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4 years ago

When you are using money to purchase a new mp3 player, money is serving as a:?

1 answer:

5 0

The choices were A) store of value. B) medium of exchange. C) unit of account. D) double coincidence of wants

The answer is B) medium of exchange. The money was used as a medium to purchase a product. It can be observed on different transactions of customers to obtain their needed item. It can be a necessity or a want that person must have.

You might be interested in

Name the blue-shaded parts as a mixed number. A) 2 2/3 B) 3 2/3 C) 2 2/9 D) 3 2/9

tamaranim1 [39]

Answer:

[A] 2 2/3

Explanation:

Base on the given data you can see that 2 of the circle are fully shaded meaning

2 whole

There is one that is shade 2/3 {2 out of 3 are shaded}
Hence, put together

2 2/3

Therefore, the answer is [A] 2 2/3

~lenvy~

3 0

2 years ago

What type of advertising communicates the specific features, values, and benefits of a product offered by a particular company?

steposvetlana [31]

Answer:

c. brand advertising

Explanation:

c. brand advertising

It engage the consumer to purchase the product or service being advertised.

a. internal advertising

this adverize is done to hire vacants inside the company instead of hiring from utside the company

b. corporate advertising

Is done to put into radar of consumer the entire organization or company. It d not advertize for an individual brand or product.

d. institutional advertising

It is done to focus on the benefits, ideas, or philosophies of the organization. It is done to iprove the reputation. It buils positive image. It do not sale a product or service.

8 0

3 years ago

Wildhorse Corp. has total current assets of $12,152,000, current liabilities of $5,849,000, and a quick ratio of 0.94. How much

White raven [17]

Answer:

Wildhorse Corp. has inventory of $6,653,940

Explanation:

The quick ratio is a liquidity ratio that indicates a company's ability to pay its current liabilities when they come due without needing to sell its inventory or get additional financing. The quick ratio is calculated by the following formula:

Quick ratio = (Cash & equivalents + Short Term investments + Accounts receivable)/Current Liabilities

(Cash & equivalents + Short Term investments + Accounts receivable) = Quick ratio x Current Liabilities = 0.94 x $5,849,000 = $5,498,060

Inventory = Total current assets - (Cash & equivalents + Short Term investments + Accounts receivable) = $12,152,000 - $5,498,060 = $6,653,940

4 0

3 years ago

A buyer with a 15-year, $250,000 loan at a 5.5% interest rate has a monthly principal and interest payment totaling $2,042.71. W

lorasvet [3.4K]

Given:

Loan amount = $250000

Interest rate = 5.5%

Interest payment = $2042.71

To find:

Total amount of interest

Solution:

The total number of months in 15 years = $15\times12=180\text{ years }$

Total monthly payments will be $180\times \$2042.71 = \$367687.8$

So, the total pay-backs will be $3,67,687.8

Total interest paid will be as follows,

$\text{Total interest paid = Total pay-backs - Loan amount}$

On plugging-in the values in the above formula we get,

$\Rightarrow \$3,67,687.8-\$250,000=\$1,17,687.80$

Therefore, the total amount of interest that the borrower will pay over the course of the loan is $1,17,687.80.

8 0

3 years ago

Mussatto Corporation produces snowboards. The following per unit cost information is available: direct materials $16; direct lab

SCORPION-xisa [38]

Answer:

Selling price= $51.48

Explanation:

Giving the following information:

Direct materials $16

Direct labor $5

Variable manufacturing overhead $9

Variable selling and administrative expenses $6

To compute the total cost per unit, we will use the variable costing approach. We will only compute the variable costs.

Total cost per unit= $36

Selling price= $51.48

6 0

3 years ago