The function of money known as "Medium of exchange" describes a money use in the buying & selling of goods and services.
<h3>What is Money as
Medium of exchange?</h3>
Money serves as a medium of exchange because it is use as intermediary instrument used to facilitate the sale, purchase, or trade of goods between parties.
In today world , the medium of exchange is money and it is used in the buying & selling of goods and services.
Therefore, the Option C is correct.
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The answer is B and I did the test and I got it right
Assets - (liabilities + equity)
<em>Hope this helps!</em>
In the preparation of a pro forma income statement, an entrepreneur must first develop a sales budget.
<h3>What is sales budget?</h3>
A sales budget is what gives summary of quantity of goods and services which a company intends to sell in the future. It is however used in the production budget.
Hence, in the preparation of a pro forma income statement, an entrepreneur must first develop a sales budget.
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Answer:
Explanation:
a.) To calculate the longitudinal tensile strength of the composite as follows:
Here 
is the stress in the matrix at fibre failure 
is the volume of matrix material 
is the tensile strength of the fibre and 
is the volume of fibre phase.
Substituting 0.55 for , 0.45 for , 35MPa for , 3600MPa for .
b.) To calculate the modulus of elasticity of the composite as follows:
Here, 
is the modulus of elasticity of matrix, is the volume of matrix material, 
is the modulus of elasticity of fibre, and is the volume of fibre material.
Substituting 0.55 for , 0.45 for , 2.4MPa for 
, 131GPa for .
