He is drinking coke!!!!!!!!!!!
I am thinking of expansionary because the federal reserve will probably inflation the money supply to help other systems of the military branch and security
Answer and Explanation:
The computation of the percentage of each amount is as follows;
<u>Particulars 2020 Change Percentage of change
</u>
a b (b ÷ a) × 100
Cash $170,000 $500,000 294%
Accounts Receivable $710,000 $270,000 38%
Inventory $520,000 $190,000 37%
Long Term Assets $2,100,000 -$200,000 -9.52%
Total Assets $3,500,000 $760,000 21.71%
Answer:
Medium of exchange
Explanation:
Money is an object that is collectively and legally accepted as payment for goods and services. Money has three major functions as follows;
<em>1. Medium of exchange</em>
This is when money is used as an intermediate in the exchange of goods and services. When one decides to exchange one good or service for the other, the monetary value of these goods and services are determined and thus the purchase can be made knowing what value one is exchanging for the other.
<em>2. A unit of account;</em>
This is a standard numerical unit measurement of market value of goods and services. The market value of the goods and services are first determined. Then the goods or services are broken down into a unit of a good or services. The value per unit is then determined.
<em>3. A store of value</em>
For money to act as a store of value, the value of money has to be stable over time. This means that it has to be effectively stored. It also has to be reliably saved and retrieved.
In Tara's case, money served as a medium of exchange since she used a monetary value of $50,000 in the form of certificates of deposit to pay for a down payment to buy a house.
The promise made to Belden by Apps Inc. to give stock options is unenforceable.
<h3>Enforceable and Unenforceable Contracts</h3>
For a contract to be enforceable, few conditions are required to be met. They are:
- Written or Oral Agreement
- Proper Details
- Offer and Acceptance
- Consideration
When the above conditions are met then the contract is legally enforceable.
However, if the contract is based on an illusory promise or a promise made on a task that is already performed in the past then this type of contract is not enforceable.
As such in this case, the promise is being made for a job Belden has already designed. Therefore, this promise is unenforceable.
Learn more on contracts here: brainly.com/question/984979