1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
leva [86]
2 years ago
14

In a remote village, a person used five beaver pelts to buy a bag of rice and two beaver pelts to buy a pair of shoes. for what

purpose did this person use the money?
Business
1 answer:
adelina 88 [10]2 years ago
7 0

The purpose why the person use the money is for medium of exchange.

<h3>What is money?</h3>

Money is a legal tender, approved by the government of a country as a means of exchange. Money is used to pay for services received and also for the purchase of goods.

Characteristics of money are:

  • Store of value
  • Medium of exchange
  • Unit of account

Hence, the purpose why the person use the money is for medium of exchange.

Learn more about money here: brainly.com/question/1812645

#SPJ4

You might be interested in
Professor Shethinks Shesverybusy needs to allocate time this week for office appointments, so she needs to forecast the number o
Burka [1]

Answer: This Week's forecast  = 78 appointments

Explanation:

4 Weeks ago = 95 , 3 Weeks ago =80 , 2 Weeks ago = 65 , last Week = 50

forecast : 2 weeks ago = 90

alpha = 0.20

exponential smoothing = recent previous appointment x a + forecast(1-a)

Forecast (last week) = 65 x 0.20 + 90 x (1 - 0.20)

Forecast (last week) = 13 + 72 = 85

Forecast for this week = 50 x 0.20 + 85 x (1 - 0.20)

Forecast for this week = 10 + 68 = 78

This Week's forecast would be 78 appointments

7 0
3 years ago
You expect that Bean Enterprises will have earnings per share of $2 for the coming year. Bean plans to retain all of its earning
Varvara68 [4.7K]

Answer:

C) $27.75

Explanation:

Earnings:

2.00 x 20% = 0.4 (2.00 + 0.40 = 2.40)

2.40 x 20% = 0.48 (2.40 + 0.48 = 2.88)

2.88 x 20% = 0.576 (2.88 + 0.576 = 3.456)

3.46 x 10% = 0.346 (3.46 + 0.346 = 3.806)

3.80 x 10% = 0.38 (3.80 + 0.38 = 4.18)

Dividends:  

3.46 x 50% = 1.73

3.80 x 50 % = 1.90

4.18 x 75% = 3.135 ( 50% + 25% = 75%)

P0 = 1.73/[(1.12)^4] + 1.90/[(1.12)^5] + (3.14/(0.12 - 0.05))/1.125

     = 27.63

Therefore, If Bean's equity cost of capital is 12%, then the price of a share of Bean's stock is closest to $27.75

8 0
2 years ago
What is the present value of the following series of payments: $300 made at the end of every year starting in year 1 and ending
grandymaker [24]

Answer:u are a wierdo mister

Explanation:u dont need brainly

JK

8 0
3 years ago
Chabot Company had the following results last year: net operating income, $2,160; turnover, 5; and return on investment 18%. Cha
Irina18 [472]
Should be b! hope this helps
5 0
2 years ago
A store that sells a huge variety of one type of product, such as books, in order to dominate the market for that product is cal
Maru [420]
 One-Product<span> Companies. i belive

</span>
7 0
3 years ago
Other questions:
  • The annual profit from an investment is $ 25 comma 000 each year for 5 years and the cost of investment is $ 75 comma 000 with a
    12·1 answer
  • What is the most effective way to control chryptosporidium?
    8·1 answer
  • An employee receives an hourly wage rate of $16, with time and a half for all hours worked in excess of 40 hours during a week.
    11·1 answer
  • To maintain balance in a project with a fixed budget and a well-defined scope, a project team will require flexibility _________
    12·1 answer
  • Eagle Company, a partnership, had a short-term capital loss of $10,000 during the current year. Aaron, who owns 25% of Eagle, wi
    15·1 answer
  • Adonis Corporation issued 10-year, 7% bonds with a par value of $220,000. Interest is paid semiannually. The market rate on the
    11·1 answer
  • _____ cannot monitor personal email accounts.
    9·2 answers
  • An effective performance management system is comprised of four steps: defining performance, monitoring and evaluating performan
    13·1 answer
  • When a government establishes a marketable permit program to address environmental pollution, it is actually issuing a form of c
    8·1 answer
  • you are the coordinator of a nonprofit that distributes donated items to three local homeless shelters. what is the most efficie
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!