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Paraphin [41]
3 years ago
8

The economic definition of money​ is__________.A. A good that has intrinsic value.B. Anything authorized by the government to be

used in an exchange.C. Anything of value owned by a person or a firm.D. Any asset that people are generally willing to accept in exchange for goods and services.
Business
1 answer:
Citrus2011 [14]3 years ago
4 0

Answer:

The correct answer is option D.

Explanation:

Money can be defined as any asset that is generally accepted by people in exchange for goods and services. The basic function of money is to act as a medium of exchange.  

It reduces the transaction cost in exchange for goods and services by eliminating the double coincidence of wants.  

Money can be of different types such as commodity money, fiat money, etc.  

Other functions of money are to act as a store of value and unit of account.

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Meili's employer distributes checks at the end of each quarter, representing an equitable portion of 5 percent of the company's
Goryan [66]

Answer:

profit sharing

Explanation:

profit-sharing plan can be regarded as retirement plan which is designed to let an employee to have a share in the profits of a firm. In this particular plan some percentage of the profit made by the company,firm can be received by the employee using the quarterly or annual earnings of the employee as the basis.

6 0
2 years ago
Bowzer Co. has just received $2.7 million from the sale of one of its divisions. The company has 375,000 shares outstanding that
Readme [11.4K]

Answer:

$76.93 per share

Explanation:

The computation of ex-dividend stock price is shown below:-

Sale of division = $2,7,00,000

Outstanding shares = 375,000

Dividend per share = Sale of division ÷ Outstanding shares

= $2,7,00,000 ÷ 375,000

= $7.2

Stock price after dividend = Sold shares - Dividend per share

= $84.13 - $7.2

= $76.93 per share

Therefore for computing the stock price per dividend we simply subtract dividend per share from sold shares.

3 0
3 years ago
Suppose a stock had an initial price of $57 per share, paid a dividend of $1.1 per share during the year, and had an ending shar
kolbaska11 [484]

Answer:

12.46%

Explanation:

Data provided

Dividend income = $1.1

Ending share per price = $63

Initial price = $57

The computation of the percentage total return is shown below:-

Total return = (Dividend income + (Ending share per price - Initial price)) ÷ Initial price

= ($1.1 + ($63 - $57)) ÷ 57

= ($1.1 + $6) ÷ 57

= $7.1 ÷ 57

= 0.12456

or 12.46%

6 0
2 years ago
Rhonda has oversight responsibility for the servicing and repair of her company's fleet of cars, so she frequently calls the gar
dmitriy555 [2]

Answer: Variable-interval

Explanation:

3 0
2 years ago
At the highest price, you would expect the demand for goods and services to be the _____. least most
bearhunter [10]

Answer:     less

Explanation:

i don´t know for real sorry ;(

4 0
2 years ago
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