Andrew writes a check for $1,299 which is the medium of exchange.
What is the way of transaction ?
- A sale is a completed agreement between a buyer and a dealer to change goods, services, or fiscal means in return for plutocrats.
- The term is also generally used in commercial accounts. As a business secretary, this plain description can get tricky.
- A sale may be recorded by a company before or later depending on whether it uses an addendum account or cash account.
Here,
Andrew can easily determine that the price of the computer is more than the price of the vacation = Unit of Account
Andrew has $1,574 in his checking account
= Store of value
Andrew writes a check for $1,299
= Medium of exchange
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Answer:
$915,000
Explanation:
Because half of the depreciation expense, and the expense on bonuses has already been reported by June 30,2021 (the half of the year), only hafl of the total money spent on the two items will have to be reported for the interim income statement ended on December 31, 2021:
$591,000 / 2 = $295,500
$1,240,000 / 2 = $620,000
Now, we simply add up these two figures:
$295,500 + $620,000 = $915,000
Answer:
A. The USA specializes in potatoes because of its comparative advantage in producing potatoes.
Explanation:
US 1 ton of potatoes or 0.5 tons of wheat = 2
Ireland 3 tons of potatoes or 2 tons of wheat = 1,5
Answer:
Stakeholders.
Explanation:
Stakeholders are the group of people who may be interested in the processes of a particular company. They are formed by the group of employees, suppliers and customers, who are the stakeholders in the organization.
Therefore, it is necessary that strategic actions and business processes are aimed at satisfying the interests and needs of stakeholders, who are the company's public, that is, the reason for the existence of a company.
It is important for the company to identify who its stakeholders are and how they directly impact the business, so that it can shape a strategy that is aligned with its interests and what they expect from the company.
Satisfying stakeholders and adopting corporate governance, contributes to the company having a strong market position and achieving several competitive and strategic advantages in the market, increasing its results and profitability.