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
nirvana33 [79]
2 years ago
8

You put $1,000 from your birthday cash in your college savings account. This statement best illustrates money used as a

Business
1 answer:
Lena [83]2 years ago
3 0

Answer:

a) store of value.

Explanation:

The store of value represents the security of an asset by saving, retrieving or exchanging at a later value. Like gold and other precious goods are kept on locker so that they are safe.  

The medium of exchange is a medium through which the goods are exchanged either by sale motive or purchase motive between the parties involved.

The unit of account determines the measurement of a unit i.e currency, dollars, etc

The liquid asset and the liabilities are the parts of the balance sheet.

You might be interested in
Explain how and why governments may want to regulate the price setting of a natural monopoly.
Lilit [14]
The government wants to protect the consumer's interest, that is why they are regulating the monopoly. Monopolies have the power to set higher prices than the competitive market. They regulate monopolies to prevent excess prices, quality of service( to ensure the firm receives minimum standard of service), monopoly power,promote competition, and natural monopolies( we cannot encourage competition, and it is essential to regulate firm to prevent monopoly of power). <span />
8 0
3 years ago
Abby Mia wants to know how much must be deposited in her local bank today so that she will receive yearly payments of $18,000 fo
saveliy_v [14]

Answer:

$164,313.82

Explanation:

In this question we have to apply the present value formula i.e to be shown in the attachment

Provided that,  

Future value = $0

Rate of interest = 9%

NPER = 20 years

PMT = $18,000

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula the present value is $164,313.82

8 0
2 years ago
Tuity fruity beverage​ company's operating activities for the year are listed below. purchases ​$140 comma 500 operating expense
Greeley [361]

Answer:

$135,100

Explanation:

Given :

Cost of purchasing: $140,500

Operating expenses :$80,600

beginning inventory:$12,900

Ending inventory:$18,300

sales revenue :$300,700

Gross profit of the year can be determined by

Cost of purchasing + beginning inventory - Ending inventory

=140,500 + 12,900 -18,300

=$153,400-$18,300

=$135,100

8 0
3 years ago
Give two examples of mandatory payroll deductions
LuckyWell [14K]

Answer:

Payroll deductions include: Payroll tax withholdings such as fedral, state, and local income taxes, social security taxes, unemployment taxes; Voluntary deductions such as contributions to a pension plan, premium for group life.

3 0
3 years ago
What does the price of diesel fuel in russell ks have to do with the price of bread in boulder co?
Scilla [17]
T<span>he equipment to plant, harvest, and transport grain used by the farmers in KS is powered by diesel fuel. Therefore, an increase in the price of the fuel will also increase the price of the bread. The main ingredients of the bread </span>are <span>coming from the farmers' harvest of grain. When the price of the fuel would increase, the farmers would be selling their grains at a higher price which would yield to a higher price of the bread.</span>
5 0
3 years ago
Other questions:
  • The Doodad Company purchases a machine for $440,000. The machine has an estimated residual value of $40,000. The company expects
    7·1 answer
  • What effect might the government have on​ oligopolies? in​ oligopolies, the government might
    5·1 answer
  • A sofa is on sale for $187.20, which is 26% of the regular price. what is the regular price?
    15·1 answer
  • A(n) ________ refers to the first public offering of a corporation's stock.
    11·1 answer
  • Which statement describes an hourly wage job? Each paycheck is the exact same regardless of number of hours worked. Each paychec
    5·1 answer
  • .Goehler, Inc. acquires all of the voting stock of Kenneth, Inc. on January 4, 2017, at an amount in excess of Kenneth's fair va
    12·1 answer
  • The probability that house sales will increase in the next 6 months is estimated to be 0.25. the probability that the interest r
    10·1 answer
  • The unemployment that results because the number of jobs available in some labor markets is insufficient to provide a job for ev
    13·1 answer
  • Jose loses his credit card at a crowded city park. He notifies his credit card company immediately. Five days later, $4,507 is c
    11·1 answer
  • Identify business equipment or resources required to complete task under direct instruction?​
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!