to maturity = 4.42% semiannually OR 8.84% annually

8 0

4 years ago

Which of the following line items would appear on the income statement of a company that uses the periodic inventory system, bu

irga5000 [103]

Answer:

C) Cost of Goods Available for Sale

Explanation:

Cos of goods available for sale appears in income statement made under periodic Inventory system but it does not in the income statement made under perpetual inventory system. In per periodic system COGS is calculated by adjusting purchases, allowances for purchases, freight and all other cost to cost of goods available for sale. By deducting closing inventory we calculate the COGS. On other hand in perpetual system purchases are added in the opening and purchase return and closing inventory deducted to reach at COGS.

3 0

4 years ago

Donna wants to buy a new coat. During the ________ stage of the buyer decision process she will ask her friends to recommend sto

koban [17]

During the <u>information search</u> stage of the buyer decision process she will ask her friends to recommend stores that sell good quality winter wear clothing.

<u>Explanation</u>:

As a buyer, we always look into lot of recommendations and options to buy a product.

Information search is the major phenomena while buying a product. Information search helps in making decision for a consumer or purchaser.

Information search can be classified into two types:

i) Internal research

ii) External research

Newspapers, magazines and even word of mouth help in providing information during decision making process. This information search before buying a product helps the consumer to make good decision and gain profit over their purchase.

4 0

4 years ago