You are using money primarily as a : Store of value
Money as a store of value is something that maintains its worth both in the present and in the future, with money being one such commodity in modern.
When money is a store of value, it means that it is capable of being held such that it can increase our wealth and net worth. This is why it can be saved and used as a means of capital.
Other characteristics of money includes :
- Medium of exchange
- Unit of account
- Standard of value
Hence, you are using money primarily as a store of value if you place a part of your summer earnings in a savings account.
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Answer:
$9,000,045
Explanation:
You will need more than HALF of the shares to win.
400,000 shares are there
Half of it:
400,000/2 = 200,000 shares
You would need 1 more to it, so:
Shares needed = 200000 + 1 = 200,001 shares
Total Cost would be the number of shares needed multiplied by the price of each share.
So,
<u>Total Cost = 200,001 * 45 = $9,000,045</u>
Answer:
analyse quality of service provided .
Explanation:
- The Diagonsis reference number is useful thing
- It is used to determine the importance of service provided and the relationship with providers.
- It starts from primary diagnosis
Option C
The implicit cost is $61,000.
<h3>What is the implicit cost?</h3>
Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
When you decide to start the business, you forgo the amount you earned from your job and the interest you were earning.
$60,000 + 1,000 = $61,000
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Answer:
1805
Explanation:
Number of units sold in September = 160 units
Using the first - In, First out inventory method : assumes that the oldest (first) inventory items have been sold first.
Inventory items will first be sold from April, the May and so on :
Unit price in April = $11 ; Number of items = 115
($11 * 115) = $1265
(160 - 115) = 45 units
This 45 units will be sold at unit price for May :
(45 * $12) = $540
Cost of goods sold in September :
$1265 + $540 = $1805