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Citrus2011 [14]
1 year ago
9

Comparing how many dollars it takes to attend college each year to annual earnings on a job represents the use of money as a?

Business
1 answer:
kirill115 [55]1 year ago
3 0

Unit of Account.

One of the main qualities of cash is that it fills in as a unit of record. Cash as unit of record is something that can be utilized to esteem labor and products, record obligations, and make computations that is all there is to it is an estimation for esteem. It has three significant qualities which are:

Diversity:- It very well may be separated so that it's part is equivalent to it's unique worth.

Fungible:- One of the unit is equivalent to some other piece of the unit with no adjustments of significant worth.

Countable:- It very well may be counted and exposed to numerical tasks.

To learn more about Unit of Account.

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Folsom Fashions sells a line of women's dresses. Folsom's performance report for November Year 1 follows.Actual : Dresses Sold:
ElenaW [278]

Answer:

(B) $5,000 favorable.

Explanation:

Variable cost flexible budget variance:

budget for 6,000 units total variable cost: $180,000

We divide the total cost by the activity in that budget:

$180,000/ 6,000 = 30

Now we multiply by the actual volume:

5,000 x 30 = 150,000

Now we do flexible budget - actual cost = variance

150,000 - 145,000 = 5,000 favorable

It is favorable, as the cost where less than expected.

4 0
3 years ago
There are three
Lana71 [14]

The correct alternative is letter C. Inflation control. This is the first strategy to control the currency in the economy, being one of the main objectives of monetary policy in a country.

<h3 /><h3>What is monetary policy?</h3>

It is the set of governmental strategies and actions to interfere in the investment market and in the consumption power of citizens, through the control of the basic interest rate of the economy, which is an instrument capable of influencing the value of a currency and the prices of goods. consumption, thus generating a control over inflation in search of economic balance in a country.

Therefore, controlling inflation is a short-term measure that generates a series of impacts on an economy, such as fiscal and monetary contraction measures, such as increasing taxes and reducing public spending.

Find out more about monetary police here:

brainly.com/question/13926715

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8 0
1 year ago
Treasury bills are currently paying 7 percent and the inflation rate is 3.2 percent. a. What is the approximate real rate of int
FromTheMoon [43]

Answer:

The real risk free rate is 3.8%

The exact risk-free rate is 3.68%

Explanation:

The interest rate on the Treasury bills is usually a combination of real risk free rate and inflation rate to compensate investors for average inflation in the economy during the instrument lifetime which equals nominal risk-free rate.

nominal risk-free rate = real risk-free rate+inflation rate

nominal risk-free rate=7%

inflation rate=3.2%

real risk-free rate=7%-3.2%

real risk-free rate=3.8%

The exact real risk-free rate can be computed thus:

nominal rate+1=(real risk-free rate+1)*(inflation rate+1)

real risk-free rate=(nominal rate+1)/(inflation rate+1)-1

real risk free rate=(1.07/1.032)-1

real risk-free rate=0.036821705

real risk-free rate=3.68%

5 0
3 years ago
Debt-to-equity ratio is:
babymother [125]
The D/E ratio indicates how much debt a company is using to finance its assets relative to the value of shareholders' equity
5 0
2 years ago
As the basis for the first section of your lab report. This section provides your reader with background information about why y
docker41 [41]

Answer:

Explanation:

This organism may be identified by its color, the spines on its back, the antennae, and therefore the long, thin body. There are many other characteristics that might even be wont to identify this organism.

7 0
3 years ago
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