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Mnenie [13.5K]
3 years ago
12

When money is used to compare the relative price of a burrito and a taco, money is being used as a

Business
2 answers:
Dafna1 [17]3 years ago
4 0

Answer: B) unit of Account

Explanation:A unit of account in financial accounting refers to the words that are used to describe the specific assets and liabilities that are reported in financial statements rather than the units used to measure them. Unit of account in economics allows a somewhat meaningful interpretation of prices, costs, and profits, so that an entity can monitor its own performance. It allows shareholders to make sense of its past performance and have an idea of its future profitability.

zalisa [80]3 years ago
4 0

Answer:

B) unit of account

Explanation:

The main functions of money are:

  • Medium of exchange : money is widely accepted and used to exchange goods or services
  • Unit of account : money serves as a basis to compare the value of goods or services
  • Store of value : money can be saved since it keeps it value
  • Standard for deferred payments: you can borrow money and pay it back at a future date
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Which one of the following statements concerning interest rates is correct?
DIA [1.3K]
Where is the statements or answer choices?
6 0
3 years ago
Consider these long-term investment data: • The price of a 10-year $100 par zero-coupon inflation-indexed bond is $84.49. • A re
AleksAgata [21]

Answer:

Annual rate 0.017

Explanation:

Computation of the annual rate on the real bond.

Using this formula

Annual rate = Par Zero coupon inflation index/(1+r) ^Numbers of years =Inflation-indexed bond

Let plug in the formula

Annual rate=100 / (1 + r) ^10 = 84.49

Annual rate= (100 / 84.49)^1 /10 − 1

Annual rate=(1.18357)^0.1-1

Annual rate=1.016-1

Annual rate=0.017

Therefore the annual rate of return will be 0.017

3 0
2 years ago
Read 2 more answers
Name the parties involved in insurance?
sdas [7]

Answer:

Insured.

Policy Owner.

Beneficiary.

Insurance Company.

Agent/Broker.

Underwriter.

Medical Examiner. » Compare: Term life insurance quotes.

4 0
3 years ago
Vaughn Manufacturing purchased equipment for $15300 on December 1. It is estimated that annual depreciation on the computer will
ki77a [65]

Answer:

The correct answer is option (E).

Explanation:

According to the scenario, computation of the given data are as follows:

Equipment = $15,300

Estimated annual depreciation = $3,060

Time period = 1 month

So, Depreciation = $3,060 × 1 ÷ 12

= $255

So, Here journal entry are as follows:

Depreciation A/c Dr $255

To Accumulated depreciation A/c $255

(Being the depreciation is recorded)

4 0
2 years ago
When conducting a capital budgeting analysis and attempting to account for effects of exchange rate movements for a foreign proj
7nadin3 [17]

Answer:

b. should be; should definitely not be

Explanation:

When conducting a capital budgeting analysis and attempting to account for effects of exchange rate movements for a foreign project, inflation <u>should be </u>included explicitly in the cash flow analysis, and debt payments by the subsidiary <u>should definitely not be</u> included explicitly in the cash flow analysis.

Inflation and movements in exchange rates reduces and impacts the value of cashflows and the real returns to be derived from an investment and must be considered in every investment analysis to take account of the time value of money.

Debt payments are NOT a requirement in investment analysis because the interest rate of the loans have been factored into the cost of capital with which the cashflows have been discounted

6 0
3 years ago
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