Answer:
The correct answer is C
Explanation:
Money is the term which is described as something which serves as exchange medium, store of value and a unit of accounting. It is a exchange medium in the terms, that the person will agree to receive it by making a transaction.
In short, when depositing the money into any financial institution like banks, then this states the store of value function of the money.
Therefore, the one which is not the function of money is that it has the operations in the open market.
Answer:
illegal but ethical.
Explanation:
The actions of Flickczar selling distribution rights to distributors in underserved areas at low prices, and to other areas at normal price is illegal because it is reliant on a suspect category (based on underserved or disadvantaged communities).
The action is ethical because it aims to improve the lives of those that have lower level of living compared to others.
So Flickczar's business practice is illegal but ethical.
Answer:
The subsidiary reports cost of goods sold at A. $660,000.
Explanation:
Cost of goods sold is the direct cost of producing or purchasing the goods sold by a business. The formula for cost of goods sold is as follows:
Cost of goods sold = Opening inventory + Purchases - Closing inventory
The subsidiary calculates its cost of goods sold as follows.
Opening inventory $120,000
Add: Purchases $720,000
Less: Closing inventory ($180,000)
Cost of goods sold $660,000
Therefore, the correct option is A. $660,000.
Answer:
A: Demand of euros in foreign market.
B: Supply of Euros
C: Demand of Euros
D: Demand of Euros
E: Supply of Euros
F: Demand of Euros
G: Supply on Euros.
Answer:
EMI=P*r * (1+r)^n/(1+r)^n-1
Where EMI= equal monthly installments
P=Principal amount
r=rate of interest
n=numer of periods
Explanation:
P=$184,500
r=4.65%/12=.3875%
n=30*12=360
EMI=$184,500*.3875%*(1+.3875%)^360/((1+.3875%)^360-1)
EMI=$951
Interest in first monthly installment=$715
Principal Amount in first monthly installment=$236
