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4 years ago

Which best explains the difference between fiat money and commodity money?

2 answers:

8 0

Fiat money is paper money that has been made legal by a government decree. This is government-issued money but there is no silver or gold value backing it up. Commodity money is money that comes from the commidity in which the money is made. The objects have value within themselves and can changed based on the value of the object.

lana [24]4 years ago

4 0

Answer:

Commodity money can be used for some other purpose while fiat money can only be used as a medium of exchange

verified on a p e x

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One reason that mark to mark pipettes have helped with biocontainment is:_______.

den301095 [7]

Answer:

Mark to mark pipettes <u>allow the precision delivery of the required volume of liquids and minimize the need to forcibly expel all of the liquids from a pipette.</u>

Explanation:

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2 years ago

Which of the following is an example of secondary data?

grigory [225]

Answer:

Your company collects and analyzes data from the U.S. census.

Explanation:

Secondary data refers to data that is used not by the investigator who collected the data in the first place but for other parties that did not made the collection data process with the subject population.

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3 years ago

Read 2 more answers

The Zeller Corporation's stockholders' equity accounts have the following balances as of December 31, 2016:

nika2105 [10]

Answer:

The Zeller Corporation

As a result of this stock dividend, the retained earnings account should be decreased by :___________

$15,000.

Explanation:

a) Data and Calculations:

The Zeller Corporation's stockholders' equity accounts have the following balances as of December 31, 2016:

Common stock, $10 par (30,000 shares issued and outstanding) $300,000

Additional paid-in capital 2,000,000

Retained earnings 5,700,000

Total stockholders' equity $8,000,000

Analysis:

January 2, 2017: Stock dividend $15,000 (30,000 * 5% = 1,500 shares * $10) Stock dividend distributable $15,000

January 31, 2017: Retained Earnings $15,000 Stock Dividend $15,000

Stock dividend distributable $15,000 Common stock $15,000

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3 years ago

When rival firms compete aggressively by trying to attract competitors' customers, this might be an indication of: a. increasing

Xelga [282]

Answer:

b. slow industry growth.

Explanation:

Competitive advantage can be defined as conditions, factors or circumstances that allow a business firm (organization) to manufacture finished goods or services better and perhaps cheaper than other (rival) firms in the same industry. Thus, it's responsible for putting a business firm in a superior or more favorable position than rival firms.

This ultimately implies that, a competitive advantage has a significant impact on a business because it increases its level of sales, revenue generation and profit margin when compared to rival firms in the same industry.

Generally, when rival business firms compete aggressively by trying to attract competitors' customers, this might be an indication of slow industry growth.

In conclusion, the various companies or business firms are experiencing a low level of sales of their goods and services. As a result, they engage in activities that would attract potential customers and by extension their competitors' customers.

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3 years ago

True or false

Arisa [49]

With a manual transmission, you "<span>use your right foot for the brake and accelerator and your left foot for the clutch". This is primarily to make sue that you don't press both the accelerator and the brake at the same time. </span>

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3 years ago