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allsm [11]
3 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]3 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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Teams occur when a number of people have --------------- and recognise that their personal success is dependent on the success o
mihalych1998 [28]

Not sure what the options for the answer are (if there are any), but an appropriate entry in this box is "common goals," among other answers. Please let me know if you have any questions and provide me with the answer options if there are any.

6 0
3 years ago
Which of the following statements is true about utility?a. Everyone receives the same level of satisfaction from the same good o
Annette [7]

Answer:

The correct answer to the following question is option D) everyone receives different level of satisfaction from from the same good or services.

Explanation:

Utility can be defined as a measurement of satisfaction levels that a consumer experiences from the consumption of goods and services. From the above given options only D is correct as every one experiences different level of satisfaction from same good or services. Economists measures utility with a unit they refer to as util. All products doesn't produce same level of satisfaction .

6 0
3 years ago
Compute, Disaggregate, and Interpret RNOA of CompetitorsHalliburton and Schlumberger compete in the oil field services sector. R
wolverine [178]

Answer:

a. Return on net operating assets (RNOA) = Net Operating Income after tax / Average Net Operating Assets

Net Operating Income after Tax                                          HAL                SLB

Net Income (before tax)                                                        2,124             2,688

Add : Pre tax net non operating Expense                             653                 426

Net Operating Income before Tax                                      2,777                3,114

Marginal Tax Rate                                                                  22%                 19%

Less Tax Expense                                                                  -611                 -592

Net Operating Income after tax                                       2,166               2,522

Net Income before tax =  (Net Income (after tax)*1/(1 -Tax Rate)

Hal = 1,657 * 1/(1 - 22%)

= $2,124

SLB = 2,177 1/(1 - 22%)

= $2,688

                                                                                             HAL               SLB

Average Operating Assets                                                23,361         67,836

Average Operating Liability                                               5,888          16,499

Average Net Operating Assets                                      17,473           51,337

<h2>Return on net operating assets (RNOA)       12.40%           4.91%</h2>

B. Net Operating Profit Margin = Net Operating Profits after tax/ Total Revenue

                                                                                             HAL               SLB

Net Operating Income after tax                                         2,166           2,522

Total Revenue                                                                   23,995         32,815

<h2>Net Operating Profit Margin                            9.03%           7.69%</h2>

Net Operating Asset Turnover = Total Revenue/ Average Net Operating Assets

                                                                         HAL               SLB

Total Revenue                                                  23,995           32,815

Average Net Operating Assets                        17,473            51,337

<h2>Net Operating Asset Turnover        1.37 times      0.64 times</h2>
6 0
3 years ago
The concept of materiality:
ryzh [129]

Answer:

The correct answer is letter "C": Justifies ignoring the matching principle or the realization principle in certain circumstances.

Explanation:

The materiality accounting principle states that some of the Generally Accepted Accounting Principles can be omitted in the entry of an item while record-keeping a company's transactions only in the case the entry does not have any influence on the Financial Statements. Those principles could imply matching or realization principles.

6 0
4 years ago
Ending finished goods inventory selling expenses administrative expenses what is the gross profit?
Aleksandr-060686 [28]

Gross Profit = Revenue - Cost of Goods Sold is the formula for calculating gross profit.

<h3>What is Gross profit?</h3>

Gross profit is the amount of money your company makes after paying its expenses. Your net profit is your earnings after all expenses have been paid. The money that remains after an organization has paid for the products and services it sold is known as gross profit. The amount that is left over after all costs and taxes have been paid is the company's net profit.

The profit a company makes after deducting all of the expenses involved to producing and offering its goods or services is known as gross profit. The cost of goods sold (COGS) is subtracted from your total sales to determine gross profit.

To learn more about Gross profit from the given link:

brainly.com/question/18567528

#SPJ4

3 0
2 years ago
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