Answer:
The correct answer is (e)
Explanation:
Digital currency, such as bitcoin is out of government’s control. Similarly, the market decides their price and that makes them unpredictable. Likewise, the digital money has various problems that make them different and hard to trust on, such as, they can’t be used as means of payment, the unit of account, store of value and standard value. Because fiat money is equipped with all those advantages, which is why people doubt that current forms of digital will replace traditional money.
Answer:
The amount of cash flow from operating activities that would appear on the Year 2 statement of cash flows would be -$850 or $850 outflow
Explanation:
The computation of the cash flow from the operating activities for year 2 is shown below:
= Cash revenue in year 2 - interest on notes payable
= $950 - $1,800
= -$850
The negative amount shows an outflow of cash
.
The interest on the note payable is computed by
= Borrowed amount × interest rate
= $36,000 × 5%
= $1,800
<span>He is using the foot in the door technique. This is when you ask for small things and ingratiate yourself to a person in order to make way for larger things that the person would not ordinarily do. You ask for something small, and then that makes them more likely to give you something larger when you ask.</span>
Answer:
-$28.8.
Explanation:
Note, we were told,
- to assume the cost of a therm is $0.30
- the family uses 600 therms of energy annually.
<u>Savings on old furnace:</u>
- 600 * $0.30 * 0.80 (or written as 80%) = $144
<u>Savings on new furnace:</u>
- 600 * $0.30 * 0.96 (or written as 96%) = $172.8
Difference: $144 - $172.8 = -$28.8.
Answer:
The answer is D.
Explanation:
Inventory turnover is a measure of the number of times inventory is being sold or used during a given period of time.
A high inventory turnover means a company is selling goods very quickly and that demand for their product exists. Low inventory turnover means weaker sales and ing demand for a company's products.
Inventory turnover = Cost of goods sold/Average inventory
Average inventory is:
($110,000 + $90,000)/2
=$100,000
Therefore, inventory turnover ratio:
$270,00//$100,000
2.7
