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Len [333]
3 years ago
10

Sam has saved $30 per week to buy a new Blu-Ray player. He compares two different models: a Panaview that is priced at $130 and

a Zony model that is priced at $140. Sam decides to purchase the Zony Blu-Ray player for $140. Identify what role money plays in each of the following parts of the story. Hint: Select each role only once. Role of Money Medium of Exchange Unit of Account Store of Value Sam can easily determine that the Panaview model has a lower price than the Zony model. Sam saved $30 per week. Sam pays $140 for the Blu-Ray player.
Business
1 answer:
mr Goodwill [35]3 years ago
4 0

Answer:

Sam can easily determine that the Panaview model has a lower price than the Zony model. ⇒ UNIT OF ACCOUNT

Sam saved $30 per week. ⇒ STORE OF VALUE

Sam pays $140 for the Blu-Ray player. ⇒ MEDIUM OF EXCHANGE

Explanation:

The four main functions of money are:

  1. it serves as a unit of account: it provides a common measure of the value of goods and services being exchanged.
  2. it serves as a store of value: money holds its value over time, so it serves as a store of value.
  3. it serves as a medium of exchange: you can use money to purchase goods and services
  4. it serves as a standard of deferred payment: money serves as a way of valuing a debt, so you can acquire goods now and pay for them later.
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The California Food Handler Card law requires food handlers to _____.
aalyn [17]

Answer:

undergo basic food-safety training

Explanation:

The California Food Handler Card law demands that every restaurant employee be trained on food safety practices to eradicate or minimize the possibilities of transmitting diseases. The law requires a reasonable level of training to ensure conformity with best practices in food handling.

Each restaurant must maintain records showing each employee is trained and possesses a valid California Food Handler Card. The card should be availed on request by the local enforcement officials upon request.

7 0
3 years ago
King enterprises has an Total Asset Turnover ratio of 5.0, Profit margin of 3%, and a ROE equals to 18%. What is the firm's equi
LenaWriter [7]

Answer: 1.2

Explanation:

The DuPont Analysis is a method of calculating the Return on Equity by using various other ratios. It shows the relatiosnhips between variables in a firm and can help the firm know which areas to target to improve ROE.

Using the DuPont Analysis, the Return on Equity is;

ROE = Profit Margin * Asset Turnover * Equity Multiplier

18% = 3% * 5 * Equity Multiplier

18% = 0.15 * Equity Multiplier

Equity Multiplier = 18%/0.15

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5 0
2 years ago
Sophie was informed by the management of her company that she would receive her salary for the current month a day later than us
Llana [10]

Answer:

The answer is closure.

Explanation:

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8 0
3 years ago
At December 31, 2021 and 2020, P Co. had 67,000 shares of common stock and 6,700 shares of 5%, $100 par value cumulative preferr
dmitriy555 [2]

Answer:

The basic earnings per share is $10.77

Explanation:

Basic earnings per share is the earnings specifically for common stockholders.

This is computed by dividing earnings after preferred dividends with weighted average number of common stock which is the same as the common stock outstanding  of 67,000 shares.

Earnings after preferred dividends=$755,000-(6700*5%*$100)

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Basic earnings per share=$721,500/67000=$10.77

The correct option is first one of the multiple choices provided

6 0
3 years ago
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Gre4nikov [31]

Answer:

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For example, the publisher would save money if it could print 10,000 books, but its clients only buy a few books at a time.

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3 years ago
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