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2 years ago

Merits of itinerant traders

Business

1 answer:

frutty [35]2 years ago

6 0

Answer:

Explanation:

1. Less capital: itinerant retailers have to move from one place to another , so they don't have to invest huge capital. For example: hawkers and paddlers have to buy just a hawker and some amount of goods which they can carry.

2. Services to doorsteps: these retailers provides their goods and services at the doors of the customers. For example: a vegetable seller sells vegetables at the doors of the customers .

3. Elasticity: the goods they sells are usually perishable in nature and whose substitutes are available in abundance. Therefore, these goods are highly elastic .

4. Economy: the goods which itinerants sells are economically cheaper, which even a low class of society can buy. For example: non-branded goods.

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The dodd-frank wall street reform and protection act stipulated that if more than $1 million is collected, the whistle-blower is

kirill [66]

Question:

The Dodd-Frank wall street reform and protection act stipulated that if more than $1 million is collected, the whistle-blower is entitled to _____ of the monies collected.

A) between 10 and 30 percent

B) a minimum of 50 percent

C) a minimum of 75 percent

D) between 50 and 75 percent

Answer:

The correct answer is A) Between 10 and 30 percent of the monies collected.

Explanation:

The Dodd–Frank Wall Street Reform and Consumer Protection Act (also known as Dodd–Frank) is a US Federal Law that was instituted on July 21, 2010.

It was created to revamp the financial regulation in the aftermath of the Great Recession, and brought about reforms to all federal financial regulatory agencies and almost every part of the nation's financial services industry.

Under the act, whistle blowers were promised 10-30 percent of all monies collected.

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3 years ago

Denmark is a good example of a nation-state because:.

inna [77]

Denmark is a good example of a nation-state because nearly all Danes speak D.anish and live in Denmark.

<h3>What is nation-state?</h3>

Basically, a nation-state refers to sovereignty or state that is ruled in the name of a community of citizens that identify themselves as a nation.

Generally, the main component of a nation-state is presence of only one culture and language.

Therefore, the Option A is correct.

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2 years ago

Managerial accounting is governed by generally accepted accounting principles (gaap). a. true b. false

diamong [38]

This is a False Statement.

Generally Accepted Accounting Principles (GAAP) need not be followed by managerial accountants when preparing management reports.

Specifically, management accounting aims to

provide Information for internal Organisation managers

providing details to governmental regulating bodies

Information for shareholders, the accounts payable department, and other parties outside the company

information to shareholders, accounts payables, and other parties outside the company, as well as information to management inside the firm.

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1 year ago

What standard describes uniform, enterprise-wide cabling systems, regardless of who manufactures or sells the various parts used

ira [324]

Uniform, employer-wide cabling structures, no matter who manufactures or sells the diverse elements used in the system of gadget.

An employer analytics method allows companies to discover the equipment and techniques they need to installation to work with these large facts units and extract meaningful insights from them that can be used to tell enterprise choices. It needs in order to exchange over the years to meet evolving commercial enterprise needs.

Enterprise cabling structures are going through a big paradigm shift. inside the past, one of the principal capabilities of a cabling device changed into to attach the laptop and IP telephone in workstations to the business enterprise community spine. that is swiftly

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1 year ago

Gladstone Company tracks the number of units purchased and sold throughout each accounting period but applies its inventory cost

Ilya [14]

Answer:

Sale, March 14 (1,380 units) cost of goods sold = $117,200
Sale, August 31 (1,550 units ) cost of goods = $96,100
Ending inventory = 1,800 units

Explanation:

a. Cost Of Goods Sold Using LIFO

1. Sale, March 14 (1,380 units)

- from May 1 purchase)

1,130 units at $90= 1130*90= $101,700

from January 30 purchase

250 units from 2,150 units at $62 = $15,500

Total= 15,500+101,700= $117,200

2. Sale, August 31 (1,550 units )

- from January 30 purchase

1,550 units from 1900 units leftover

1550 at $62 = 1550*62= $96,100

b. Ending inventory

350 units leftover from January 30 purchase + 1,450 units of Beginning inventory, January 1 = 1,800 units

5 0

3 years ago

Merits of itinerant traders​

Merits of itinerant traders