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levacccp [35]
3 years ago
14

In many casinos, a person buys chips to use for gambling. Within the walls of the casino, these chips can often be used to buy f

ood and drink or even a hotel room. Do chips in a gambling casino serve all three functions of money?
Business
1 answer:
Ber [7]3 years ago
6 0

Answer:

As long as you remain within the casino's walls, chips fit the definition of currency; that is, they serve as a means of exchange, an account unit, and a value store. Once you leave the casino, chips don't work very well as money but many kinds of money don't work well in other places.

It's hard, for example, to spend money from Turkey or Brazil on your local supermarket or the movie theatre.

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Match each stage in the policy process with its description.a. agenda settingmany different groups will come up with plans to fi
morpeh [17]
<span>A) Agenda Setting: In Agenda setting, a policy formulation problem is recognized. It is then moved to a list of things to do within government.
  B) Policy Formulation: Different groups will brainstorm plans to fix the problem.
  C) Policy Adopting: At this stage government will adopt the policy, that will be address the problem.
  D) Policy evaluation: Government and the general public are given the policy, they review it. It is then that they decide if it should be continued, altered, or cancelled.</span>
4 0
4 years ago
Tara incorporates her sole proprietorship, transferring it to newly formed Black Corporation. The assets transferred have an adj
alukav5142 [94]

Answer:

Black Corporation

e. None of the above.

Explanation:

a) Data and Calculations:

Adjusted basis of assets = $290,000

Fair market value of assets = $300,000

Liabilities transferred = $50,000

Black Corporation's basis = $250,000 ( $300,000 - $50,000)

Tara's basis in the Black Corporation = $240,000

b) According to U.S. Code 351, no gain or loss shall be recognized for Tara if property is transferred to Black Corporation by Tara solely in exchange for stock in Black Corporation, and immediately after the exchange, Tara comes into the control of Black Corporation.

3 0
3 years ago
A speaker who thinks uncritically looks for good reasons to accept or reject others' opinions.
liq [111]
That speaker tends to <span>closed-minded and impulsive.
The most important things for that speaker is most likely not finding the best outcome from the people around them that could be done if they just work together , but rather to become the center of attention by diminishing other people's value (putting them down)</span>
8 0
3 years ago
Define bank run in your own words.​
lina2011 [118]

Answer:

A bank run occurs when a large number of customers of a bank or other financial institution withdraw their deposits simultaneously over concerns of the bank's solvency. As more people withdraw their funds, the probability of default increases, prompting more people to withdraw their deposits.

5 0
3 years ago
Accounts Receivable from sales to customers amounted to $80,000 and $70,000 at the beginning and end the year, respectively. Inc
Kipish [7]

Answer:

$332,000

Explanation:

<u>Cash flow from operating activities</u>

Net Income                                                                                  $252,000

Adjust for changes in working capital items :

Decrease in Accounts Receivable ($80,000 - $70,000            $80,000

Net Cash Provided by Operating Activities                              $332,000

Conclusion

the cash flows from operating activities to be reported on the statement of cash flows is $332,000

5 0
3 years ago
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