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astraxan [27]
3 years ago
11

The difference between representative money and fiat money is that?

Business
1 answer:
Cerrena [4.2K]3 years ago
8 0
Great question! Fiat money deries it's value from law or regulation. However representative money derives its value either from a claim on a commodity (gold for example). However sometimes representative money means it has value higher than what it is made of, ie if you melt it down it is worth less than before it is melted down. In this sense fiat money is a type of representative money
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Tanzania [10]

Answer:

The correct option which represents the ultimate goal of capital budgeting is D) .

Explanation:

Capital budgeting is a kind of planning process which an organization undertakes to see if the investments or projects ( usually long term ) they are considering to invest in are worth funding . This process actually begins with the compiling a list of potential future projects. The ultimate goal of this process is to estimate what would be the effect on organizations cash flow , if a project is accepted or rejected.

8 0
3 years ago
Name 3 factors that can contribute to increased output of goods and services in a country
galina1969 [7]
I would think money,supply or demand? 
6 0
3 years ago
Kingsbury Manufacturing has net sales revenue of $850,000, cost of goods sold of $344,600, and all other expenses of $328,300. T
gladu [14]

Answer:

56.46%

Explanation:

The computation of the gross profit percentage is shown below

Gross profit percentage is

= (Sales - cost of goods sold) ÷ (Sales) × 100

where,

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And, the cost of goods sold is $344,600

Now placing these values to the above formula

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= ($850,000 - $344,600) ÷ ($850,000) × 100

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= 56.46%

8 0
3 years ago
Jack owns and runs a bookstore. He looks after the accounts of the business and also purchases books from publishers. Sometimes
Sunny_sXe [5.5K]

company is the answer



4 0
3 years ago
In general, it is a bad move for a company to produce more of a good or service if, by doing so,a. marginal cost exceeds margina
scoray [572]

Answer:

The correct option here is A) marginal cost exceeds marginal revenue

Explanation:

When a company is producing more goods and services, it becomes a bad move because at this point company's marginal cost starts exceeding the marginal revenue , which means with each additional units a company is producing it is losing profit on that unit, so it is better for a company to produce less and try to find that level of output where its marginal cost and revenue are equal because at that level, company would be able to make optimal profits.

7 0
3 years ago
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