All categories

3 years ago

Which statement shows that money is a "store of value?"

Business

2 answers:

aniked [119]3 years ago

7 0

Answer:

I just used the ten dollars given to me last year.

Explanation:

Just took this test and got 100%

GREYUIT [131]3 years ago

3 0

The third one is most appropriate ! as it shows that the money can be stored and later we can use !

You might be interested in

Cycle Sporting Goods sells bicycles throughout the northeastern United States. The following data were taken from the most recen

koban [17]

Answer: 1250 units

Explanation:

GIVEN the following ;

JULY :

Expected sales = 1,990 units

Ending of month target inventory =400 units

AUGUST:

Expected sales = 2,140 units

Ending of month target inventory =490 units

SEPTEMBER:

Expected sales = 2,070 units

Ending of month target inventory =460 units

Ending of month target inventory in July = August beginning inventory = 400units

Expected August unit sales = 2,140 units

AUGUST ending inventory = 490 units

Expected sales = beginning inventory + purchased inventory - ending inventory

2140 = 400 + purchased inventory - 490

2140 = 890 + purchased inventory

Purchased inventory = 2140 - 890

August purchased inventory should be = 1250 units

8 0

4 years ago

Oak Corp., a calendar-year corporation, was formed three years ago by its sole shareholder, Glover, and has always operated as a

HACTEHA [7]

Answer:

Oak Corp distributed $15,000 to Glover and we are required to compute the amount and character of gain Glover must recognize under the scenarios as stated in the question:

a. No gain will be recognized by Glover. Rather, his stock basis will be reduced from $35,000 to $20,000 ($35,000 basis - $15,000 cash distribution). So, gain recognized by him is $0.

b. Long term capital gain of $7,000 ($15,000 - $8,000) will be recognized by Glover and his stock basis will be reduced from $8,000 to $0.

c. The entire $15,000 ($15,000-$0) will be recognized as long term capital gain by Glover and his stock basis will remain $0.

8 0

3 years ago

If trade between nations is prohibited, a. nations will be unable to specialize in what they are good at and therefore end up co

Strike441 [17]

Answer:

a. nations will be unable to specialize in what they are good at and therefore end up consuming less

Explanation:

There is no country that can produce all goods and services efficiently (at the least cost ). It is for this reason that trade between countries becomes necessary. Trade between countries gives countries the opportunity to concentrate on the production of goods in which it is efficient in production and purchase goods for which it produces at higher costs.

If trade between nations is prohibited, countries would have to produce goods that they are both efficient and ijefficient in their production, resources would be wasted, specialisation in the production of goods would not occur and consumption would fall.

I hope my answer helps you

5 0

4 years ago

Brian is thinking of taking a job as a waiter. What is an associated monetary cost that he should consider?

RUDIKE [14]

C.uniforms is the answer

3 0

3 years ago

*BLANK* bias indicates the tendency of an individual to attribute his or her own successes to internal factors while putting the

AveGali [126]

Answer:

B- Self-serving

Explanation:

just took it

6 0

4 years ago