Answer:
the Cowry Shell
Explanation:
The Cowry Shell were being used in the world as early as 700 BC in China. It is considered durable. For many years, cowries shell were utilized as a means of exchanges over the areas such as India and Africa, southern Europe, and China.
However, alcohol and cattle have never served as a general means of exchange, only on a few occasions used as a trade by barter. While gold can be remade in a less original version using less expensive metals and painting.
Hence, in this case, the right answer is THE COWRY SHELL
Answer:
true
Explanation:
long term means it will be used for a long time thus if the price is not constant and keeps rising it wont be effective
Mass customization (build to order)
Answer:
3 1/3 years
Explanation:
Payback period is the time required for the inflows from a project to be equal to the initial outflow for the project. It is a key consideration in capital budgeting. It is usually assumed that the outlay or initial outflow is made in year 0 and the first inflow comes in after a year.
Year Cash outflow Cash inflow Balance
0 ($50,000) - ($50,000)
1 - $15,000 ($35,000)
2 - $15,000 ($20,000)
3 - $15,000 ($5,000)
4 - $15,000 $10,000
5 - $15,000 $25,000
Hence the payback period
= 3 years and 5000/15000 * 12 months
= 3 years 4 months
= 3 1/3 years
Answer:
$ 52
Explanation:
Given data:
Price of the stock = $ 50
Commission per share = $ 2
Dividends received = $ 2
Now,
the dividends received is not the part of the stock's cost basis, but it is included in the taxable income for the year.
Therefore,
The customer's cost basis in the stock
= Price of the stock + commission per share
or
= $ 50 + $ 2
or
customer's cost basis in the stock = $ 52
