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Andrew [12]
3 years ago
6

Fiat money has :

Business
1 answer:
lys-0071 [83]3 years ago
3 0

Answer: Option (B)

Explanation:

Fiat money is referred to as the currency which tends to have no intrinsic value and thus has been further entrenched as money. This process is often carried out by the federal government. This particular type of money does not tend to have the use of value, and only has the value since the authority i.e. the government tends to maintains its value.

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7 0
4 years ago
Crystalize is a decorative glassware manufacturer. The company's production team takes 8 hours to produce 96 identical glass ite
exis [7]

Answer:

B) 12 items per hour.

Explanation:

Calculation for the labor productivity of Crystalize.

Using this formula

Labor productivity=Numbers of items produce/Hours to produce

Let plug in the formula

Labor productivity=96/8

Labor productivity= 12 items per hour

Therefore labor productivity of Crystalize will be 12 items per hour.

4 0
3 years ago
Redesigned Computers has 6.2 percent coupon bonds outstanding with a current market price of $604. The yield to maturity is 14.4
DochEvi [55]

Answer:

These bonds mature in 8 years

Explanation:

We are required to find the Number of Years that the Bonds  will mature. Thus we want to find N

Using A financial Calculator

PV    = $604

YTM = 14.4 %

PMT = $1,000 × 6.2 % = 62

FV    = $ 1000

P/YR = 1

N   = ?

N = 8.837

Therefore these bonds mature in 8 years

5 0
3 years ago
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kaheart [24]
Ok thanks for that xxx
3 0
3 years ago
Pamela and Amanda form Pansy Corporation. Pamela transfers land (basis of $40,000 and fair market value of $90,000) for 50 share
Pie

Answer:

c. Pansy Corporation’s basis in the land is $90,000.

Explanation:

Journal                      Debit      Credit

Land Account         $90,000  

To share capital                        $80,000

(50 Shares at $80000)

To cash                                      $10,000

GAAP require that a business to record an exchange of stock for property at the fair or market value of the transaction. Hence, one can use either the market value of the common stock or the market value of the land.

5 0
3 years ago
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