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antiseptic1488 [7]
4 years ago
14

What condition is necessary for a fiat money system to work?

Business
1 answer:
Vaselesa [24]4 years ago
3 0
The government must control the money supply.
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You sell short 200 shares of Doggie Treats Inc. that are currently selling at $25 per share. You post the 50% margin required on
ioda

Answer:

$ 28.85

Explanation:

Total amount = (200 × $ 25) + ( 200 × $25 × 0.5) = $ 7500

Maintenance margin = (total amount - ( number of shares × price)) / number of share × price

0.3 = (7500 - 200 p) / 200 p

0.3 × 200 p = 7500 - 200 p

60 p + 200 p = 7500

260 p = 7500

p = $ 28.85

3 0
3 years ago
Mitchell Co. has $1.1 million of debt, $3 million of preferred stock, and $3.3 million of common equity. What would be its weigh
Novay_Z [31]

Answer:

0.45

Explanation:

Calculation for What would be its weight on common equity

Using this formula

Weight on common equity= Common equity/(Debt+Preferred stock+Common equity+ )

Let plug in the formula

Weight on common equity=$3.3 million /($1.1 million +$3 million +$3.3 million)

Weight on common equity=$3.3 million/$7.4 million

Weight on common equity=0.45

Therefore What would be its weight on common equity is 0.45

3 0
3 years ago
The primary difference between the accrual basis and the cash basis of accounting is: (You may select more than one answer. Sing
erastovalidia [21]

Answer:

Both of these answers are the primary differences.

1.The accrual basis records revenues when services or products are delivered and records expenses when incurred.

And

2.The cash bases records revenues when cash is received and records expenses when cash is paid.

Explanation:

Under the cash basis, entries in the book of accounts are made when cash is received or paid and not when the receipt or payment has become due.

While

Under the accrual basis, however, revenues and costs are recognised in that period in which they occur rather when they are paid

Accrual basis is more generally accepted than cash basis, as it gives a truer image of enterprise performance in an accounting period.

3 0
3 years ago
Which type of account typically has low liquidity
zimovet [89]
<span>Which type of account typically has low liquidity? Certificate of deposit. 

A certificate of deposit is issued by a bank to someone who is depositing money for a set length of time. They have low liquidity, fixed interest rate and a fixed maturity date. 
</span>
6 0
3 years ago
Personal selling can be very effective in complex selling situations because it involves​ ________ interactions and engagement b
Gemiola [76]
It can be very effective because it involved <span>interpersonal interactions.
</span><span>interpersonal interactions on business context refers to a communication between employees and customers that revolved around understanding customer's situation/point of view. Buy understanding this, the sales person could formulate a right move/strategy to match the customers with the most suitable company's product</span>
7 0
4 years ago
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