Answer:
False
Explanation:
Given
Required
Determine 
The events of being a female and over the age of 65 are non-mutually exclusive events.
We know this because the question says the pool is from all ages.
So, the required probability is calculated using:
In this case, it is:
This gives:
Because the pool is from all ages,
So:
The solution to this question is <em>b. False</em>
Money is called a store of value because it allows us to:
- Save
- Allocate capital
- Have confidence in money
When money is a store of value, it means that it is capable of being held such that it can increase our wealth and net worth. This is why it can be saved and used as a means of capital.
When money is a store of value, we have confidence in its ability to be used to carry our wealth into the future.
In conclusion, money being a store of value means that we have confidence in it.
<em>Find out more about the </em><em>functions </em><em>of </em><em>money </em><em>at brainly.com/question/3182649. </em>
Answer:
They can operate a business however they choose, but it must be fair and right to society.
Explanation:They must keep their hours everyday, fair prices, etc
Answer:
Paid-in Capital in Excess of Par Value will be credited for $120,000.
Explanation:
The journal entry for the issue of shares is shown below:
Cash A/c Dr $140,000
To common stock (4,000 shares × $5) = $20,000
To Paid-in Capital in Excess of Par Value $120,000
(Being issue of shares recorded)
So, the cash account is debited whereas the common stock and paid-in capital should be credited
And, the remaining balance should be transferred to the Paid-in Capital in Excess of Par Value
Answer:
I. Mortgage companies service more mortgages than they originate.
IV. The government is involved in the residential mortgage markets.
Explanation:
- A mortgage market is one that is for the sales of the securities and the bonds and the values of the mortgage loan and consists of mostly the primary and secondary markets as the banks and financial institutions
- A the secondary are the new source of capital and these mortgages involves the companies to have the rights and may also involve the residential mortgage markets.
