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Nesterboy [21]
3 years ago
6

Comparing how many dollars it takes you to run your car each year to annual earnings on a job insteadof keeping track of costs i

n terms of gallons of gasoline and quarts of oil represents the use of money as:_______. a. means of payment.b. unit of account.c. store of purchasing power.d. form of plastic money.
Business
1 answer:
stepan [7]3 years ago
5 0

Answer:

B

Explanation:

Money has several functions, one of its principal function is using it as unit of account. By comparing the amount in dollars spent on running a car yearly to annual earnings instead of keeping track in terms of gasoline cost and quarts of oil shows that money has been used as a unit of account.

This means that the amount of gasoline gallons bought and quarts of oil has been essentially replaced by the cost of these purchases and hence avail is the power to use money as a unit of account

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Vera_Pavlovna [14]
Their are many ways to organizational data an financial planning,
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3 years ago
uppose you observe the following exchange rates: €1 = $1.50; £1 = $2.00. Calculate the euro-pound exchange rate. A. €1.25 = £1.0
choli [55]

Answer:

D. €1.3333 = £1.00

Explanation:

Suppose you observe the following exchange rates: €1 = $1.50; £1 = $2.00.

That implies that the value of €1 is equivalent to 1.50/2.00 the value of £1, since €1 = $1.50; £1 = $2.00

Therefore the value of €1 = £0.75

Hence the value of  £1 = €1 / £0.75 = €1.3333

3 0
4 years ago
Corey wants to reorganize the company. Currently there are HR units at each plant, fiscal units at each plant, and purchasing un
algol [13]

Answer:

Yes.

Explanation:

The company currently has HR units, fiscal units, and purchasing units at each plant. This can be costly for the company since all these units incur cost and have to be paid for separately.

By centralizing the operations, that is, bringing these functions together in one location, Corey will need fewer employees. Hence, he shall be able to save costs by having to pay lower salaries. Moreover, there shall be greater consistency as work across various plants shall not be done by the same employees.

Although the costs of travel shall increase for the company, the cost savings in the form of lower salaries should definitely outweigh this increase.

7 0
3 years ago
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Assume Dell's yearly inventory cost is 30 percent to account for the cost of capital for financing the inventory, the warehouse
JulijaS [17]

Answer:

See below

Explanation

1. Value of inventory sold

= $280 million in inventory + COGS $23,100 million

= $303,100 million

2. Cost of goods sold

From the above passage, we have been given the COGS , which is $23,100 million

3. Compute inventory turns

= Cost of goods sold / Average stock

= $23,100 million / $151,550

=

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When is the advisable time to start building or adding to your own professional network?
pav-90 [236]

Answer:

A. Upon Graduation

6 0
3 years ago
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