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2 years ago

as a means of exchange in our economy makes it easier for people to make transactions with each other.

Business

1 answer:

Anettt [7]2 years ago

6 0

Money is a means of exchange in our economy makes it easier for people to make transactions with each other.

Money is a commonly accepted commodity as an economic medium of exchange. It is a medium that expresses prices and values. It circulates from person to person, from country to country, promotes trade, and is a major measure of wealth.

In summary, money has taken many forms over the centuries, but money has consistently performed three functions. It is a medium of value storage, a calculation unit, and exchange. The modern economy uses legal tender. This is neither a commodity nor the money represented or "backed" by the commodity.

Exchange medium. When economists say that money acts as a medium of exchange, they mean a currency unit used to measure and compare the relative value of commodities.

Learn more about Money here: brainly.com/question/329739

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The upper-level managers of Premium Java are meeting to discuss the company's long-range goals and vision. Like any organization

adell [148]

Answer:

The answer is False

Explanation:

The upper-level managers of Premium Java should do it for three reasons:

1. To provide direction and momentum - Delivering company's long-range goals and vision to the employees is the responsibility of the leadership.

2. To encourage retention of high-value employees - Once the employees understand the goals and vision of the company, this will enable the organisation to gain commitment of the employees, thus reduced employees' turnover will be faced.

3. To develop a sustainable competitive advantage - organisation will be able to attain a sustainable competitive advantage, as a result of the above two.

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3 years ago

Chang, Inc.'s balance sheet shows a stockholders' equity-book value (total common equity) of $750 comma 500. The firm's ear

Sholpan [36]

Answer:

The price/book ratio is 2.45

This price/book ratio indicates to shareholders that the company have a greater value than the book value, hence shareholders would buy more shares.

Explanation:

In order to calculate the price/book ratio we would have to calculate the following formula:

price/book ratio=Market price per share/Equity book value per share

Market price per share=price earnings ratio*earnings per share

Market price per share=$12.25*3

Market price per share=$36.75

Equity book value per share=stockholders equity/shares of common stock outstanding

Equity book value per share=$750,500/$50,000

Equity book value per share=$15.01

Therefore, price/book ratio=$36.75/$15.01

price/book ratio=2.45

The price/book ratio is 2.45

This price/book ratio indicates to shareholders that the company have a greater value than the book value, hence shareholders would buy more shares.

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3 years ago

HELP ASAP! GIVING BRAINLIEST! PLS CORRECT ANSWER

raketka [301]

Answer:

Explanation:

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3 years ago

What is gdp expressed in constant, or unchanging, prices called?

horsena [70]

The GDP expressed in constant, or unchanging prices is called real GDP.
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4 0

3 years ago

Read 2 more answers

How do working conditions and company's image motivate employees?

Reil [10]

Answer:the working conditions of the place show that it will be easier to work in and that if the company has a good image of themself then you would probably earn more money.

Explanation:

I tried the best I could.

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3 years ago