(a) What are fungible goods? Give an example. (b) Discuss why boundaries of use are sometimes difficult...
Question:
(b) Discuss why boundaries of use are sometimes difficult to determine.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (19 reviews)
a Fungible goods are goods sold by weight or measure that when combined with identical go...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
The Legal and Regulatory Environment of Business
ISBN: 978-0078023859
17th edition
Authors: Marisa Pagnattaro, Daniel Cahoy, Manning Magid, Lee Reed, Pe
Question Posted:
Students also viewed these Business Law questions
-
Give an example of each of the four levels of power discussed in this chapter. Also, give an example of each of the spheres of business power.
-
1. Briefly describe a service company, a merchandising company, and a manufacturing company. Give an example of each type of company, but do not use the same examples as given in the chapter. 2. How...
-
Lucy and Melvin share an apartment. They spend some of their income on private goods like food and clothing that they consume separately and some of their income on public goods like the...
-
2. Imagine a college basketball team has the following supply and demand figures for a typical game: Price 8 16 24 32 40 Quantity Demanded 28000 22000 16000 10000 4000 Quantity Supplied 16000 16000...
-
Would the result for Jim be different if the accident had occurred while he was on his way to kill his wife but had done nothing legally wrong yet other than speeding?
-
Miller Company started operations by acquiring $200,000 cash from the issue of common stock. The company purchased equipment that cost $200,000 cash on January 1, 2010. The equipment had an expected...
-
Flasher Freight Ltd is considering three investments for the new year. The company has a cost of capital of 12%. Summary information concerning the net cash inflows of the investments and their...
-
A craftsman named Chuck Synovec builds two kinds of birdhouses, one for wrens and a second for bluebirds. Each wren birdhouse takes 4 hours of labor and 4 units of lumber. Each bluebird house...
-
Perform an economic analysis studying impacts of Covid-19 on health or health care. For the research bibliography, we need to provide ten (or more) complete research citations. Majority of citations...
-
Sloan Company, which uses an Allowance for Doubtful Accounts, had the following transactions in 2021 and 2022: 2021 Dec. 31 Recorded Bad Debt Expense of $15,500 2022 Apr. 1 Wrote off J. Salazar...
-
The Soviet Constitution guaranteed the citizens' private property. Why then was the former Soviet Union so poor?
-
(a) Explain what it means to acquire ownership by accession. (b) Discuss why to John Locke a doctrine similar to accession justifies who owns what.
-
It is important to explain to women that chemotherapeutic agents should not be used during pregnancy because a. The tendency to cause nausea and vomiting will be increased. b. Of potential serious...
-
January 1, 2022 2022 December 31, 2022 Raw materials inventory $19,200 $27,600 Work in process inventory 12,600 15,900 Finished goods inventory 24,900 19,320 Materials purchased $138,000 Direct labor...
-
Find the volume of a beverage can that has a height of 6.8 in. and a diameter of 3.6 in. Use 3.14 as an approximation for The volume of the can is (Type an integer or a decimal rounded to the nearest...
-
Ensign Company produces two products (Shirts and Pants), however their ability to produce these products are constrained by machine hours with total capacity of 2,000 minutes per week. Shirts Pants...
-
Heavy Rocks Company acquires 100% of the stock of Simple Machinery Co. on January 1, 2XX0, for $7,200,000 cash. As of that date Simple Machinery had the following account balances: Book Value Fair...
-
Assessment 3 - Structured Activity - Bookkeepers Policies and Procedure Manual Policies and Procedure Manual - Using the documents and tools you have created in your previous assessment tasks you are...
-
The brace of a sling chair forms a triangle with the seat and legs of the chair. Suppose m2 = 50 and m3 = 65. 6 3 2 4 1 5
-
Which of the following is FALSE regarding the purchasing power parity (PPP). a. The PPP is a manifestation of the law of one price b. The PPP says that a country with a higher expected inflation can...
-
King Faisal II of Iraq was killed on July 14, 1958, in the midst of a revolution in that country that led to the establishment of a republic subsequently recognized by the U.S. government. On July...
-
A business entity incorporated under the laws of one of the European Union (EU) member nations contracts with the government of a developing nation to form a joint venture for the mining and refining...
-
A Panamanian corporation lends money to a Turkish enterprise, which issues a promissory note. The loan contract specifies that payment on the interest and principal shall be made to the Chemical Bank...
-
How is decision-making in organizations best supported by Management Accounting (a descriptive nature) and how should it be supported by Management Accounting (a prescriptive nature)? Is there a gap...
-
Discuss the thermodynamic principles governing the separation of azeotropic mixtures using advanced distillation techniques such as pressure swing distillation, extractive distillation, and hybrid...
-
respond to the discussion In the IMA article, Activity-Based Costing (ABC) is explained as a cost allocation technique that traces indirect costs (often referred to as "overhead") to specific cost...
Study smarter with the SolutionInn App