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vichka [17]
3 years ago
10

Which form of currency is not backed by gold today? The form of currency no longer backed by gold is called money

Business
1 answer:
Amiraneli [1.4K]3 years ago
3 0
<span>
The form of currency that is no longer backed by gold is called money. The currency is not backed by gold because in 1971 people have became able to utilize </span><span>banknotes</span><span> as the only form of money. So, the money had no currency with any gold or silver backing and that is the reason why it is not backed.
</span>
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A firm has unlevered beta of 1.1, and now its debt to equity ratio is 0.4. What is the levered beta assuming the tax rate is 40%
PolarNik [594]

Answer:

i dont know

Explanation:

3 0
2 years ago
Lewis Incorporated and Clark Enterprises report the following amounts for the year. Lewis Clark Inventory (beginning) $ 16,000 $
kkurt [141]

Answer:

Lewis Incorporated Cost Of Goods Sold      $ 145,600

Clark Enterprises   Cost Of Goods Sold      $103,400

Explanation:

Lewis Incorporated

Inventory (beginning)                                $ 16,000

Add Purchases 146,600

Less Purchase returns 7,000

Net Purchases                                            139,600

Less Inventory (ending)                              ( 10,000 )

Cost Of Goods Sold                                  $ 145,600

Clark Enterprises

Inventory (beginning)                                  $ 42,000

Add Purchases  165,400

Less Purchase returns 52,000

Net Purchases                                                 113,400

Less Inventory (ending)                                    ( 52,000)

Cost Of Goods Sold                                         $103,400

The brackets indicate that the amount is deducted.

8 0
2 years ago
Read 2 more answers
Buyers in country X prefer to use the older, cheaper version of Firm A's product although it is bulkier and less user-friendly.
Rzqust [24]

Options:

A.) Firm A needs to revamp its after-sales services.

B.) The sales of industrial goods are higher in Country X than in Country Y.

C.) The perception of quality can differ a cross countries

D.) Country X is a highly industrialized nation.

E.) Country Y has a lower average income level compared to Country X

Answer: C.) The perception of quality can differ a cross countries.

Explanation: The scenario illustrated above is most likely related to choice between users of different countries which may probably have different cultures, opinion, economic stability and various other reasons why they use the companies product.

This is because buyers in both countries are aware of the different versions of the product, However, buyers in one country tend to stick with the cheaper, older and bulkier version while buyers of the other nation preffered the newer and lightweight version. This is a clear issue of perception or ideas whereby some users think older versions of products even though may be less sleek in terms of appearance posses better quality than newer versions while some think otherwise that newer versions are always better in quality.

7 0
2 years ago
PLS HELP!!! Credentials are an official verification, from an accredited source, attesting to capability.
romanna [79]

Answer:

False

Explanation:

Credentials are an official verification, from an accredited source, attesting to capability. Credentials are an official verification, from an accredited source, attesting to capability.

6 0
3 years ago
Compound interest means that interest is calculated on:.
ira [324]

Answer: initial principal

Explanation:

Compound interest (or compounding interest) is interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods on a deposit or loan.

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