Answer:
Please see answer in the explanation below
Explanation:
Commodity money can be defined as money that its value comes from the commodity with which it was made. That is, commodity money is money that is gotten as a result of the material from which the money was made. Examples of these materials are silver, gold, etc. These materials have intrinsic value on their own as the materials have a worth of their own before being used to make currency.
Fiat money on the other hand is defined as money that is declared as the legal tender by the government. That means that fiat money is the money that is acceptable as a medium of exchange for goods and services as issued by the government. Fiat money does not have intrinsic value.
Cheers.
Answer:
$6.5 per share
Explanation:
Given that,
Net income = $6,000,000
Preferred dividend = $150,000
Weighted average number of common shares = 900,000
Angel's Basic earnings per share:
[Net income - Preferred dividend ] ÷ Weighted average number of common shares
= [$6,000,000 - $150,000] ÷ 900,000
= 5,850,000 ÷ 900,000
= $6.5 per share
Answer:
At face value
Explanation:
Short term notes are always recorded at face value, and that applies to both interest and non-interest bearing short term notes.
Non-interest bearing long term notes must be recorded at their discounted value, i.e. you must discount the long term note' face value by the discount rate used by the company.
Answer:
I can put a call through to the organisers of the trip explaining that I have cash but it's not within reach and that if they reserved the spot for me, they'd get the money as soon as I can access it. Given that I am a valuable member of the student store staff, that reputation should count in times like this.
To borrow money from the cashbox would be a huge ethical risk and can easily be termed mismanagement of funds especially where the store policy does not allow such.
My value in the store lies largely on my integrity and the trust they students have invested in my person.
I'd rather miss the road trip than make a regrettable unethical decision.
Cheers!
Answer: (C) Controlling
Explanation:
The controlling is one of the most important function in the management as it involves proper planning, directing and the organizing all the function in the system.
The main objective of the controlling is that it helps in evaluating the management process and also helps in the error checking in order to taking the various types of decision for the correction purpose.
According to the given scenario, the controlling is one of the management responsibility that involve against the given budget for the purpose of evaluation in an organization.
Therefore, Option (C) is correct.
