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natita [175]
1 year ago
10

When you use money to purchase a new car, money serves as a: double coincidence of wants. medium of exchange. store of value. un

it of account.
Business
1 answer:
VikaD [51]1 year ago
8 0

Answer:

medium of exchange. since it is being offered in exchange for the car

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The mission of the Securities and Exchange Commission (SEC) is to: a. PROTECT SHAREHOLDERS' RIGHTS BY MAKING SURE THAT STOCK MAR
lilavasa [31]

Answer:

b. PROTECT SHAREHOLDERS' RIGHTS BY MAKING SURE THAT STOCK MARKETS ARE RUN FAIRLY

Explanation:

  • The U.S (SEC) securities and exchange commission is an independent agency of the American government and is responsible for enforcing the federal security laws and rules and regulated the industry.
  • The SEC was created by the securities exchange act of 1934, mission as to protect the investors, maintain fair and orderly, and have an efficient market.  
  • <u>Publishes quarterly and semi quarterly reports form the companies that are crucial for investors to make a sound decision when investing in the capital markets.</u>
8 0
3 years ago
Which of the following factors least constrains high performance in planning organizations?
Artemon [7]

Answer:

environment is the correct answer.

Explanation:

3 0
3 years ago
bank pays interest quarterly with an EAR of 9​%. What is the periodic interest rate applicable per quarter​
Vika [28.1K]

Answer:

2.18%

Explanation:

Effective interest rate = (1+i/m)^n - 1

i is stated as interest rate

m is the compounding frequency

Here, the compounding is quarterly and the effective interest rate is 8%

Since one year is equal to 4 quarter, the value of m is equals to 4

Effective interest rate = (1 + i/4)^4 - 1

9% = (1 + i/4)^4 - 1

0.09 + 1 = (1 + i/4)^4

(1.09)^1/4 = 1 + i/4

1 + i/4 = 1.02178

i/4 = 1.02178 - 1

i/4 = 0.2178

i/4 = 2.18%

7 0
3 years ago
Beyer Company is considering the purchase of an asset for $370,000. It is expected to produce the following net cash flows. The
Alenkasestr [34]

Answer:

3.55 years

Explanation:

The payback period is the length of time it takes for Beyer Company to recoup the initial investment of  $370,000.

In other words, the number of years for the net cash flows of the project to equate the initial investment amount of $370,000 as shown in the attached excel file for Beyer company's payback computation

Download xlsx
5 0
3 years ago
What do people purchase as a form of risk management to protect themselves from losing a lot of money in the event something hap
MaRussiya [10]
They purchase insurance.
6 0
3 years ago
Read 2 more answers
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