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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:

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Hastings Entertainment has a beta of 0.65. If the market return is expected to be 11 percent and the risk-free rate is 4 percent
maria [59]

Answer:

The answer is 8.55 percent

Explanation:

This is Capital Assets Pricing Model(CAPM) shows the relationship between undiversified risk(systemai risk) and the expected rate of return for shareholders. It is used to determine the cost of equity. This model is widely used in finance.

The formula is: Risk free rate of return + beta(market return - risk free rate of return ).

Note that risk free rate of return - market return is known as risk premium i.e the compensation for taking risk.

Risk free rate of return - 4 percent

market return - 11 percent

Beta - 0.65

4 + 0.65(11 - 4)

4 + 0.65(7)

4 + 4.55

=8.55 percent

4 0
3 years ago
Cost reduction is still the number one priority for many supply chain executives, according to the MHI and Deloitte survey. Sele
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Answer:

MHI and Deloitte Survey

Cost Reduction #1 Priority

True

Explanation:

For supply chain companies to achieve their profit targets, they need to curtail costs.  Consumers are not ready to absorb much costs as they are presented with low-priced alternatives.  The competition for customers among supply chain organizations is very high.  Everyone competes for the dollar the consumer is willing to spend on goods.  With property and advertising costs skyrocketing, careful management of the cost structure is required.

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3 years ago
The Real Estate Recovery fund is financed through money received from administrative fines and surcharges on new and renewing li
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Answer:

The correct answer is:  $1,000,000 (one million dollars).

Explanation:

The Real Estate Recovery fund is the poll of money collected to refund people who have been affected somehow by real state brokers or salespeople. Fraud, misrepresentation or deceit are considered for his purpose and it is given only when no benefit can be provided to the person affected after court. If the amount implied is greater than $1,000,000 (one million dollars) the Real Estate Recovery Fund is unable to provide any reimbursement aid.

3 0
3 years ago
Aberwald Corporation expects to sell 90,000 bags of lawn fertilizer annually. The optimal safety stock (which is on hand initial
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Answer:

Annual demand (U) = 90.000 bags

Cost of each bag = $1.50

Inventory carrying cost per unit(C) = $1.50 × 20% = 0 30

Ordering cost per unit (O) = $15

Part A)

EOQ = \sqrt{\frac{2UO}{C}}

EOQ = \sqrt{\frac{2 * 90000 * 15}{0.30}}

EOQ = \sqrt{9000000}

EOQ = 3,000

Part B)

Maximum inventory = EOQ + Safety inventory on hand  

Maximum inventory = 3000 + 1000

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Part C)

Average inventory = Maximum inventory + Minimum or Safety /2

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Average inventory =2,500

Part D)

How often company order = Annual demand / EOQ

How often company order = 90,000 / 3.000

How often company order = 30

4 0
3 years ago
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