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3 years ago

What is the velocity of money?

Business

1 answer:

AleksandrR [38]3 years ago

8 0

Answer:

The rate at which money circulates through an economy.

The velocity of money is 2.

Explanation:

The velocity of money is the rate at which money circulates in an economy. It can be defined as the rate at which money is exchanged or is used to purchase goods and services.

It is the number of times money changes hands or number of times money has been used in a given period of time.

According to the equation of exchange,

Nominal output

= $Money\ supply\times Velocity\ of\ money$

Velocity of money

= $\frac{Nominal\ GDP}{Velocity\ of\ money}$

= $\frac{88,000}{44,000}$

= 2

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A firm has an outstanding issue of 1,000 shares of preferred stock with a $100 par value and an 8 percent annual dividend. The f

katen-ka-za [31]

Answer:

“Hence, the amount that must be paid to the preferred stockholders be paid prior to paying dividends to common stockholders at the end of third year = $24,000”

Explanation:

The Paid-up value of Preferred Shares = $100,000 [1,000 Shares x $100]

The Amount of Preferred Dividend per year = $8,000 [$100,000 x 8%]

The amount that must be paid to the preferred stockholders be paid prior to paying dividends to common stockholders at the end of third year

= Cumulative Preferred Dividends payable for the 2 years + Current Year Dividend

= [$8,000 x 2 Years] + $8,000

= $16,000 + 8,000

= $24,000

“Hence, the amount that must be paid to the preferred stockholders be paid prior to paying dividends to common stockholders at the end of third year = $24,000”

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3 years ago

Alice, Betty, and Cathy are interested in forming a business venture. Alice is quite wealthy and is ready to contribute money t

jolli1 [7]

Answer:

I agree with that, because all of them have good bussiness ideas.

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4 years ago

Explain how apple corporation helped the world to get better by its contribution in different fields of life

andre [41]

Explanation:

Apple is one of the largest companies in the world, and has contributed positively to the world in different fields of life. It can be said that the company has the highest standards of environmental management that contributes to the reduction of impacts caused by the company to the environment, as well as to the preservation and investments in environmental programs.

It is also correct to say that the company has revolutionized the way people communicate, with the creation of its technological devices that provided greater interaction between people, greater speed with which communication is exercised, helping in business, in the way of living, to buy and interact with the world.

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3 years ago

The highest value of total cost was $ 710 comma 000 in June for Horchata Beverages, Inc. Its lowest value of total cost was $ 5

marta [7]

Answer:

A. $ 450 comma 000

Explanation:

In order to compute the fixed cost per month first we have to determine the variable cost per unit which is shown below.

Variable cost per hour = (High total cost - low total cost) ÷ (High production volume - low production volume)

= ($710,000 - $550,000) ÷ (13,000 units - 5,000 units )

= $160,000 ÷ 8,000 units

= $20

Now the fixed cost equal to

= High total cost - (High production volume × Variable cost per unit)

= $710,000 - (13,000 units × $20)

= $710,000 - $260,000

= $450,000

We simply applied the above formula

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3 years ago

Company X sold one of its divisions for $15,000,000 at the end of 2018. At the time of sale, the division had a book value of $1

Lady bird [3.3K]

Answer:

Loss on discontinued use of unit= $900,000

Explanation:

Company X sold one of its divisions for fair value of $15,000,000 while the book value is $14,000,000.

So they made a gain of $1,000,000

The division made a pretax loss of $2,500,000

Net loss= Pretax loss- Gain from sale

Net loss= 2,500,000- 1,000,000

Net loss= $1,500,000

Tax rate for Company X is 40% so taxed amount for the loss= 0.40* 1,500,000= $600,000

Loss on discontinued use of unit= Pretax loss - Tax

Loss on discontinued use of unit= 1,500,000- 600,000= $900,000

6 0

4 years ago