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Sveta_85 [38]
3 years ago
15

In​ economics, money is defined as A. the total value of​ one's assets minus the total value of​ one's debts, in current prices.

B. the total value of​ one's assets in current prices. C. the total amount of​ salary, interest, and rental income earned during a year. D. any asset people generally accept in exchange for goods and services.
Business
1 answer:
dem82 [27]3 years ago
7 0

Answer:

D. any asset people generally accept in exchange for goods and services.

Explanation:

Money is any asset this is generally accepted by people in the exchange of goods and services.

Characteristics of money

1. Durability: it should retain its usefulness for a long time.

2. Stable - it should be able to retain its value

3. Portable - it should be easy to transport money from one location to another

4. Recognisable- it should be generally recognised by the population as money.

Uses of money

1. Money can be used as a store of value.

2. It can be used as a unit of account. It should be able to be used to value goods and services.

3. Medium of exchange. It can be used to exchange for goods and services.

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g Smiley Corporation wholesales repair products to equipment manufacturers. On April 1, 20Y1, Smiley issued $20,000,000 of five-
avanturin [10]

Answer:

Explanation:

a

Cash 20811010

Bonds payable 20000000

Premium on Bonds payable 811010

b

Interest expense 818899

Premium on Bonds payable 81101 =811010/5*6/12

Cash 900000 =20000000*9%*6/12

c

The market rate of interest will be lower than the contract rate of interest.

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3 years ago
The practice of comparing a company with its prior performance or with best practices from other companies is called A. benchmar
KatRina [158]

Answer:

A. benchmarking

Explanation:

In companies; benchmarking is the good practice as it compares the company's business processes and performance metrics to industry. There are four types of benchmarking which are internal, competitive, functional and generic. Benchmarking always facilitate to seek the best practices of your competitor and learn it to implement or take strategic decisions. Based on the data and information which is derived from benchmarking; company can modified its strategies towards the achievement of objective to excel among competitors.

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3 years ago
1. What is the Law of Demand?
Ivanshal [37]

ok ok poko kdwkdwExplanation:

3 0
3 years ago
You are an experienced small business owner who would like to become a franchisee of Quick Burger, a nationwide franchise of fas
ArbitrLikvidat [17]

Answer:

In the situation in question, there are various things that need to be settled until the license contract is signed into. The first problem is the clarification on the territorial features of the company when separate branches of the very same network run which that create friction.

The second problem is the range, vocabulary, and style of franchise marketing strategies as heavy marketing, may damage one another's franchise consumers, and may harm the company in general. The third problem is the localisation-based exchange of information with both the franchise.

Whether it be the unified business center or customers that decide. Not considering it, could hurt the new franchisor. The fourth problem seems to be the exchange with other franchises of company data or data from my current customer base to support them.

6 0
4 years ago
If the required reserve ratio is 2.50 percent, what is the monetary multiplier? if the monetary multiplier is 5, what is the req
ludmilkaskok [199]

If the required reserve ratio is 2.50 percent, the monetary multiplier is 40.

The money multiplier gives us the ratio of deposits to reserves (i.e. 1/R). That means, if the reserve ratio is 2.50% (i.e. 0.025), the money multiplier is 40 (i.e. 1/0.025). Thus, an initial deposit of USD 1,000 will end up creating a total of USD 40,000 in new money.

If the monetary multiplier is 5, the required reserve ratio is 20%.

Playing with the original multiplier formula, we can derive that R=1/m (m is money multiplier). If the money multiplier is 5, then the reserve ratio is 20% (i.e. 1/5 or 0.20).

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