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4 years ago

What form of money has been used the longest and over the widest

Business

1 answer:

lianna [129]4 years ago

4 0

Answer:

the Cowry Shell

Explanation:

The Cowry Shell were being used in the world as early as 700 BC in China. It is considered durable. For many years, cowries shell were utilized as a means of exchanges over the areas such as India and Africa, southern Europe, and China.

However, alcohol and cattle have never served as a general means of exchange, only on a few occasions used as a trade by barter. While gold can be remade in a less original version using less expensive metals and painting.

Hence, in this case, the right answer is THE COWRY SHELL

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Marigold Corporation had net income of $170000 and paid dividends to common stockholders of $51000 in 2019. The weighted average

Andreas93 [3]

Answer:

P/E ratio = 6.40 times

Option c is the correct answer.

Explanation:

The P/E ratio or price earnings ratio measures the price that the investors are willing to pay for each $1 of earnings of the company. It is calculated as follows,

P/E ratio = Price per share / Earnings per share

We can calculate the earnings per share by dividing the net income by the number of shares outstanding.

P/E ratio = 32 / (170000 / 34000)

P/E ratio = 6.40 times

5 0

3 years ago

The Economic Landscape of Oceania World Geography Unit 7:__________Australia, New Zealand, and the Pacific Islands

kykrilka [37]

Answer:

The Economic Landscape of Oceania World Geography are catching seals and whales, Trading wood and meats.

5 0

3 years ago

You bought a piece of land at $2,000,000. You plan to build a 80,000 square foot building at cost of $180 per square foot, all i

solmaris [256]

Answer:

present value 15.826 million

r = 10.42 % = IRR

Explanation:

The problem requires a long solution. I have to use microsoft word for the solution. and its so explanatory on it.

Download docx

8 0

4 years ago

Read 2 more answers

McLaughlin borrowed her roommate's car just to take her mother to the hospital. While delivering her mother at the hospital, McL

PolarNik [594]

Answer:

Ideally, the drunk driver who hit them while he was driving on the wrong lane is liable for the damages and not McLaughlin since he was sober and civil.

Explanation:

Liability for damages resulting from car accident usually falls on a negligent driver an din this case, McLaughlin is not the negligent one.

However, the situation is tricky here since he is not the owner of the car.

The majority of car accidents are caused by driver negligence, poor road conditions, or a problem or defect with one of the automobiles involved.

If his friend has a car insurance, that will cover for the damages as well.

And if the drunk driver finds a way to escape with a strong case, and in the absence of a car insurance, McLaughlin might be obligated to pay for the damages since the car was borrowed.

4 0

3 years ago

On November 1 of year 0, Jaxon borrowed $50,000 from Bucksnort Savings and Loan for use in his business. In December, Jaxon paid

Stels [109]

Answer:

a. $750

b. $750

Explanation:

The first thing to do is calculate the monthly interest as follows:

Monthly interest = Total interest ÷ 12 = $4,500 ÷ 12 = $375

The rent for two months in year 0 (November and December) = $375 × 2 = $750.

Prepaid expenses (January to October of year 1) = $4,500 - $750 = $3,750.

Decision:

Prepaid expenses is not deductible under either cash accounting method or accrual accounting method for tax purposes.

Therefore, Jaxon can deduct only $750 two months (November and December) relevant for year 0 under both cash accounting method and accrual accounting method.

The prepaid expenses of $3,750 is not deductible in year 0 but can only be deducted in year 1.

4 0

3 years ago