Answer:
$0
Explanation:
Given: Purchased price of 1000 shares common stock is $10.
Selling price of 500 share at $20.
First, computing purchase price and selling price
Purchase price of 1000 shares=
Selling price of 500 shares=
Now, computing revenue
Revenue=
Revenue=
∴ There is $0 revenue realised from the sale.
Answer:
A purchase means to take possession of a given asset, property, item or right by paying a predetermined amount of money for the transaction to be completed successfully. In other words, its' an exchange of money for a particular good or service.
C. Even when the credit obligation of sold or contracted to a third party
Answer:
We will not hire a security guard.
Explanation:
Data provided
Merchandise stolen cost of every hour = $25
Hourly market wage for a security guard = $33
According to the given situation, The hourly loss is $25, and the hourly cost is $33, even if the shopkeeper keeps a security guard, then the cost per hour is $33, so the store loss increases by $33 - $25 = $8, so we will not hire the security guard to maximize the profit.
Answer:
A,)Unit of Account
B)Standard of Deferred Payment:
C)Store of Value
D)Medium of Exchange:
Explanation:
.
1. Unit of Account ( this explains that good can be measured for a value)
2. Standard of Deferred Payment( it explains that one can make purchase now and pay later)
3. Medium of Exchange( overall purchasing power is attributed to money)
4. Store of Value( Money is used to complete the transaction between the buyer and seller.