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Fiesta28 [93]
3 years ago
13

Why might an individual find a $20 Federal Reserve Note to be more desirable as a form of money than a $20 gold coin? Which woul

d the government find more desirable to produce? Briefly explain.
Business
1 answer:
gladu [14]3 years ago
5 0

Answer:

It will prefer the first as It fullfil all the money requirement as it is:

socially acceptable.

method of saving

used to set prices to other goods.

The government will prefer to do the federeal reserve note as their cost is lower (just hte papper and ink) while the gold required extraction, purification adn melting into coins.

one of the goal of a financial system is to decrease the cost of operation and moving to papper from scarce metal reduced the cost and effort to be able to purchase.

Explanation:

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William Corporation has a contract with the labor union which guarantees its workers pay for at least 40,000 hours every quarter
geniusboy [140]

Answer:please refer to the explanation section

Explanation:

direct labor hours = 39000 hours

Finished Goods = 13000 units

direct labour hours per unit = 3 hours

Direct Labor cost per hour = $12

Direct Labor Cost = 13000 units x 3 hours x $12 = $ 468000.

William corporation will pay $480000 (40000 x $12) as per the contract agreement with labour union but Direct Labor cost to be capitalized on Cost of Finished Goods is $ 468000. The cost of $ 12000 should be treated as an expense

3 0
4 years ago
A share of common stock just paid a dividend of $1.00. If the expected long-run growth rate for this stock is 5.4%, and if inves
WARRIOR [948]

Answer:

. $11.98

Explanation:

D1 = D0(1+g)

D0 = Last dividend

r = Required rate of retrun

g = Growth rate

Stock price formula = D1/(r-g)

Stock price = D0(1+g)/(r-g)

Stock price = 1*(1+0.054) / (0.142-0.054)

Stock price = 1.054 / 0.088

Stock price = 11.97727273

Stock price = $11.98

4 0
3 years ago
Is ged the same as graduating high school?
pashok25 [27]
Passing the GED tests can result in a credential that's commonly considered equivalent to a high school diploma
3 0
4 years ago
Larry wants to purchase a gift for a colleague whose home he will be visiting. He decides to bring luxury chocolates, as he know
kotykmax [81]

Answer: B brand awareness

Explanation:

This is extent to which consumers are intimate with the qualities or image of a particular brand of goods or services. Coca-Cola and Google are good example of brand awareness , they still run advert on Tv's, ànd radio stations and they are accepted.

3 0
3 years ago
For each of the following cases, state whether the statement is true for LIFO or for FIFO. Assume that prices are rising. (a) se
stealth61 [152]

Answer:

  • LIFO : results in a higher quality of earnings ratio.
  • FIFO : in higher phantom profits.
  • FIFO : results in higher net income.
  • LIFO : results in lower taxes.
  • FIFO : results in lower net cash provided by operating activities.

Explanation:

  • FIFO states that first goods brought are the first to be sold and the inventory consists of the most recent purchases and LIFO assumes that the last goods are purchased and first sold.
  • Thus LIFO results in a higher earning ratio and in a lowering of the taxes and FIFO at higher net incomes and lowers the net cash provided for the operating activities.
3 0
4 years ago
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