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2 years ago

Besides the u.s. dollar, what is the only major currency to feature bills all of the same size?

Business

1 answer:

jolli1 [7]2 years ago

8 0

Answer:

Canadian dollar - Bills are often differentiated by size for the visually impaired. Larger denominations in Australia, for instance, are both taller and wider with strong contrasting colors. Euros also follow this logic, while larger notes – like the €200 and €500 – feature tactile marks too. The U.S. and Canadian dollars are currently the only major currencies with same-size notes. The Canadian dollar, however, features tactile marks on the upper righthand corner of bills, and the notes are also different colors to aid the visually impaired. While most other countries are ahead of the U.S. in making their currencies more accessible for the visually impaired, that may soon change with a new proposed $10 bill that would be the first U.S. dollar to feature tactile markings.

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How can a firm increase the life of a product without involving product changes? a. reintroduction b. product extension c. new p

Vitek1552 [10]

When a firm is experiencing lesser profit it can come up with different strategy to improve its present product rather than developing new product because improving present product involves lesser cost therefore more profit. The answer is B. Product Extension and C. New product placement.

Reintroduction is one way, it is launching the product using more creative sales and marketing strategy. It can target a new market segment, provide more information about the product and use more appealing advertisements. The product’s packaging can also be changed to make it look more attractive and fresh.

Product extension can be use as it is targeting a new market. It can involve exporting the products. This strategy may be costly but when successful will level up your product’s quality as it passed exporting quality. It is changing the market NOT the product.

New product Placement is a strategy where in the products are advertised by placing it in media. The products are shown for example in movies, the character uses the products that way it can give awareness to the viewers how the products can be used and also the brand and name of the products are advertised without direct reference to the product. It doesn’t involve changing the product’s feature only the product placement is changed to a new one.

Rebranding can also be used. It is introducing your product with a new name, changing the product’s name not only its packaging but the total appearance. It gives the product a whole new image to target new image audience or expand its audience.

3 0

3 years ago

A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera

Verdich [7]

Answer:

Total Period cost for the month= $427,400.00

Explanation:

Under variable costing,

Period costs are fixed costs

Fixed Manufacturing Overhead= $298,700.00

Fixed selling & Admin costs= $128,700.00

Total Period cost for the month= $427,400.00

5 0

3 years ago

Financial statement account identification mark each of the accounts listed in the following table as follows.

Triss [41]

Answer:

Account name statement(1) type of account(2)

Accounts payable BS CL

Accounts receivable BS CA

Accruals IS and BS income and SE

Accumulated amortization BS FA

administrative expenses IS E

Buildings BS FA

Cash BS CA

Common shares BS SE

Cost of goods sold IS E

Amortization BS E

Equipment BS F ASSET

General expenses IS E

Intrest expenses IS E

Account name Statement(1) type of account(2)

Inventories BS CA

Land BS FA

long term debts BS CL

Machinery BS FA

marketable securities BS CA

Line of credit BS LTD

operating expense IS E

Preferred shares BS SE

preferred share dividends BS SE

retained earnings BS R

Sales revenue IS R

Selling expense IS E

Taxes IS E

Vehicle BS FA

5 0

3 years ago

Write a one sentence summary of the central dispute in the case of mcculloch. v. maryland identify the key individuals and insti

insens350 [35]

McCulloch v. Maryland represented a power struggle between the State and Federal law. It was a landmark decision by the Supreme Court of the United States. The state of Maryland had attempted to impede operation of a branch of the Second Bank of the United States by imposing a tax on all notes of banks not chartered in Maryland. Though the law, by its language, was generally applicable to all banks not chartered in Maryland, the Second Bank of the United States was the only out-of-state bank then existing in Maryland, and the law was recognized in the court's opinion as having specifically targeted the U.S. Bank.

8 0

3 years ago

The University Store, Inc. is the major bookseller for four nearby colleges. An income statement for the first quarter of the ye

Effectus [21]

Answer: $30,000

Explanation:

Sales are $800,000 and the average price is $40. Number of units sold is;

= 800,000/40

= 20,000 units

Sales $ 800,000

Less: Cost of Goods Sold ($560,000)

Gross Margin $240,000

Less : Variable Costing

Selling Expenses (20,000 units X $3.00) ($60,000)

Administrative Expenses (5% of $ 800,000) ($40,000)

Contribution Margin $140,000

Less: Fixed Cost

Selling Expenses ($100,000 - $60,000) ($40,000)

Administrative Expenses ($110,000 -$40,000) ($70,000)

Net Operating Income  $30,000

3 0

3 years ago