Business, 25.10.2020 21:50 apalacios3503

Which of the following explains why a barter system restricts trade and exchange? (i) there must be coincidence of wants

(ii)the commodities used are not homogeneous

iii) it is difficult to divide certain commodities

iv) the rate of exchange must be determined

(a)ii and iv only
(b)iiand iv only
(c)i, ii, and iii
(d)i, ii, and iv

Answers: 2

Show answers

Other questions on the subject: Business

Business, 21.06.2019 20:30, myohmyohmy

Which of the following government agencies is responsible for managing the money supply in the united states? a. the u. s. mint b. the federal reserve bank c. congress d. the department of the treasury 2b2t

Answers: 3

continue

Business, 21.06.2019 21:00, nwalker916

12. nelson corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 115 units in beginning inventory 380 units produced 5,900 units sold 6,070 units in ending inventory 210 variable costs per unit: direct materials $ 46 direct labor $ 27 variable manufacturing overhead $ 3 variable selling and administrative $ 12 fixed costs: fixed manufacturing overhead $ 112,100 fixed selling and administrative $ 36,420 the company produces the same number of units every month, although the sales in units vary from month to month. the company's variable costs per unit and total fixed costs have been constant from month to month. a. prepare a contribution format income statement for the month using variable costing. unit product cost under variable costing direct materials direct labor variable manufacturing overhead variable costing unit product cost (formula)

Answers: 3

continue

Business, 22.06.2019 07:50, sis212

Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?

Answers: 1

continue

Business, 22.06.2019 12:10, ghari112345

In year 1, the bennetts' 25-year-old daughter, jane, is a full-time student at an out-of-state university but she plans to return home after the school year ends. in previous years, jane has never worked and her parents have always been able to claim her as a dependent. in year 1, a kind neighbor offers to pay for all of jane's educational and living expenses. which of the following statements is most accurate regarding whether jane's parents would be allowed to claim an exemption for jane in year 1 assuming the neighbor pays for all of jane's support? a. no, jane must include her neighbor's gift as income and thus fails the gross income test for a qualifying relative. b.yes, because she is a full-time student and does not provide more than half of her own support, jane is considered her parent's qualifying child. c.no, jane is too old to be considered a qualifying child and fails the support test of a qualifying relative. d.yes, because she is a student, her absence is considered as "temporary." consequently she meets the residence test and is a considered a qualifying child of the bennetts.

Answers: 2

continue

You know the right answer?

Which of the following explains why a barter system restricts trade and exchange? (i) there must be...