NFT art differs from traditional art in that it is entirely digital and can only exist in digital wallets on a specific blockchain. An art print, on the other hand, is an image on paper that does not exist on the digital wallets.
<h3>What is NFT?</h3>
A non-fungible token (NFT) is a non-transferable data unit that may be sold and traded on a blockchain, which is a sort of digital ledger.
Cryptocurrencies and physical money are both "fungible," meaning they may be traded or exchanged for one another.
In fact, anyone can make an NFT and sell it on a marketplace for NFTs.
Thus, NFT is the digital wallets and art print is the non digital wallet
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When you get hired for a well-paying job, you will most likely view older used cars as<u> inferior goods.</u>
<h3><u /></h3><h3><u>What are inferior goods?</u></h3>
As consumer income rises, customer demand declines for a class of inferior goods. Low-cost alternatives to "normal products," or necessities like food and household supplies, are frequently found in inferior goods. For instance, when someone's wage is cut, they might buy cheaper, poorer things than they would otherwise. When their earnings increases again, they're more likely to buy regular things rather than cheap ones.
The word "inferior" refers to the product's price and perceived worth rather than its quality. The quality may occasionally be inferior to an equivalent standard good, but it may also occasionally be the same. In reality, there are occasions when the only distinctions between regular goods and equal substandard goods are the packaging and price of the goods.
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Answer:
Yes, financial statement is a cumulative record of all transactions.
Explanation:
- A financial statement is a form of the formal record. Its reports the business, person or an entity. The relevant information is resented by discussion and analysis. Such as balance sheet, income statements, statements of equity, cash flow, and comprehensive statements. Thee by its includes all sorts of financial statements.
Answer:
B.
Explanation:
LIFO takes the latest cost of goods into account and leads to rising cost of goods produced or purchased. This in turn leads to lower gross profit. Conversely, FIFO takes into account oldest cost of goods purchased or produced and lower cost of goods sold, thus higher gross profit.
Answer:
$1003.92
Explanation:
The invoice price is calculated as the reported price plus the accrued interest. Therefore, the formula for accrued interest is shown below:
Given that the coupon rate is 8%, therefore the bond pays $80 of coupon payments every year.
January 14 was the day that the last coupon was paid, so it has been 14 days since the last payment.
The coupon period is 182 days.
Therefore, the accrued interest is
The invoice price is calculated as:
$1000.625 + $3.297
= $1003.922.
Therefore the invoice price of the bond is $1003.92
