Answer:
A.) Medium of exchange - Here money is used for doing transaction and therefore, this example is under the medium of exchange.
B.) Store of value - Here, a person store or deposits his money into a bank and therefore, this shows the store of value characteristic of money.
C.) Medium of exchange - Here, one of my friend utilize money for helping me mowing lawns which shows that money is used as a medium of exchange.
D.) Unit of account - The unit of account characteristic of money is reflected here because a person easily calculated his net earnings for the year on the tax return in terms of money.
E.) Unit of account - The unit of account characteristic of money is reflected here because a person easily calculated his new lawn mower value.
Answer:
$414000
Explanation:
Calculation to determine what Net cash provided by operating activities for the year is
Net income $394000
Less Receivable increased ($29000)
Less Accounts payable decreased ($12000)
Add depreciation expense $61000
Net Net cash provided by operating activities $414000
Therefore Net cash provided by operating activities for the year is $414000
Answer:
$ 701,000
Explanation:
Balance At December 31, 2019 = $878,000
$168,000 will be deducted since these are not due to be received until January 2nd as well as $9,000 will also be deducted
$878,000 - $168,000 - $9,000 = $ 701,000
Answer:
True
Explanation:
Financial Instruments are agreements pertaining to the exchange of money between parties. The financial instruments could be in the form of cash or the right bound by contractual laws to receive or deliver items with monetary value. Shares, bonds, loans, and derivatives like futures and forwards are other examples of financial instruments. These financial derivates are securities whose prices are hinged on underlying assets like bonds, stocks, commodities, and currencies. Cash instruments, on the other hand, have their prices determined mainly by the market fluctuations.
Classification of financial instruments could be based on the asset or debt classes. The debt classification could also be broken down as being long or short term. So, the grouping by time to maturity (money vs. capital) or type of obligation (stock, bond, derivative) is a system of classifying financial instruments.
Answer:
The answer is Letter D.
Explanation:
Yes, the company failed to appropriately discipline the supervisor. Because sexual harassement in a workplace is a form of discrimination that affects the dignity of women and men. The company is responsible for maintain a health and secure work environment for all the employees, in this case the company didn't provide that.
The company was lenient, and that is the reason why Maxine needed to file a court action against the supervisor and Ace.
