All categories

2 years ago

In ancient greece, what property made gold a more likely candidate for use as money than wine?

1 answer:

5 0

In ancient greece, the property that made gold a more likely candidate for use as money than wine was that the latter is more difficult than gold and is also more perishable. Gold is thus a better store of value than wine. Hope this answers the question.

You might be interested in

On January 1, Boston Enterprises issues bonds that have a $2,100,000 par value, mature in 20 years, and pay 7% interest semiannu

yulyashka [42]

Answer:

$73,500

Explanation:

Calculation to determine How much interest will Boston pay (in cash) to the bondholders every six months

Semiannual cash interest

payment =$2,100,000 × 7% × 1/2

Semiannual cash interest

payment = $73,500

Therefore How much interest will Boston pay (in cash) to the bondholders every six months is $73,500

7 0

2 years ago

After saving money in his piggy bank for three years, Omar decided to deposit $2,500 of the money in the local bank. If the bank

NeTakaya

Answer:

The money supply will increase by 12,500 dollars

Explanation:

when the money is deposited the loan will make the required reveneus and start loans for the remained over and over

The multiplier effect will be 1/required reserve ratio: 1/0.2 = 5

we multiply 2,500 dollars times the money multiplier of 5

total icnrease inthe money supply: 2,500 x 5 = 12,500

5 0

2 years ago

On January 1, 2019, Ola Company paid $388,900 for a $400,000 face value 3% corporate bond yielding 4%, interest paid annually on

shutvik [7]

Answer:

B. $15,556

Explanation:

As given in the question

Face value of bond = $400,000

Carrying value of bond = $388,900

Discount from par value = $11,100

Coupon rate = 3%

Bond yielding rate = 4%

Interest revenue for the year = Carrying value of bond x Bond yielding rate

Interest revenue for the year = 388,900 x 4%

Interest revenue for the year = $15,556

The correct option is B. $15,556.

8 0

2 years ago

The nurse is assessing a patient's functional ability. which activities most closely match the definition of functional ability?

Sever21 [200]

When The nurse is assessing a patient's functional ability, the activities that most closely match the definition of functional ability are:
-. Healthy individual works outside the home, use a cane, well groomed.
- Healthy individual, college education, travels, can balance a checkbook

During the assessment, the nurse will assist the patient to do several activities that will most likely become the patient's routine

5 0

2 years ago

On March 1, Year 1, Gilmore Incorporated declared a cash dividend on its 1,500 outstanding shares of $50 par value, 6% preferred

Aleksandr-060686 [28]

Answer:

Dividend Declared (SCE) $4,500 (credit)

Shareholders for Dividends (SFP) $4,500 (credit)

Explanation:

When Dividends are declared, we recognize an Equity Element - Dividend Declared and a liability (Present Obligation that arises with declaration) to the Shareholders of the dividend.

Entry :

Dividend Declared (SCE) $4,500 (credit)

Shareholders for Dividends (SFP) $4,500 (credit)

Dividend Calculation = 1,500 × $50 × 6%

= $4,500

8 0

3 years ago