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3 years ago

In uncertain economic times, what serves as a way of preserving economic value that can be spent or consumed in the future?

1 answer:

6 0

<span>Owning gold is a way of maintaining economic value that can be disburse or consumed in the future. Gold is a chemical element with a symbol “Au’.It is bright, reddish yellow and flexible metal. Gold is one of nature minerals in the planet. </span>

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To achieve its goal of increased market share, restaurant y launched a program that awards grade-school students a free cupcake

professor190 [17]

<span>Actually here to achieve the goal of increased market share the restaurant y followed the risk reward management function, which covers the bulk sales with clear cut super marketing strategy for their restaurants products along with word of mouth or mouth publicity, which works most of the time in any of the bussinesses.</span>

3 0

3 years ago

In its first year of operations, Gomes Company recognized $28,000 in service revenue, $6,000 of which was on account and still o

Mademuasel [1]

Answer:

a. The first year's net earnings under the cash basis of accounting is $7,600 and the first year's net earnings under the basis of accounting is $12,200

b. Accrual basis of accounting provides more useful information.

Explanation:

a. In order to calculate the first year's net earnings under the cash basis of accounting we would have to use the following formula:

Cash basis net earnings = Service revenue (Cash) – Cash expenses – Prepaid expenses

Cash basis net earnings =$22,000 – $12,000 – $2,400

Cash basis net earnings =$7,600

In order to calculate the first year's net earnings under the the basis of accounting we would have to use the following formula:

Accrual basis net earnings = Service revenue – Operating expenses incurred

Accrual basis net earnings= $28,000 – $15,800

Accrual basis net earnings=$12,200

b. Accrual basis of accounting provides more useful information, because in this system revenues are recorded what actually earned and expenses are recorded what actually incurred for earning such revenues. Therefore, it gives better profit picture

5 0

3 years ago

Credit risk measures using the structural model: assume a company has the following characteristics.

Alexeev081 [22]

Answer:

a ) Probability of default of debt over the time to maturity is 12.92%

(b ) Expected loss: $39.53

(C ) Present value of expected loss is $45.59

Explanation:

a ) Probability of default of debt over the time to maturity is 12.92%

(b ) Expected loss: $39.53

(C ) Present value of expected loss is $45.59.

Values calculated as shown in my detailed step by step answer at the attachment.

please kindly refer to attachment.

4 0

2 years ago

The production, purchase, and sale of goods in a world-wide market is known as the _____.

Akimi4 [234]

The answer you are looking for is

Global economy

8 0

3 years ago

Read 2 more answers

A property has a monthly net income of $1800, and an appraiser believes a 9 percent rate of return is appropriate for the proper

mart [117]

Answer:

estimated value = $240000

so correct option is C. 240000

Explanation:

given data

net income = $1800

rate of return = 9%

to find out

estimated value

solution

net income annual will be = net income × 12 (months)

net income annual = $1800 × 12

net income annual = $21,600

so estimated value will be

estimated value = $\frac{net\ income\ annual}{rate}$

estimated value = $\frac{21600}{0.09}$

estimated value = $240000

so correct option is C. 240000

8 0

3 years ago