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Ivenika [448]
3 years ago
7

In a traditional economy, which group is most responsible for producing the goods people in society need?

Business
2 answers:
romanna [79]3 years ago
6 0

Answer:

B. Family members

Explanation:

A traditional economy is based upon the customs, beliefs, and history of the community. Age-old traditions and beliefs guide economic decisions of production and distribution. The traditional economy is motivated by the social well being of its members and not by profits.

The main economic activities under the traditional economy revolves are subsistence farming, fishing, and hunting. These activities are carried out in family settings. In other words, family members provide labor for economic activities.

WINSTONCH [101]3 years ago
4 0

The answer is Family Members for A P E X

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On December 31, 20X2 and 20X3, Apex Co. had 3,000 shares of $100 par, 5% cumulative preferred stock outstanding. No dividends we
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Answer: the correct answer is a disclosure of $20,000

Explanation:

The annual preferred stock dividend is $15,000 = 3,000 x $100 x 5%. Total dividends in arrears at the end of 20X3 are therefore $20,000 = 2 years x $15,000 - $10,000 paid.

Dividends in arrears are footnoted only. They are not recognized as a liability until they are declared.

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A firm maximizes its profitability when it: creates products similar to the products of its competitors. strips all the value ou
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A firm maximizes its profitability when it<u> "configures its internal operations to support the position selected by it on the efficiency frontier".</u>


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The general guideline is that the firm maximizes profit by delivering that amount of yield where negligible income breaks even with peripheral expense. The profit maximization issue can likewise be drawn closer from the information side.

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3 years ago
Being resourceful and creative are two highly desirable skills at a workplace. Discuss an idea of yours or an innovation that yo
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Answer (1)

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I have an creative idea. In marketing, customer needs to served profitably with meeting their needs. For this purpose they need to be managed effectively. Customer relationship Management is the domain in which each and every single customer's data is saved. Customers are asked for the membership to save their data. Then next time with the help of their name, entire record of theirs can be retrieved. My idea is, instead of asking their name each and every single time, their voice frequency should be saved in the mobile device, which next time when they say "HELLO" can recognize them and present their all data to the concerned salesperson.

Answer (2)

* I have many novel ideas related to hotel industry. As far my interests are concerned, Hotels can have a library in it, which can send customers the books of their interests in their rooms.

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7 0
4 years ago
Fetzer Company declared a $0.55 per share cash dividend. The company has 200,000 shares authorized, 190,000 shares issued, and 8
Firlakuza [10]

Answer:

Please see journals below

Explanation:

Retained earnings Dr $104,000

Common dividend payable Cr $104,000

Common dividend payable Dr $104,000

Cash Cr. $104,000

Retained earnings Dr $100,100

Common dividends payable Cr $100,100

Common dividends payable Dr $100,100

Cash Cr $100,100

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Common dividends payable Cr $110,000

Working

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= 190,000 × $0.55

= $104,000

Common dividend payable

= $0.55 × (190,000 shares - 8,000 shares)

= $100,100

7 0
3 years ago
Carla Vista Company sells product 2005WSC for $130 per unit. The cost of one unit of 2005WSC is $127, and the replacement cost i
Alexxx [7]

Answer:

Product 2005WSC  should be reported at $127

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Selling Price ( $127 × 1.40)                   $177.80

Less Estimated Cost to Sell                 ($6.00)

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<u>Conclusion :</u>

Therefore, the lower is Cost at $127

Thus product 2005WSC  is measured at $127

7 0
3 years ago
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