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2 years ago

Discuss any four ways in which Specialization has

Business

1 answer:

pishuonlain [190]2 years ago

4 0

Answer:

Specialization has helped in these four ways:

1. Has created economics of scale in Nigeria, which improve economic efficiency and increase output while reducing average costs at the same time.

2. Has improved the agricultural sector, which continues to be very important for the Nigerian economy.

3. Has helped bring the electrification of the country.

4. Has helped raise the standard of living in the country, because in general terms, the larger the economy, the higher the standard of living.

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Abc buys widgets for $5 cash and sells them on account for $8. At the point of sale, what is the effect on the cash flow of abc?

s2008m [1.1K]

At the point of sale, there is an increase in the effect on the cash flow of abc.

What is cash flow?

A cash flow is a real or virtual movement of money.

A cash flow in its narrow sense is a payment (in a currency), especially from one central bank account to another; the term 'cash flow' is mostly used to describe payments that are expected to happen in the future, are thus uncertain and therefore need to be forecast with cash flows.
A cash flow is determined by its time t, nominal amount N, currency CCY and account A; symbolically CF = CF(t,N,CCY,A).
It is however popular to use cash flow in a less specified sense describing (symbolic) payments into or out of a business, project, or financial product.
Cash flows are narrowly interconnected with the concepts of value, interest rate and liquidity. A cash flow that shall happen on a future day t(N) can be transformed into a cash flow of the same value in t(0).

To learn more about cash flow: brainly.com/question/10714011

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6 0

2 years ago

On June 1, Carla Vista Co. Ltd. borrows $108,000 from Acme Bank on a 6-month, $108,000, 4% note. The note matures on December 1.

evablogger [386]

Answer:

a) Journal entry

Date Account and explanation Debit Credit

June 1 Cash $108,000

Notes payable $108,000

b) Adjusting entry

Date Account and explanation Debit Credit

June 30 Interest expense $360

(108,000*4%*1/12)

Interest payable $360

c) Journal entry

Date Account and explanation Debit Credit

Dec 10 Notes payable $108,000

Interest payable (360*6) $2,160

Cash $110,160

d) Total (interest expenses)

Interest payable = $360 * 6

= $2160

5 0

3 years ago

What is valuable goods

tankabanditka [31]

Anything that is possessed with funds or luxury or heirloom items

4 0

3 years ago

6: the cost of a protein bar increased from $2.50 to $2.80. the percent increase in the $2.80 rate was how much?

fredd [130]

<span>The original cost of protein bar = $2.50
The increased cost of protein bar = $2.80
Therefore, the increase in price of the protein bar = $2.80-$2.50 =$0.30 percentage increase = (Difference in price / Original price) x 100
=(0.30/2.50)x100
=(3/25)x100
=3 x 4
=12%</span>

5 0

3 years ago

In its ads for athletic shoes, Sleek Feet LLC uses a trademark that is similar, but not identical, to the famous, registered mar

gogolik [260]

Answer: It might harm the reputation of Trend Flash Ltd. or distinguishing factor is impaired by using similar trademark by Sleek Feet LLC

Explanation:

According to the question, Sleek Feet LLC is using similar or alike trademark for their product(shoes) as well-established corporation ,Trend Flash already uses in registered form.

Having similar trademark can confuse consumers as they might not able to identify the difference between the trademark. It can end up purchasing wrong brand shoes rather what they actually intend to

This can tamper the reputation of Trend Flash Ltd. as they have well recognized trademark and difference in quality of shoes be a major factor in it.

5 0

3 years ago