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allsm [11]
2 years ago
14

Of money's three functions, the one that distinguishes money from other assets is its function as a a. store of value. b. unit o

f account. c. standard of deferred payment. d. medium of exchange.
Business
1 answer:
tiny-mole [99]2 years ago
4 0

The one that distinguishes money from the other assets is that it is used as a medium of exchange

Explanation:

Money is one of the most important factor in our day to day lives it has become as defining the country's economic standard and it is widely accepted all over the world

Money is used as the medium of exchange because we can buy all the necessary things using the money and can use it as a medium to exchange of goods and services. There are also other important functions as the method of comparing the values

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Potter & Lopez Inc. just sold a bond with 50 warrants attached. The bonds have a 20-year maturity and an annual coupon of 12
AfilCa [17]

Answer:

$3.76

Explanation:

Calculation of the implied value of each warrant

First step is to find the straight-debt value

Straight-debt value:

N = 20

I/YR = 15

PMT = −120

FV = −1000

PV = $812.22

Using this formula

Total value = Straight-debt value + Warrant value

Where,

Total value =$1,000

Straight-debt value=$812.22

Warrant=50

Let plug in the formula

$1,000 = $812.22 + 50

Second step is to find the warrant value

Warrant value= ($1,000 −$812.22)/50

=$187.78/50

=$3.7556

Approximately $3.76

Therefore the implied value of each warrant will be $3.76

4 0
3 years ago
Which demographic category reported the least amount of stress during 1983, 2006, and 2009?
Allisa [31]
<span>Retired people reported the least amount of stress during 1983, 2006, and 2009. Retired people obviously do not have to deal with the stress of a career or job, they most likely do not have to raise children and they are free to engage in any pleasurable activity they please.</span>
3 0
3 years ago
Joana volunteers to deliver a last-minute presentation on behalf of her team. Which quality is Joana demonstrating?
Ymorist [56]
Joana is demonstrating responsibility
4 0
3 years ago
Read 2 more answers
Distinguish between small and large office.<br>​
KonstantinChe [14]

Answer:

A small office is usually found in a small organisation because the volume of clerical activities is small.  An example of a large office is a bank. A factory could also be an example of a large office if it has more than ten people working in it. In a large office, work is divided among the many clerical workers.

4 0
2 years ago
Which of the following transactions are examples of prepayments that will require an adjustment at the end of the accounting per
iren [92.7K]

Answer:

Which of the following transactions are examples of prepayments that will require an adjustment at the end of the accounting period on December 31? (Select all that apply.)

B. A company pays a 6-month insurance premium at the beginning of October.

D. A company pays for 4 months of advertising in the Wall Street Journal on November 1.

Explanation:

B. A company pays a 6-month insurance premium at the beginning of October.

Record expenses for 3 months. Oct-nov-dec. Otrher 3 months are prepaid expenses.

D. A company pays for 4 months of advertising in the Wall Street Journal on November 1.

Record expenses for 2 months. Nov-Dec. Other 2 months are prepaid expenses.

3 0
3 years ago
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