Answer: Unit of account
Store of value
Medium of exchange
Explanation: Money has three functions:
Unit of account
Store of value
Medium of exchange
Unit of Account- Money can be used as a measure in determining value of goods and services. Norah compared the price of the dress to determine the dress costs less.
Store of value- money retains it value over periods of time, therefore it can be used to store value. Norah is saving money in a piggy bank.
Medium of exchange - money is used to facilitate transactions: it can be used to exchange for goods and services. Norah exchanged money for a dress.
I hope my answer helps.
Answer: A. choosing an appropriate mode for entering a particular foreign country
Explanation:
The options to the question are:
A. choosing an appropriate mode for entering a particular foreign country
B. developing a business strategy
C. marketing a product or service
D. adhering to labor and environmental standards
E. maintaining healthy relations with the U.S. government.
From the question, we are told that Sun-Jun is the executive general manager of a U.S.-based multinational corporation while Marisol is a manager in a similar position but works for an American company that operates only in the U.S. and does not engage in international business.
Since Marisol's company does not engage in international business, while Sun-Jun works in a multinational corporation, this means that the business function will be most typically exclusive to Sun-Jun will be choosing an appropriate mode for entering a particular foreign country.
Answer:
Yes,it is a classic case of fraud as Thomas owes the buyer a duty of disclosure of material facts
Explanation:
Fraud
This is simply defined as act of deception. It is an act carried intentional by an individual to get an unfair advantage over another person.
The deceptive trade practices act
This is simply a federal law set up by government. It watches over business, making sure that fraud and misrepresentation do not take place when companies provide products and services.
In real estate, the seller required to tell the buyer about the property's condition and nothing should be left Thomas is guilty of fraud for covering up and not disclosing all conditions or state of the property.
The tests for disclosure outlined by the courts includes
1. The seller must not obstruct the buyer's attempts to inspect the property. The "as is" clause must be an important element of the contract.
2. The buyer and seller must not be in a relatively unequal bargaining position
All known defects must be disclosed by the seller
Answer:
a. 25.37% and 13.28%
b. 1.97% and 2.07%
c. Costco
Explanation:
a. The gross margins for Walmart and Costco is shown below:
Gross margin = (Gross profit ÷ revenue) × 100
For Walmart,
= ($126.95 ÷ $500.34) × 100
= 25.37%
For Costco,
= ($17.14 ÷ $129) × 100
= 13.28%
b. The net margins for Walmart and Costco is shown below:
Gross margin = (Net profit ÷ revenue) × 100
For Walmart,
= ($9.86 ÷ $500.34) × 100
= 1.97%
For Costco,
= ($2.68 ÷ $129) × 100
= 2.07%
c. According to the net profit, the Costco has more profitable in 2017
