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Lelechka [254]
2 years ago
6

When money prices are used to facilitate comparisons of value, money is said to function as a.

Business
1 answer:
Jlenok [28]2 years ago
7 0

Hi! Your answer will be medium of exchange.
Hope this helps! Have a good day!

You might be interested in
Shelli's Ski Super has sales of $670, net fixed assets of $210, total assets of $305, and current assets of $25. What is the tot
Troyanec [42]

Answer:

2.20

Explanation:

The formula to compute the total assets turnover ratio is shown below:

Total asset turnover = (Sales revenue ÷ Total assets)

                                   = ($670 ÷ $305)

                                  = 2.20

We simply divide the sales revenue by the total assets, so that the total asset turnover ratio can be computed

All other information which is given is not relevant. Hence, ignored it

5 0
3 years ago
The Security Market Line (SML) shows the relationship between stocks' required rates of return (measured on the vertical axis) a
natka813 [3]

Answer:

True

Explanation:

The reason is that the straight line equation is used to illustrate the relation between the rate of return and the beta factor and is given as under:

Y = a + bX

Here

a = Rf

B = Risk premium = Rm - Rf

X = Beta Factor

So this means the security market line is the graphical presentation of capital asset pricing model and illustrates why the increase in beta factor increases the required rate of return, the reason is that the the overall required return Y of the investment will start increasing with the increase in the beta factor.

So the statement is true.

5 0
3 years ago
Misty Mountain Shop is considering purchasing a new piece of equipment that would be used for 6 years. The cost savings from the
Allisa [31]

Answer:

NPV = $ 87,592.90

Explanation:

Net present value is calculated by taking the Present Day (discounted) value of all future Net Cash Flow based on the Business Cost of Capital and subtracting the Initial cost of the Investment.

<u>Calculation of Net present value (Financial Calculator)</u>

Period and Cash flow

CF0   = ($900,000)

CF1    =  $200,000

CF2    =  $200,000

CF3    =  $200,000

CF4    =  $200,000

CF5    =  $200,000

CF6    =  $300,000

Cost of Capital = 8%

NPV = $ 87,592.90

8 0
3 years ago
Calculating the average time callers wait on the phone for technical support is an example of inferential statistics.A. TrueB. F
bearhunter [10]

Answer:

b) false

Explanation:

tell me if I'm wrong. mark me brainliest if this helps :)

8 0
3 years ago
An auto manufacturer is considering adding new automation to their assembly line to reduce production costs. The manufacturer is
QveST [7]

Answer:

Check the explanation

Explanation:

As per the beta distribution, the average revenue per year = (Pessimistic +4*Most Likely +Optimistic) / 6

Avg revenue per year = (460000 + 4*660000 + 840000) / 6 = 656666.67

MARR = 12%, life = 9 yrs

NPW = -4000000 + 656666.67 * (P/A,12%,9) + 40000 * (P/F,12%,9)

= -4000000 + 656666.67 * 5.32824 + 40000 * 0.36061

= 7498877.6+14424.4

= -433415.60

= -433000 (nearest 1000)

7 0
3 years ago
Read 2 more answers
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