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qwelly [4]
3 years ago
12

Why is barter inefficient?

Business
1 answer:
Alexxandr [17]3 years ago
3 0

Answer:

People didn't want to trade their goods for other goods anymore.

Explanation:

People wanted to have both their item and another item (which they wanted to buy). Then currency was invented.

You might be interested in
Avery Co. has $1.1 million of debt, $1 million of preferred stock, and $2.2 million of common equity. What would be its weight o
Vladimir79 [104]

Answer:

0.26

Explanation:

Given that :

Value of debt = $1.1 million

Value of preferred stock = $1 million

Value of common equity = $2.2 million

Total value of company's funds :

(value of debt + value of Preffered stock + value of common equity)

(1.1 + 1 + 2.2) million

= $4.3 million

Hence, weight of debt :

Value of debt / total value of company's funds

$1.1 million / $4.3 million

= 0.2558

= 0.26

7 0
3 years ago
Minor Company installs a machine in its factory at the beginning of the year at a cost of $135,000. The machine's useful life is
sasho [114]

Answer:

$25,800

Explanation:

The units-of-production deprecation method depreciates an asset based on the total units produced each year.

Unit of production depreciation expense = (units produced / total expected units of production) × (cost of asset - salvage value)

(64,500 / 300,000) x ($135,000 - $15,000)

0.215 x $120,000 = $25,800

I hope my answer helps you

6 0
3 years ago
At friendly financial consulting, wayne thurston is allowed to choose what time he starts his workday, and can come to work any
9966 [12]

The correct answer is flex time.

Wayne is working under a system of flex time. Flex time is a system of working a set number of hours with the starting and finishing times chosen within agreed limits by the employee.

4 0
3 years ago
Dillon Corporation splits its common stock 2 for 1, when the market value is $40 per share. Prior to the split, Dillon had 50,00
slavikrds [6]

Answer:

D. is reduced to $5 per share

Explanation:

Please see attachment.

4 0
3 years ago
Describe markings on a road that indicate that it is safe to pass. (What type and color of marking)
Natalka [10]
The correct answer is a yellow dashed line. I hope that this helps!!!
3 0
3 years ago
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