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
ValentinkaMS [17]
3 years ago
7

Which statement shows that money is a "measure of value?" This bill is worth twenty dollars. My mp3 player is worth two hundred

dollars. The dollar I just found in my drawer is still worth a dollar. The more gigabytes it has, the more it is worth.
Business
2 answers:
igor_vitrenko [27]3 years ago
3 0

Answer: Option (B) is correct.

Explanation:

There are four functions of money are as follows:

(i) Medium of exchange

(ii) Store of value

(iii) Measure of value( unit of value)

Measure of value is a function of money which enables us to measure the value of different goods and services that a consumer wants to buy or seller wants to sell in monetary terms.

Therefore, we can easily measure the value of mp3 player in monetary terms i.e. it is worth two hundred dollars.

Savatey [412]3 years ago
3 0

Answer:

The answer is  My mp3 player is worth two hundred dollars

Explanation:

You might be interested in
In 2016, Chaya Corporation, an accrual basis, calendar year taxpayer, provided services to clients andearned $25,000. The client
Artemon [7]

Answer:

$27,333.33

Explanation:

The computation of the amount of income reported is shown below:

= Provided services to the customer + Payment received × number of months ÷ given number of months

= $25,000 + $12,000 × 7 months ÷ 36 months

= $25,000 + $2,333.33

= $27,333.33

The seven months is calculated from the June 1 to December 31. We assume the books are closed on December 31

7 0
3 years ago
$400,000, and his personal bank account has a balance of​ $1,200. Identify the principle or assumption that best matches the​ si
zimovet [89]

Answer:

a.​ Michael's personal assets are not recorded on the​ company's balance​ sheet:

Explanation:

the question in incomplete, so I looked it up:

Michael McNamee is the proprietor of a property management​ company, Apartment​ Exchange, near the campus of Penscola State College. The business has cash of​ $8,000 and furniture that cost​ $9,000 and has a market value of​ $13,000. The business debts include accounts payable of​ $6,000. Michael's personal home is valued at​ $400,000, and his personal bank account has a balance of​ $1,200. Identify the principle or assumption that best matches the​ situation:

In accounting, the economic entity principle states that a company's financial  records are separate and distinct from the financial records of its owners. Even though Michael is the owner of company, his personal assets should not be included in the company's financial statements.

8 0
3 years ago
Weaver Company's predetermined overhead rate is $21.00 per direct labor-hour and its direct labor wage rate is $15.00 per hour.
Misha Larkins [42]

Answer:

1. $590

2. $9.83

Explanation:

1.

Total Number of Direct Labor Hours:

= Total Labor Cost ÷ Labor Rate Per Hour

= 150 ÷ 15

= 10 Hours

Total Overheads:

= Total Number of Direct Labor Hours*Predetermined Overhead Rate

= 10 × 21

= 210

Total Manufacturing Cost = 230 + 150 + 210

                                           = $590

2.

Average Cost:

= Total Manufacturing Cost ÷ Number of Units

= 590 ÷ 60

= $9.83

3 0
3 years ago
Sue can either borrow $10,\!000$ dollars for $5$ years with a simple interest of $7\%$ annually or an interest which compounds a
dalvyx [7]

She would  have to pay back for the more expensive interest than the less expensive interest which will be calculated in the form of simple interest and compound interest .

Simple interest

10000 x .07 = 700

700 x 5 = 3500

total 13500

Compund interest

10000(1.06)^5 = 13382.26

13500 - 13382.26 = 117.74

118 rounded

Learn more about simple interest and compound interest here :

brainly.com/question/25663053

#SPJ4

3 0
2 years ago
Alpha Communications, Inc., which produces telecommunications equipment in the United States, has a very strong local market for
CaHeK987 [17]

Answer:

1-If the transfer price is set equal to the U.S. variable manufacturing cost, Alpha Communications will have a profit of $32.80 per circuit board with US Share as $0 and German Share as $32.80.

2-If the transfer price is set equal to the U.S. market price, Alpha Communications will have a profit of $39.20 per circuit board with US Share as $24 and German Share as $15.20. The transfer price as US market price is more effective for the Alpha Communications.

3:a- If the German division can obtain the boards in Germany for 155, it is better for the German division because due to lack of additional shipping fee and import duty, this price is more feasible for the German division.

3:b- If the company decide to sell the US circuit boards locally and allow German division to obtain the circuit boards in Germany, then Alpha Communication will have a profit of $60 per circuit board with US Share as $24 and German Share as $36.

Explanation:

1-If the transfer price is set equal to the U.S. variable manufacturing cost, Alpha Communications will have a profit of $32.80 per circuit board. The calculations are as follows:

US Operation:

Sales Revenue(Price set to variable manufacturing cost): $130

Variable Manufacturing Cost:                                              : ($130)

_________________________________________________

Contribution Margin                                                            : $ 0

German Operation:

Selling Price:                                                                         $360

Transfer Price:                                                                      ($130)

Additional Cost:                                                                    ($115)

Shippng Cost:                                                                       ($20)

Import Duty (10% of Transfer Price): 10% x 130=0.1x130=    ($13)

_________________________________________________

Income Before Tax:                                                             $82

Income Tax (60% of Income Before Tax):60%x82           ($49.20)

___________________________________________________

Income After Tax                                                                 $32.80

2-If the transfer price is set equal to the U.S. market price, Alpha Communications will have a profit of $39.20 per circuit board. The transfer price as US market price is more effective for the Alpha Communications. The calculations are as follows:

US Operation:

Sales Revenue(Price set to variable manufacturing cost): $170

Variable Manufacturing Cost:                                              : ($130)

_________________________________________________

Income Before Tax                                                                : $ 40

Income Tax (40% of Income Before Tax):40%x40              :($16)

_________________________________________________

Income After Tax:                                                                   : $24

German Operation:

Selling Price:                                                                         $360

Transfer Fee:                                                                        ($170)

Additional Cost:                                                                    ($115)

Shippng Cost:                                                                       ($20)

Import Duty (10% of Transfer Price): 10% x 170=0.1x170=    ($17)

_________________________________________________

Income Before Tax:                                                             $38

Income Tax (60% of Income Before Tax):60%x38           ($22.80)

___________________________________________________

Income After Tax                                                                 $15.20

Total Income By Alpha Communication: $24+$15.20=$39.20

3-a: If the German division can obtain the boards in Germany for 155, it is better for the German division because due to lack of additional shipping fee and import duty, this price is more feasible for the German division.

At the lower tranfer price of 130, the total impact of transfer is given by

Transfer Price:                                                                       $130

Shippng Cost:                                                                        $20

Import Duty (10% of Transfer Price): 10% x 130=0.1x130=    $13

___________________________________________________

Total Impact                                                                          $163

It is more than the local available price, Thus the company should purchase their circuit board locally.

3-b If the company decide to sell the US circuit boards locally and allow German division to obtain the circuit boards in Germany, then Alpha Communication will have a profit of $60 per circuit board.

US Operation:

Sales Revenue(Price set to variable manufacturing cost): $170

Variable Manufacturing Cost:                                              : ($130)

_________________________________________________

Income Before Tax                                                                : $ 40

Income Tax (40% of Income Before Tax):40%x40              :($16)

_________________________________________________

Income After Tax:                                                                   : $24

German Operation:

Selling Price:                                                                         $360

Local Circuit Board Price                                                     ($155)

Additional Cost:                                                                    ($115)

_________________________________________________

Income Before Tax:                                                             $90

Income Tax (60% of Income Before Tax):60%x38           ($54)

___________________________________________________

Income After Tax                                                                 $36

Total Income By Alpha Communication: $24+$36=$60.0

3 0
3 years ago
Other questions:
  • During the 1920s, the Federal Reserve increased the money supply and kept interest rates very low, encouraging consumer spending
    14·1 answer
  • Compared with free​ trade, large countries may increase national welfare when they place a tariff on imports. What unique aspect
    10·1 answer
  • Need help with this question asap plz
    11·1 answer
  • In top-down design, a step that needs to be expanded further is called a(n) ___.
    6·1 answer
  • When the bicycle manufacturer Trek determined that some consumers use bikes for green transportation whereas others use them for
    8·1 answer
  • In project management, project data is collected, analyzed, and then transformed into information, which is then communicated an
    9·1 answer
  • On September 30, 2021, Athens Software began developing a software program to shield personal computers from malware and spyware
    5·1 answer
  • What is the yield to maturity of a bond that as a face value of $1,000, is currently selling for $980, has a 5% coupon (paid sem
    13·1 answer
  • The Electrocomp Corporation manufactures two electrical products: air conditioners and large fans. The assembly process for each
    14·1 answer
  • Give reasons to show why management is inexact science and not an exact science?​
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!