1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ZanzabumX [31]
3 years ago
8

If a country's money losses its function as a store of vaule?

Business
1 answer:
Alexus [3.1K]3 years ago
6 0

If the country's money loses its value, people will remove their savings from banks, shift their money into other currencies and purchase investments that are not tied to the country's currency.

You might be interested in
On October 1, 2018, Chief Corporation declared and issued a 10% stock dividend. Before this date, Chief had 80,000 shares of $5
iris [78.8K]

Answer:

correct option is a. decrease by $80,000

Explanation:

given data

stock dividend = 10%

common stock = $5

Chief = 80,000 shares

market value = $10

to find out

Chief's retained earnings will

solution

here retaining earning will be decrease by the maount of stock dividend that is

retaining earning = $80,000 × 10 % × $10

retaining earning = $80,000 × 0.10 × $10

retaining earning = $80000

so here correct option is a. decrease by $80,000

4 0
3 years ago
The process through which a product or service takes root initially in simple applications at the bottom of a market and then mo
Kryger [21]

Answer: Disruptive innovation

Explanation: Disruptive innovation is an application of nicer finding that relay new conditions and demand at operation at current time that establishes a new demand and graphical diagram of civil and specialized aids inside and between companies and how they are effectively and practically used. Ultimately, it interrupts an existing demand and value network, taking over conventional demand-dominating companies, commodities, and unions.

6 0
3 years ago
Suppose your bank account pays interest monthly with an effective annual rate of 6%. What amount of interest will you earn each m
Bess [88]

Answer:

0.4868%

$615.47

Explanation:

Given that

a. EAR = 6%

Thus,

Equivalent monthly rate = (1 + r)^n - 1

Where r = EAR

Therefore

= (1 + 0.06)^1/12 - 1

= 1.0048675 - 1

= 0.0048675 × 100

= 0.4868%

b. Given that

Monthly rate = 0.4868%

Future value = 100,000

Time = 10 years

Recall that

FV annuity formula = C × (1/r) × ([1 + r ]^n - 1)

Where

C = payment

Therefore

100000 = C (1/0.004868) × ([1 + 0.004868]^120 - 1)

C = 100,000/(1/0.004868) × ([1 + 0.004868]^120 - 1)

C = $615.47 per month

4 0
3 years ago
Read 2 more answers
LETS MAKE THIS A QUESTION THAT HAS NO STARS. ONLY THANKS!!!!!!!
sasho [114]

Answer:

Please ask study related questions,mate.

5 0
3 years ago
1. If the price of the share grows as the company grows, how does buying 25 points
Simora [160]

Answer: b. An investor will be able to sell these shares for a higher price and make a profit.

Explanation:

Capital gains are a way to earn a return from owning stock in a company. They involve buying stock at a certain price and then selling the stock when the price increases. The difference between the selling and the buying prices is your capital gain.

This is the benefit to the investor here. If they buy a stock that grows with the company. They will be able to sell at a higher price eventually such that they will make a capital gain.

6 0
3 years ago
Other questions:
  • Abardeen Corporation borrowed $90,000 from the bank on October 1, 2018. The note had an 8 percent annual rate of interest and ma
    10·1 answer
  • Malcolm faced resistance from the team most likely because he did NOT utilize which of the following influence tactics?
    9·1 answer
  • What is the rate at which one currency is converted to another currency called?
    15·2 answers
  • In the United States, which assessment system measures Inflation?
    12·1 answer
  • Hunter Thompson, an owner, made an additional investment of $21,000 in cash. A firm purchased equipment for $10,000 in cash. A f
    5·1 answer
  • In practice, a common way to value a share of stock when a company pays dividends is to value the dividends over the next five y
    6·2 answers
  • Christina purchased 500 shares of stock at a price of $62.30 a share and sold the shares for $64.25 each. She also received $738
    8·1 answer
  • The West Division of Cecchetti Corporation had average operating assets of $240,000 and net operating income of $42,200 in Augus
    10·2 answers
  • What is management and leadership​
    15·2 answers
  • _______ involves the process of defining the marketing mix variables so that target customers have a clear, distinctive, desirab
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!