Answer:
a. A counterfeit is an imitation of the genuine money, created with the intent to defraud.
U.S. Currency was originally printed on blue paper.
- FALSE: THE DOLLAR HAS ALWAYS BEEN GREEN
b. The First bank of the United States was started in 1888.
- FALSE: THE (FIRST) BANK OF THE UNITED STATES WAS ESTABLISHED IN 1791
c. The French unit of money is the dollar.
- FALSE: THE EURO IS THE OFFICIAL CURRENCY IN FRANCE
d. A euro is the Australian unit of money.
- FALSE: EUROS ARE THE OFFICIAL CURRENCY OF THE EUROPEAN UNION.
In 1945 $10,000 bills were discontinued for public use by the Board of Governors of the Federal Reserve System.
Answer:
a) EPS 2.367 dollars
b) price-earning ratio 15
c) book value of a common share 5.33
Explanation:
a) earning per share: income / shares outstanding
2,000,000 / 750,000 = 2.67
b) price / EPS
40 / 2.67 = 15
c) We determinate this using the accounting equation:
Assets = Liab + Equity
Assets 9,000,000
Liabilities<u> 5,000,000</u>
Equity 4,000,000
equity / shares outstanding:
4,000,000 / 750,000 = 5.3333
Answer:
The total reported inventory value is $1,130.
Explanation:
Note: The data given the question are sorted and presented properly as follows:
<u> Selling Price </u> <u> Cost </u>
Large animals:
Cattle $320 $160
Horse 400 400
Small animals:
Cat $360 $320
Dog 120 90
Exotic pets:
Ferret $140 $112
Iguana 70 48
Based on the lower of cost and net realizable value rule, we select the lower and determine the reported inventory value as follows:
<u>Details Value ($) </u>
Large animals:
Cattle 160
Horse 400
Small animals:
Cat 320
Dog 90
Exotic pets:
Ferret 112
Iguana <u> 48 </u>
Total value <u> 1,130 </u>
Therefore, the total reported inventory value is $1,130.
A loan that is associated with a valuable asset that can be taken by the lender is a secured loan.
Ray's loan is unsecured.
Jack's mortgage is a secured loan.
<h3>What are secured and unsecured loans?</h3>
A secured loan is a loan that is backed up by an asset. If the borrower defaults on the loan,the lenfer can take possesion of the asset. An unsecured loan is a loan that is not backed up by any asset.
An unsecured loan is more risky than a secured loan. Thus, unsecured loans have a higher rate of interest.
To learn more about unsecured loans, please check: brainly.com/question/8347317
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No, state governments can also exercise eminent domain
