The above example of buying cheese and bread best illustrates money's function as:
D. Medium of Exchange
By exchanging currency, you were able to buy food products from the deli. This is one of the most powerful functions of money.
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Answer:
$3,200,000
Explanation:
The net income after taxes (NIAT) is determined as the product of the basic earnings per share (EPS) by the number of shares outstanding.
Since Peak Performance Sporting Goods has an EPS of $0.80 per share and 4,000,000 shares outstanding, their net income after taxes, for this period is:
Net income after taxes for the same period = $3,200,000.
Answer: Yes
Explanation: Bonds with detachable stock warrants could be explained as bonds which gives the holder an added offer of being able to purchase a certain asset a a specified price at a certain time. According to the scenario above, the income generated from the Issuance of the bond falls below the aggregate market value of the bond, In this case, the portion of the proceed allocated to the warrant will be less than their market value which is largely due to the impact of the shortfall in the proceed generated from Issuance of the bond. Due to the shortfall in the allocated proceed, the share of proceed applied to the warrant will be noted as outstanding in the detachable stock warrant.
Answer:
A. True
Explanation:
Performance evaluation of an employee should be based on his performance. He should be communicated with expected performance and then analysis should be done against standard and actual performance. When John Jacob has set performance standards and clearly communicates it to all team members the appraisal process would be relatively easy.
Answer:
c
Explanation:
a. Related goods can be complementray goods or substituted goods. In case of complementary goods, price of related good is inversely related to quantity demanded. In case of substituted goods, price of related good is directly related to quantity demanded.
b. It can be greater than 1.
c. It is always negative as relationship between price and quantity demanded is inverse.
d. It doesn't violate the law of demand
