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LenKa [72]
3 years ago
12

What three functions does money serve in the economy?

Business
1 answer:
schepotkina [342]3 years ago
8 0
It provides medium of exchange, unit of account, store of value, and standard of deferred payment

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Brief Exercise 19-09 Bridgeport Inc. had pretax financial income of $144,200 in 2020. Included in the computation of that amount
Alja [10]

Answer:

Dr Income Tax Expense 37,000

Cr Deferred Tax Liability 2325

Cr Income Tax Payable 34,675

Explanation:

Bridgeport Inc Journal entry

Dr Income Tax Expense 37,000

Cr Deferred Tax Liability 2325

Cr Income Tax Payable 34,675

Income Taxes Payable = ($138,700 x 25%)

= $34,675

Deferred Tax Liability

= ($9,300 x 25%)

= $2,325

$144,200 + $3,800 – $9,300

= $138,700

4 0
4 years ago
Explain the hipp of the primary sources below source: letter written by john rolfe
jekas [21]

The correct answer to this open question is the following.

Explain the HIPP of the primary sources below source: "letter written by John Rolfe."

"H" stands for Historical context. John Rolf was an important component in the foundation and success of the Jamestown, Virginia colony, in the North American territory. In the letter, he explains the Governor of the colony, Thomas Dale, his reasons to marry Pocahontas, a Native American Indian woman.

"I" stands for the Intended audience. The Governor of Jamestown, Virginia colony, Thomas Dale. The intention of John Rolfe was to clearly explain his motives, trying to maintain his intact reputation before the people of Jamestown.

"P" stands for Purpose. Rolfe wanted the approval of the Governor, knowing that in those years, Native American Indians were considered savages that first needed to be converted to the Christian religion to be accepted in the colonial society.

"P" stands for Point of view. In this part, we have to understand the point the author is trying to convey. In this case, John Rolfe, an English man, and an important figure that brought the toc¿bacco seed from the Caribbean Islands to grow tobacco crops in Jamestown and made tobacco the king of crops in Virginia wanted to justify his actions but not wanted to compromise his position before the Jamestown society.

6 0
3 years ago
In the early days of it, the cio would report to the ____ as it was seen as a way to control costs. as technology has become mor
Morgarella [4.7K]
<span>In the early days of it, the cio would report to the ____ as it was seen as a way to control costs. as technology has become more strategic and able to deliver a competitive advantage, cios now report directly to the ____.</span><span>


CFO; CEO</span>
3 0
3 years ago
Hope College is planning for the next biennium. School administrators know that the enrollment is on the decline, but still need
Alekssandra [29.7K]

They can accomplish this through early retirement.

<h3><u>Explanation:</u></h3>

Early retirement is a way that we use to stop or discontinue something. Most of the aged person tends to choose early retirement for the purpose of achieving the benefits form the organisation to the most possible level. This decision can be taken when we know that the organisation will be closed in the near future and continuing work will not benefit us.

When we decide for the early retirement the befits that we attain from that will be more than  the benefit that are obtained in continuing work. In the given example, Hope college has a plan for next biennium. But, the enrollments are reduced in number and they want to reduce the payroll slowly. Thus this can be accomplished with the help of early retirement.

7 0
3 years ago
The principles that you live by, such as integrity and honor, are called your _____.
gladu [14]

The answer is ethics.

Your ethics are the principles that you live by and what guides your behavior.

8 0
3 years ago
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