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user100 [1]
3 years ago
12

n 2010, Tara used $50,000 from funds she had invested in certificates of deposit as a down payment to buy a house. What function

did this portion of her investments serve when she made the down payment?
Business
1 answer:
yuradex [85]3 years ago
3 0

Answer:

Medium of Exchange

Explanation:

A certificate of deposit represents a legal document issued by a commercial or economic institution such as a bank as evidence of a sum of money deposited by the individual for a particular period and with a specified rate of interest.

A Medium of Exchange, on the other hand, represents an intermediary system or instrument that can be used to make sales, purchases and facilitate the trade of goods or services between various parties. To qualify as a medium of exchange, the instrument should have a standard face value and must be acceptable to all parties.

Since Tara was able to put down $50,000 as represented on the Certificates of deposit, it becomes a medium of exchange, because it has a standard face value (as determined by the bank) and it is acceptable both by Tara and the estate from which Tara is purchasing the house.

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Wells Fargo & Company, headquartered in San Francisco, is one of the nation’s largest financial institutions. Suppose it rep
andreev551 [17]

Answer:

<u>EQUITY AND LIABILITIES</u>

<u>EQUITY</u>

Retained earnings                    $ 41,563

Preferred stock                          $ 8,485

Common stock - Issued             $ 8,743

Treasury stock                           $ 2,450

Share Premium                        $ 52,878

Total Equity                                $114,119

Explanation:

The the stockholders’ equity section of the balance sheet shows the amount of capital invested by the shareholders in the business as well as the reserves that have been allocated to them.

<u />

8 0
3 years ago
Janet wants to calculate the real growth rate for the US between 2010 and 2011. She has the follow information: real GDP in 2010
Zina [86]

Answer:

The answer is 3.3%

Explanation:

Percentage growth rate is

New figure - Old figure /old figure x 100%

Real GDP in 2011 is $15.5 trillion

Real GDP in 2010 is $15 trillion

So we have $15.5 - $15/$15 x 100%

$0.5/$15 x 100%

0.033 x 100%

3.3% is the growth rate between 2011 and 2010.

Alternatively, new figure - old figure - 1

$15.5/15 - 1

1.033 - 1

0.033

Expressed as a percentage

0.033 x 100%

3.3%

8 0
3 years ago
The following information regarding Brookes, Inc. is available:
Aleksandr [31]

Answer: C. 13%

Explanation:

Return on Investment is the percentage received from the investment over the amount spent.

= Operating income / Average invested capital

= 270,000/2,062,500

= 13.09%

= 13%

7 0
3 years ago
Pizza Hut's website __________ are integrated with the company's overall communications programs - including traditional media -
Morgarella [4.7K]

Answer:

e. content; communications

Explanation:

The website content refers to all multimedia and text found on it. Content should always be relevant and aligned with the company's overall communications plan.

A key part of<u> </u><u><em>integrated marketing communications (IMC)</em></u> is the fact that a company should have all of its media deliver a consistent marketing message.  That applies to the website's content and communications too, as it must integrate those factors with other media and platforms. All the media should cover the same topics - company promotions, product innovation or special customer incentives.

<em>Context, commerce </em>and<em> connection</em> are irrelevant terms for the IMC concept.

4 0
3 years ago
Online calculators and worksheets can help you find answers to financial planning and investing questions. Group of answer choic
notsponge [240]

True, the various online calculators and worksheets can help one to find answers to financial planning and investing question.

Today, the computer application which are programmed to provided the solutions to different level of financial planning and investing question can not be assessed online.

For instance, the MS Excel which was one of the earliest wroksheet can not be used online in form of G.oogle Spreadsheet etc

Therefore, it is true that various online calculators and worksheets can help one to find answers to financial planning and investing question.

Read more about this here

<em>brainly.com/question/2554742</em>

3 0
2 years ago
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