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
Vinil7 [7]
3 years ago
15

What is the definition of money, according to Kemp?

Business
1 answer:
BlackZzzverrR [31]3 years ago
3 0

Answer:

Money is just value that we agree to receive or deliver to the party.

Explanation:

Kemp says that the money is value that we have agreed upon to pay or receive in a set duration of time. Kemp also justifies it by saying that Bitcoin does the same but the only difference is that it is an electronic way to quantify the value and trade with it.

You might be interested in
On December 31, 2018, Adelphi Corporation has outstanding 500 shares of $100 par value, 4% cumulative and nonparticipating prefe
alexandr402 [8]

Answer:

$5.50 dividend per share to common stock

Explanation:

In case a company has cumulative preference shares then the company has to pay preference dividend in arrears

Here, preference dividend was not paid in the year 2017

Preference dividend for 2017 = 500 \times $100 \times 4%

= $2,000

Since the dividend is paid in between the year 2018, dividend is paid for the year 2017 and not for 2018 thus preference dividend is for a year, only for 2017

Therefore, dividend to common equity = $35,000 - $2,000 = $33,000

Dividend per share = $33,000/6,000 = $5.50 per share

6 0
4 years ago
What are some of the tests that need to be conducted before putting up a business?​
krek1111 [17]

Explanation:

The product life cycle can be a tool used by companies to adapt their strategies from the stage of product development to its decline in the market and thus increase the chances of being well positioned and competitive in the market.

In the initial phase of development, this is where the project and ideas are aligned and research is carried out on business feasibility, planning, dissemination, potential audience, budget, etc.

7 0
3 years ago
To encourage potential buyers to take its new Model 3 sedan for a test drive, BMW posts a video on its website of the Model 3 sp
damaskus [11]

Answer:

This is an example of: <u>Publicity</u>

Explanation:

Publicity is the process to make a product or service visible to all the people through the different forms of communication so they will be interested in buying it. Publicity involves traditional means of advertising like a press release or a radio ad and other means like social media. According to this, this is an example of publicity as BMW posted a video of the new Model 3 on its website to make the product visible to potential clients.

4 0
3 years ago
ucas Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs. The company has two​ department
Gelneren [198K]

Answer:

$600

Explanation:

The computation of the total manufacturing overhead allocated is

= Assembly department + sanding department

where,

Assembly department = Departmental overhead rate ×  machine hour

                                      = $60 × 9

                                      = $540

And, the sanding department is

= Departmental overhead rate × direct labor hour

= $15 × 4

= $60

So, the total manufacturing overhead allocated is

= $540 + $60

= $600

5 0
3 years ago
Examine the methods that FNB can use to complete with other banks in south Africa
nekit [7.7K]
There are a couple of ways for FNB to compete with other banks in south Africa, such as :

- Lowering their interest rates for borrowing to expand their market share
- Increasing their interest rates for saving to gain more capital
- Utilizing modern Electronic Banking to increase efficiency
7 0
4 years ago
Other questions:
  • At the Penalty APR rate of 28.99% and a balance of about $1800, approximately how much interest would you owe in one month?
    8·1 answer
  • Which crime is BEST represented by the following situation?
    12·1 answer
  • A newly created design​ business, Teri's​ Art, is finishing its first year of operations. During the​ year, credit sales were $
    11·1 answer
  • Which job category is likely to deal with primarily supply chains
    6·1 answer
  • The steps involved in calculating the consumer price index include, in order:
    8·1 answer
  • Sheridan Company received $135000 in cash and a used computer with a fair value of $318000 from Carla Vista Co. for Sheridan Com
    7·1 answer
  • Ridiculousness, Inc., has sales of $49,000, costs of $22,600, depreciation expense of $2,150, and interest expense of $1,900. If
    12·1 answer
  • Can the same header and footer appear on multiple pages
    13·1 answer
  • Due to the ________ expansion of information technology coupled with the need for improved competitiveness in business, there ha
    12·1 answer
  • Alpha ended 2019 with a balance of $20 million in their salaries payable account. If their salary expense in 2019 was $90 millio
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!