Using balance sheet information, the debt ratio indicates your ability to meet current debt payments. When you are trying to balance your debt payments, the ability to pay your debts and the debt you are gaining reflects your ability to optain loans and other necessary requiremends for business or living expenses.
Answer:
The correct answer is c. medium of exchange.
Explanation:
Money is a financial asset that serves as an intermediate platform to optimize the exchange of goods and services, avoiding the inaccuracies of bartering, that is, the direct exchange of goods and services. Therefore, for a good to be qualified as money, the following three criteria must be met and that are the three main functions that money fulfills in a modern economic system:
- Exchange medium: to avoid the inefficiencies of a barter system. When a good is required for the sole purpose of using it to be exchanged for other things, it owns this property. In addition, money should be a lightweight and easy to store and transport.
- Unit of account: When the value of a good is frequently used to measure and compare the value of other goods or when its value is used to denominate debts, it is said that the good possesses this property. The unit of account means that it is the unit of measure that is used in an economy to set prices.
- Conservation of value: When a good is acquired with the objective of preserving commercial value for future exchange, then it is said to be used as a store of value. Money is a store of value but not the only one, any asset that maintains its purchasing power over time will serve as a store of value.
<span>Akila loves to think about how the physical world works. she believes there are advanced civilizations on other planets. according to john holland's six categories of people, she is most likely in the realistic category. The answer to the missing blank is realistic.</span>
Answer: Because planning allows you to draw a guide on how to do things.
Explanation: The planning is order and when there is order there will always be better results. If a person has a goal and it is planned, it is more likely that she will get what she wants since she has traced a path, she has created a way of how to do it.
Planning helps you know what to take into account and what not. It allows you to focus on the important details and put aside things that can only serve as a distraction.
