1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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>
You might be interested in
White Corporation, a closely held personal service corporation, has $150,000 of passive activity losses, $120,000 of active busi
LenKa [72]

Answer:

correct option is a.$0

Explanation:

given data

passive activity losses = $150,000

active business income = $120,000

portfolio income = $30,000  

to find out  

how much passive activity loss can White Corporation deduct

solution

as per given we know that here white corporation is a Personal Service Corporation

so that it is not deduct the passive loss against the portfolio income

so correct option is a.$0

3 0
3 years ago
) Offensive strategic moves involve all of the following except 38) A) pursuing continuous product innovation to draw sales and
Nesterboy [21]

Explanation:

hi Jessica you are pretty

8 0
3 years ago
Purple Feet Wine, Inc., receives an average of $14,000 in checks per day. The delay in clearing is typically four days. The curr
Dominik [7]

Answer:

The correct answer is $56,000.

Explanation:

According to the scenario, the given data are as follows:

Average checks per day = $14,000

Days in clearing = 4 days

Interest rate = 0.018% per day

So, we can calculate the company's float by using following formula:

Company's Float = Average checks per day × Days in clearing

By putting the value in the formula, we get

Company's Float = $14,000 × 4

= $56,000

8 0
3 years ago
A business maintains subsidiary accounts for each of its customers. on may 15, the business sells services on account: $2,500 to
Andreyy89
A number that can be added but idk do u know because im bored and have home work and all fs so i need help im home schooled


7 0
3 years ago
Sasha has run a small diner near the train station for the past ten years. Six months ago, a chain restaurant serving gourmet bu
fenix001 [56]

Answer:

threat of new entrants

Explanation:

Based on the information provided within the question it can be said that force that has affected Sasha's business, from Porters five forces was the threat of new entrants. This force refers to the threat that comes from new competitors entering an industry with existing competitors. If the barrier to entry of the market is low/easy for these new companies then it creates a huge threat to the existing company's since it allows them to get established in the market fast and at a low cost.

6 0
3 years ago
Other questions:
  • Exercise 06-5 Absorption costing and variable costing income statements LO P2 Rey Company’s single product sells at a price of $
    12·1 answer
  • What is federal income tax?
    15·2 answers
  • 1. Assume the value of a market basket for a given year is $550 and the same basket in the base year was $500. Calculate the CPI
    15·1 answer
  • A car dealer wants to get rid of the stock of last year's model. Assume that the dealer knows from past experience that the pric
    9·2 answers
  • The effects of unionization on wages in the sectors of the economy that are unionized causes the supply of labor in other sector
    10·2 answers
  • Assuming that the quantities of inventory on hand during the current year were sufficient to meet all demands for sales, a decre
    7·1 answer
  • Mini-CaseSparky Weyer, president and CEO of Minimotors, Inc., a growing manufacturer of small (some of them downright tiny) elec
    10·1 answer
  • Suppose the demand function for good X is given by: where is the quantity demanded of good X, is the price of good X, and is the
    13·1 answer
  • In the car insurance case study, text mining was used to identify auto features that caused injuries. Group of answer choices Tr
    11·1 answer
  • Mansfield Corporation purchased a new warehouse at the beginning of Year 1 for $ 1,000,000 . The expected life of the asset is 2
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!