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4 years ago

How is the relationship between unitss in the money system in the u.s. similar to the metric system

Business

1 answer:

Agata [3.3K]4 years ago

3 0

Answer:

Both the metric system and the US monetary system are based on the system of tens.

Explanation:

The metric system is based on the meter, which is divided into 100 centimeters, while the US monetary system is based on the dollar that is divided into 100 cents.

Generally speaking all Americans and most US organizations use the Imperial System (along with Liberia and Myanmar), while the rest of the world uses the metric system. But some American organizations use the metric system also, like the military and many financial institutions, specially those that export or trade with commodities.

What s really intriguing about this, is that the metric system is the official measuring system of the US since 1866, but it hasn't been massively applied yet.

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Most corporations measure the value of a project in terms of which of the following?

MrRissso [65]

Answer:

D) Present Value (PV)

Explanation:

To measure the value of a project, firms calculate the Net Present Value (NPV) of the project. In a net present value analysis a firm forecasts the future cash flows, discounts the cash flows using a discount factor and then net the discounted cash flows A project is usually undertaken if the the NPV of the project is positive and is not undertaken is the NPV is negative.

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4 years ago

Assume that on July 1, 2018, Togo's Sandwiches issues a $2.97 million, one-year note. Interest is payable at maturity.

allsm [11]

Answer:

7% interest at Cec-31 for 6 months:

Dr Interest expense(7%*$2,970,000*6/12) $ 103,950

Cr Interest payable $103,950

9% interest at Sept 30 for 3 months:

Dr Interest expense(9%*$2,970,000*3/12) $66,825

Cr Interest payable $66,825

6% interest at Oct 31 for 4 months:

Dr Interest expense(6%*$2,970,000*4/12) $ 59,400

Cr Interest payable $59,400

8% interest at Jan 31 for 7 months:

Dr Interest expense(8%*$2,970,000*7/12) $138,600

Cr Interest payable $ 138,600

Explanation:

The rationale for debiting interest expense is that is an expense account and increase in expense is normally debited to expense account while interest payable account is credited as the interest obligations are yet discharged by a way of paying cash to investors

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4 years ago

One basic difference between "land" and "capital" resources is that land is multiple choice natural, while capital is created by

zhannawk [14.2K]

Natural while capital is man made.

7 0

4 years ago

In the linear consumption function

nordsb [41]

Answer:

i) the intercept is - 124.84 and it is negative because when the income of individuals is zero their consumption = - 124.84 (i.e. consumer borrows 124.84 ).

ii) $25465.16

iii) attached below

Explanation:

Given that the equation is

^cons = -124.84 + .853 * inc

i) Interpret the intercept in this equation and comment on its sign and magnitude

intercept : the intercept is - 124.84 and it is negative because when the income of individuals is zero their consumption = - 124.84 (i.e. consumer borrows 124.84 ).

The slope = .853 is positive because consumption is will increase by 0.853 whether the income rises or decreases by the value of 1

ii) Determine the predicted consumption when family income = $30000

^cons = -124.84 + 0.853 * ( 30000 )

= 25465.16

hence when family income = $30000 the predicted consumption = 25465.16

iii) Draw a graph of the estimated MPC and APC ( inc on the x-axis )

MPC = 0.853 ( constant )

APC = Cons / inc

attached below is the required graph

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3 years ago

The amount of energy absorbed by a vehicle in an impact is related to __________

gogolik [260]

The speed and weight of the vehicle, and whether the object it impacted absorbed any energy.

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3 years ago

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