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4 years ago

Question 4 of 10

Business

1 answer:

balu736 [363]4 years ago

7 0

Answer:

B. It allows people to buy, sell, and trade goods efficiently.

Explanation:

Medium of exchange refers to an intermediary instrument used to facilitate trade or the transfer of goods and services between parties. An item must be acceptable by the parties involved in the transaction to be used as a medium of exchange. It should represent a fair standard of value.

Money is the most widely used and accepted medium of exchange. It facilitates an easy and quick transfer of goods and services between buyers and sellers. Without money, the selling of goods and services would be conducted on barter trade. Money as a medium of exchange facilitates smooth transactions in business.

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The main goal of monetary policy is to shift:____.a. long-run aggregate supply.b. aggregate demand. c. short-run aggregate suppl

Fed [463]

Answer:

b. aggregate demand.

Explanation:

Monetary policy are policies taken by the central bank of a country to shift aggregate demand.

There are two types of monetary policy :

Expansionary monetary policy : these are polices taken in order to increase money supply. When money supply increases, aggregate demand increases. reducing interest rate and open market purchase are ways of carrying out expansionary monetary policy

Contractionary monetary policy : these are policies taken to reduce money supply. When money supply decreases, aggregate demand falls. Increasing interest rate and open market sales are ways of carrying out contractionary monetary policy

4 0

4 years ago

At December 31, 2018, Hancock Company had 500,000 shares of common stock issued and outstanding, 400,000 of which had been issue

MAVERICK [17]

The answer is 36 I put this so I can get the answer for myself I’m not sure what it really is

3 0

3 years ago

Suppose Malcom makes a down payment when he applies for a car loan. Which statement is true?

zimovet [89]

The correct answer is A I think

7 0

4 years ago

Given the following information for a retailer, compute the cost of goods sold. Ending inventory. . . . . . . . . . . . . . . .

MissTica

Answer:

$47,500

Explanation:

Given that,

Ending inventory = $5,500

Website maintenance = $7,200

Revenues = $65,000

Freight-in = $3,200

Import duties = $1,600

Marketing expenses = $14,000

Delivery expenses = $1,400

Purchases = $44,000

Beginning inventory = $4,200

Cost of goods available for sale:

= Beginning inventory + Purchases + Freight-in + Import duties

= $4,200 + $44,000 + $3,200 + $1,600

= $53,000

Cost of goods sold:

= Cost of goods available for sale - Ending inventory

= $53,000 - $5,500

= $47,500

5 0

3 years ago

Earley Corporation issued perpetual preferred stock with an 8% annual dividend. The stock currently yields 7%, and its par value

Dmitry [639]

Answer:

Current Share Price = $87.5

The new market value is $77.78

Explanation:

The dividend per year on the preferred stock = 100 * 0.07 = $7

The yield on the preferred stock can be calculated as,

Yield = Preferred dividend / Current Share price

As we know the Yield and the dividend, we can calculate the current share price.

0.08 = 7 / Current Share price

Current Share Price = 7 / 0.08

Current Share Price = $87.5

The dividend per share on the preferred stock remains the same at $7. The new yield is 9%. Using the yield formula we can calculate the new share price,