1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mr_godi [17]
3 years ago
11

A goldsmith has $2 million of gold in his vaults. He issues $5 million in gold receipts. His gold holdings are what fraction of

the paper money (gold receipts) he has issued? LO33.1 a. 1/10. b. 1/5. c. 2/5. d. 5/5.
Business
1 answer:
stealth61 [152]3 years ago
8 0
He has 2 million gold holding
He has 5 million of paper money

the fraction = gold holding/paper money

                     = 2 million / 5 million
                     = 2/5

so the answer is C. 2/5
You might be interested in
Which of the following is NOT part of value-chain analysis? (a) product research (b) quality management (c) supply chain managem
andriy [413]

Answer:

c? , supply chain management

7 0
3 years ago
The Super Toy Stores inventory records at December 31, revealed the following: Inventory on hand, December 31 $350,000 Merchandi
enyata [817]

Answer:

The correct answer is $543,000

Explanation:

According to the given scenario, the calculation of the ending inventory is as follows:

= Inventory on hand + merchandise purchased F.O.B shipping point + F.O.B destination

= $350,000 + $118,000 + $75,000

= $543,000

The goods held on consignment i.e. not involved is not relevant

Thus, the  calculation of the ending inventory is $543,000

8 0
3 years ago
F a taxpayer offers you a $20 bill because they were so happy about the quality service they received, what would be the appropr
BlackZzzverrR [31]
The appropriate action would be: C. <span>Thank the taxpayer, and explain that you cannot accept any payment for your services.
Government workers couldn't receive cash payment in any kind unless there is a necessary administrative purpose. 
They could on the other hand, receives Gifts that held the value less than $ 20</span>
6 0
3 years ago
Read 2 more answers
(!!!PLEASE ANSWER FAST!!!) (!!!15 POINTS!!!)
MAVERICK [17]

Answer:

Explanation   highest paying

:

6 0
2 years ago
Current trends indicate that, due to the emerging economies, the world is moving _____ an economic system that is more favorable
Blababa [14]

Answer: closer to

Explanation:

Emerging economies also referred to as developing countries or emerging markets are countries which are investing in more in their productive capacity ans are also gradually moving away from agriculture as it main occupation and there is increase in industrialization.

Due to emerging markets, the world is moving closer to an economic system that is more favorable for international business. There are more quality goods produced by nations and advancement in technology has also helped the economy.

5 0
3 years ago
Other questions:
  • "Snoop Company sells collectibles. The following information summarizes Snoop Company's operating activities for the most recent
    7·1 answer
  • Decreases in owners' equity are caused by:
    5·1 answer
  • A banker's acceptance A. is a draft drawn on a bank and paid by that bank when presented to it. B. may be accepted by the bank f
    6·1 answer
  • Gilmore, Inc., had equity of $145,000 at the beginning of the year. At the end of the year, the company had total assets of $210
    11·1 answer
  • If a company has the following: A company that was to be liquidated had the following liabilities: Income Taxes $ 10,000 Notes P
    15·1 answer
  • Purchase furniture to srija rs 30000​
    6·1 answer
  • How do I calculate current ratio
    8·2 answers
  • HOW TO EASILY BUY A PASSPORT ONLINE.
    14·1 answer
  • Explain how we derive the supply curve for an individual firm
    14·1 answer
  • Purely domestic firms will be at a disadvantage to mnes in the event of market disequilibria because
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!