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3 years ago

7

If people lost confidence in the government which money would have the least value flat money representative money commodity mon

ey or the gold standard

2 answers:

Crank3 years ago

8 0

I Think Answer Is Gold Standard

olga55 [171]3 years ago

6 0

Answer:

Flat Money

Explanation:

It is backed by the government.

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Logan Nettles approached Kevin Lang about becoming a partner in a firm that destroys environmental waste. While Logan would like

Stells [14]

Answer:

<em>c. limited partner.</em>

Explanation:

<em>In the presented scenario, Logan Nettles should become a</em> <u>limited partner</u>.

Limited partner is the partnership in which one limited partner is been required compulsory. This is slightly different from general partnership. In this profit of the business is limited and the debt and dis-advantage on the amount of investment is also limited.

So we can see that Logan is also concerned about his disadvantage which is known as liability.

5 0

3 years ago

The most recent financial statements for Live Co. are shown here: Income Statement Balance Sheet Sales $14,000 Current assets $3

Sav [38]

Answer:

The sustainable growth rate is 16.52%

Explanation:

To compute the substantial growth rate, first, we have to calculate the retention ratio. The formula to compute the retention ratio is shown below:

= 1 – payout ratio

= 1 – 0.16

=0.84 or 84%

Now, we use the formula of substantial growth rate which is shown below:

= (Return on equity × retention ratio) ÷ { 1 - (Return on equity × retention ratio)}

where,

Return on equity = (Net income ÷ total equity) × 100

= ($3,640 ÷ $21,560) × 100

= 16.88%

= (16.88% × 84%) ÷ ( 1 - 16.88% × 84%)

= 0.141792 ÷ (1 - 0.141792 )

= 0.141792 ÷ 0.858208

= 0.1652 or 16.52%

8 0

3 years ago

Prepare Hertog Company’s journal entries to reflect the following transactions for the current year. May 7 Purchases 200 shares

Mrrafil [7]

Answer:

Explanation:

Prepare Hertog Company’s journal entries to reflect the following transactions for the current year.

1. May 7 Purchases 200 shares of Kraft stock as a short-term investment in trading securities at a cost of $50 per share plus $300 in broker fees.

Dr Short Term Investments..............................10,000

Dr Broker Fess..........................................................300

Cr. Cash.................................................................................10,300

<em>Being purchase of 200 shares of Kraft stock as a short-term investment in trading securities at a cost of $50 per share plus $300 in broker fees</em>

<em />

2. June 6 Sells 200 shares of its investment in Kraft stock at $56 per share. The broker’s commission on this sale is $150.

Dr Cash................................................................11,050

Dr Broker Fess........................................................150

Cr. Cash............................................................................10,000

Cr. Gain on Sale of Short-term investments..............1,200

Being Sale of 200 shares of its investment in Kraft stock at $56 per share. The broker’s commission on this sale is $150

4 0

3 years ago

While the personal computer industry is flooded and growing with laptops and tablets, Malik recently bought a desktop, his first

kolezko [41]

Answer:

A: Laggards.

Explanation:

Willingness of customers to try out new products.

There are 5 types of adapters, identified by Sociologist Evrett Roger in 1962:

Laggards.
Early adopters.
Early majority.
Category captains.
Late majority.

Laggards: These are those customers who adopt to new ways slowly, after those ways would have become normal for the world.

Such as malik realized the essential need for laptop lately, however the market was filled with the product.

6 0

3 years ago

Cost of Goods Sold, Profit margin, and Net Income for a Manufacturing Company The following information is available for Bandera

NemiM [27]

Answer:

Cost of goods sold = $330,520

Gross profit = $358,050

Net Income = $192,790

Explanation:

Cost of goods sold = Beginning inventory of FG + Cost of goods manufactured - Ending inventory of FG

Cost of goods sold = $77,810+$323,630-$70,920

Cost of goods sold = $330,520

Gross profit = Sales - Cost of goods sold

Gross profit = $688,570 - $330,520

Gross profit = $358,050

Net Income = Gross profit - Selling expenses - Administrative expenses

Net Income = $358,050 - $108,110 - $57,150

Net Income = $192,790

4 0

3 years ago