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kari74 [83]
3 years ago
6

The unit of account function of money:

Business
1 answer:
sleet_krkn [62]3 years ago
8 0

Answer: Money makes price information more accessible

Explanation: The unit of account function of money tells that money can be used as a common measurement for all the goods or services offered in the market, thus, making it possible to price the commodities and making it more accessible and informative to the consumers.

In simple words it means all units can be measured on the basis of money.

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Your newest coworker is not as productive as other members of your team. You and your coworkers have to work harder to make up f
BaLLatris [955]

Answer:

The correct answer would be option C.

Explanation:

If there is a new co worker hired in my office, and its her beginning days, and I, along with other team members see that she is not as productive as other members of the team are, and we all have to work more and harder to make up for her work. So i would preferably give her advice and tips for how to get things done correctly and efficiently. I would not like to get her out of the office, rather i will try to make her understand the things as soon as possible and give her tips to increase her work efficiency. But if the problem continues, and I believe that she will not be able to cope up with us, then i will talk to the supervisor and suggest him that she might not be the best role for us. But i will go with option C.

6 0
3 years ago
Read 2 more answers
On January 1, 2021, Perez Co. issued at par $10,000 of 6% bonds convertible in total into 1,000 shares of Perez's common stock.
marusya05 [52]

Answer:

EPS = $4.50

diluted EPS = $2.46

Explanation:

no option is correct since EPS = $4.50, and the rest of the options are all higher amounts. Diluted EPS are always smaller than EPS.  

common stock outstanding = 1,000 stocks

bonds shares (diluted) = 1,000 stocks

net income = $4,500

bond interest = $10,000 x 6% x (1 - 30%) = $420

diluted earnings per share = ($4,500 + $420) / (1,000 shares + 1,000 shares) = $4,920 / 2,000 shares = $2.46

7 0
4 years ago
Magic Realm, Inc., has developed a new fantasy board game. The company sold 35,600 games last year at a selling price of $62 per
Natasha_Volkova [10]

Answer:

1a.

                              Magic Realm, Inc.,

                         Contribution format income statement

                                   Per Unit                    Amount

Sales                               62                         2,207,200

Variable expenses         42                         (1,495,200)

Contribution margin       20                         712,000

Fixed expenses                                            (623,000)

Net operating profit                                      89,000

1b.

Degree of operating leverage: 4

2. The expected percentage increase in net operating income for next year: 184%  

Explanation:

1a. Please refer to the answer part

1b. Degree of operating leverage = Contribution margin / net operating profit = 712,000/89,000 = 8.

2.

Expected percentage increase in net operating income for next year = Expected percentage increase in sales next year x operating leverage = 23% x 8 = 184%

3 0
3 years ago
You purchased 1,350 shares of Barrett Golf Corp. stock at a price of $36.23 per share. While you owned the stock, you received d
enot [183]

Answer:

$6210.00

Explanation:

The computation of total dollar return on the investment is shown below:-

Total Return on Shares = (Dividend + (Sale price - Purchase price)) × Number of Shares

=  ($0.65 + $40.18 - $36.23) × 1,350

= $4.6 × 1,350

= $6210.00

Therefore for computing the total return on shares we simply applied the above formula.

4 0
3 years ago
The impairment rule for goodwill involves how many steps?(a)1(b)2(c)3(d)4
Kobotan [32]

Answer: 2 steps

Explanation: While calculating impairment of goodwill following steps should be taken :-

1.In the first step the fair value of the goodwill is compared with its carrying value.

2. In the second step, if the fair value comes to be lower than the carrying value, then it is concluded that there is an impairment and then it is computed accordingly.

7 0
3 years ago
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