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
AfilCa [17]
3 years ago
15

Some colleges charge for student parking. Currently, your college does not charge for parking but the administration announced a

possible charge of $2 per day. You are not sure when the new parking policy will start; therefore you decide to keep a $5 bill in your wallet. You hold to $5 for the:
O money creation motive.
O precautionary motive.
O speculative motive.
O impulsive motive.
Business
1 answer:
dmitriy555 [2]3 years ago
7 0

Answer:

The correct answer is letter "B": precautionary motive.

Explanation:

A precautionary motive is a preventive act of carrying or saving extra money to successfully face an unexpected event. This may lead to people accruing funds in a bank savings account or purchasing securities or assets profitable enough to cover financial hardship.

You might be interested in
A friend offers you a Coke, a Dr. Pepper, or a 7-Up. You don't like Coke, so after some thought, you take the Dr. Pepper. What i
Leokris [45]
<span>An opportunity cost is the value or benefit that must be given up to acquire or achieve something else. In this case whatever you choose (Coke, Dr.Pepper or 7-UP) everything would be free , at zero cost. This means that the opportunity cost in this case is zero, because the drink is free.</span>
4 0
3 years ago
Nivan Co. issued $500,000 of 5 percent, 10-year, callable bonds on January 1, Year 1, at their face value. The call premium was
Sav [38]

Answer and Explanation:

The journal entries are shown below:

On Jan 1

Cash $500,000

          To Bond Payable  $500,000

(Being the issuance of the bond is recorded)

On Dec 31

Bond Payable $500,000

Loss on redemption $15,000    ($500,000 × 3%)

          To Cash    ($500,000 × 103%)  $515,000

(Being the redemption of the bond is recorded and the remaining balance or we can say balancing figure is debited to loss on redemption)

8 0
3 years ago
Bonds are
Alexxx [7]

Considering the available options, Bonds are a "<u>store of value, but not a medium of exchange."</u>

<h3>What are Bonds?</h3>

Bonds is a term or entity in the financial world to describe a form of fixed-income security that has its terms stipulated in an indenture or legal contract.

<h3>Medium of Exchange</h3>

On the other medium of exchange is an entity used in a transaction to exchange goods or services.

In modern times, the medium of exchange is currency or money.

Hence, in this case, it is concluded that the correct answer is option B. "<u>store of value, but not a medium of exchange."</u>

Learn more about Bonds here: brainly.com/question/25425872

4 0
2 years ago
Carr Corporation retires its $100,000 face value bonds at 105 on January 1, following the payment of interest. The carrying valu
Brrunno [24]

Answer: A. debit of $3,745 to Premium on Bonds Payable.

Explanation:

The carrying value of the bonds at redemption date is $103,745.

The bonds retired however, had a face value of $100,000.

The company therefore paid a premium on these bonds which is:

= 103,745 - 100,000

= $3,745

This amount will be debited to the Premium on Bonds Payable account.

4 0
2 years ago
"People who fight fire with fire usually end up with ashes," is a popular saying that can relate to upset customers.
Ede4ka [16]

Answer:

This popular saying applied to an organizational environment, can refer to upset customers in the sense that if your customers make any complaints or complaints about your products and services, you, as a professional representing the company, must be well prepared and trained to deal with this adverse situation in a way that is not a "person who fights fire with fire and ends up with ashes", that is, you must be well prepared to respond to the customer's problem in a friendly, fast way and that brings solutions that do it. return, and not in a way where the customer feels that their complaint has not been resolved well and will not do business with the company again.

5 0
3 years ago
Other questions:
  • You are faced with a dilemma. You want very much to go to the park with your friends and hang out. However, your mother left you
    7·1 answer
  • Gloria thinks that she is paid less than other workers in her division and feels extremely resentful. She starts taking long bre
    5·1 answer
  • Eastview Company uses a perpetual LIFO inventory system, and has the following purchases and sales:
    9·1 answer
  • Walborn Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a
    14·1 answer
  • You run a construction firm. You have just won a contract to build a government office complex. Building it will require an inve
    14·1 answer
  • In its first year of operations Acme Corp. had income before tax of $400,000. Acme made income tax payments totaling $150,000 du
    6·1 answer
  • The main disadvantage of an emissions tax is that :______.a) the total pollution reduction from an emissions tax cannot be known
    13·1 answer
  • According to our records, the account "2UgLy" was removed for breaking many of our guidelines. This includes posting spam/unhelp
    15·1 answer
  • Attracting and retaining employees with the skills, abilities, and experience to help an organization achieve its goals is a key
    13·1 answer
  • Guarantees are most effective in two situations. the first is when the company or products are not well known. the second is whe
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!