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3 years ago

Which of the following is an example of representative money?

2 answers:

5 0

"Representative money<span> is an item such as a token or piece of paper that has no intrinsic value but can be exchanged on demand for a commodity that does have intrinsic value, such as gold, silver, copper, and even tobacco" Google.

</span>C) A check.

djverab [1.8K]3 years ago

3 0

C is the correct answer

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Which of the following characteristics would lead the auditor to assess control risk at a higher level?a. It is difficult for th

Yuri [45]

Answer:

E. All of the above.

3 0

3 years ago

Grand Energy Corporation (GE) plans to issue bonds to raise $190 million. GE's investment banker will charge 5 percent of the to

Pavlova-9 [17]

The number of bonds that GE must sell to net $190 million after flotation costs is 200,000 bonds.

<h3>Number of bonds</h3>

First step is to calculate the amount issue

Net proceeds = Amount of issue x (1 - Flotation costs)

$190,000,000 = Amount of issue x (1 - 0.05)

Amount of issue = $190,000,000/0.95

Amount of issue= $200,000,000

Second step is to calculate number of bonds

Number of bonds = $200,000,000/$1,000

Number of bonds= 200,000 bonds

Inconclusion the number of bonds that GE must sell to net $190 million after flotation costs is 200,000 bonds.

Learn more about bonds here:brainly.com/question/25596583

7 0

1 year ago

Lego en tu cuaderno un cuadro como el siguiente banderín de causas consecuencias y propuestas para la salida de la crisis económ

Butoxors [25]

Answer:

hi im just getting my points

Explanation:

and im good btw

8 0

2 years ago

An investor purchases a 12-year, $1,000 par value bond that pays semiannual interest of $50. If the semiannual market rate of in

WARRIOR [948]

Answer:

the present value of the bond is $16.67

Explanation:

given data

time NPER = 12 year = 12 × 2 = 24 semi annual

bond value FV = $1000

interest PMT = $50

rate of interest = 6% = $\frac{0.06}{2}$ = 0.03 = 3 % semi annual

solution

we will apply here formula for current value in excel as given below

-PV(Rate;NPER;PMT;FV;type) .............1

put here value as

rate = 3% and NPER = 24 , and FV = 1000 and PMT = $50

solve it we get

the present value of the bond is $16.67

4 0

2 years ago

Sirah runs a housecleaning service. She wants her employees to be highly efficient, cleaning a certain number of houses each day

romanna [79]

Answer:

transactional

Explanation:

Transactional leadership includes day-to-day performance and monitoring with respect to the focus on the organization related to the supervision and compliance of rules and regulations via rewards and retribution.

Since in the given situation it is mentioned that they have to clean the houses each day and perform the work accordingly so it would be transactional leadership style

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3 years ago