Answer:
See below.
Explanation:
Looking at a car's price to see if we can afford is using the money function of unit of account. Unit of account is when we are able to determine the worth of the asset or transaction and see if we have enough value to exchange.
When we pay for groceries we are using money as a medium of exchange as we are exchanging groceries with another commodity that is cash.
When we save part of our wealth we are using money as a store of value. This signifies that the money value remains consistent over time and that money still holds economic value over time as opposed to other commodities that may perish.
When we compare prices we are using money as a measure of value. We are able to measure different product's worth in a uniform measure that being the money.
Hope that helps.
Answer:
The balance in retained earnings at December 31 is $264,000.00
Explanation:
The balance in retained earnings at December 31 can be computed using the below ending retained earnings formula:
ending retained earnings=beginning retained earnings+net income-dividends
beginning retained earnings was the opening balance of retained earnings at January 1 2020 which was $215,000
net income for the year is $130,000
dividends of $81,000 were paid
ending retained earnings=$215,000+$130,000-$81,000=$ 264,000.00
Pretty sure the answer would be that she will need to finance some of the cost, with her debt. Please correct me if I'm wrong though!
Answer:
The correct answer is B. Sustained eye contact
.
Explanation:
Visual communication leads to our interlocutor perceiving a summarized confidence in the attention we are paying to their requirements. This type of communication largely determines a space of trust based on the fact that the potential buyer has experienced negative situations that will make him more cautious when exposing his needs. On the contrary, a smile can produce the opposite effect, considering that our company is not going to be serious in meeting the times and its satisfaction as a client.
Answer: Option (a) is correct.
Explanation:
Given that,
Dividend in 2016 = $20,000
Preferred Shares = 400
Par Value of Preferred Stock = 400 × 10 = $4000
Rate of Dividend of Preferred Stock = 5%
(a) Dividend to preferred Shareholders:
= Par Value of Preferred Stock × Rate of Dividend
= $4000 × 5%
= $200
(b) Dividend to Common Shareholders:
= Total Dividend - Dividend to Preferred Shareholders
= $20,000 - $200
= $19,800