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Zanzabum
3 years ago
5

Why might one doubt that current forms of digital money, such as Bitcoin, will replace more traditional fiat currencies?

Business
1 answer:
NISA [10]3 years ago
7 0

Answer:

The correct answer is (e)

Explanation:

Digital currency, such as bitcoin is out of government’s control. Similarly, the market decides their price and that makes them unpredictable. Likewise, the digital money has various problems that make them different and hard to trust on, such as, they can’t be used as means of payment, the unit of account, store of value and standard value. Because fiat money is equipped with all those advantages, which is why people doubt that current forms of digital will replace traditional money.

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Fabri Corporation is considering eliminating a department that has an annual contribution margin of $37,000 and $74,000 in annua
Amiraneli [1.4K]

Answer:

the annual financial advantage (disadvantage) for the company of eliminating this department is $18,500

Explanation:

the computation of the  annual financial advantage (disadvantage) for the company of eliminating this department is as follows:

Annual financial Advantage (disadvantage) = $37000 - ($74000 - $18500)

= $37000 - $55,500

= $18,500

Hence, the annual financial advantage (disadvantage) for the company of eliminating this department is $18,500

5 0
3 years ago
Net operating working capital is equal to operating current assets minus operating current liabilities.
Alex73 [517]

Net operating working capital (NOWC) is the excess of working current belongings over running present-day liabilities.

Running capital, additionally called net running capital, represents the difference between an organization's modern-day property and cutting-edge liabilities. working capital is a measure of an employer's liquidity and quick-time period economic health.

Operating working capital focuses more on operations, while net running capital looks in any respect for property and liabilities. net working capital is more comprehensive because it represents the cash and other cutting-edge property a corporation has every day daily running and growing its enterprise.

Internet running capital is an economic metric that gauges the difference between an employer's non-interest-bearing running belongings and its non-hobby charging running liabilities.

Learn more about working capital here: brainly.com/question/26214959

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8 0
2 years ago
A rectangular crate has the dimensions of 32.1 inches by 28.2 inches by 1 foot.
notsponge [240]
905.22
This is the Answer just did it with my teacher and said it was right

5 0
3 years ago
Tell me about yourself:
Artist 52 [7]
That is great but add a bit more of a closing sentence (pls give me brainleist )
3 0
3 years ago
Tungsten, Inc. manufactures both normal and premium tube lights. The company allocates manufacturing overhead using a single pla
lara [203]

Answer:

Estimated manufacturing overhead rate= $1.53 per machine hour

Explanation:

Giving the following information:

The company allocates manufacturing overhead using a single plantwide rate with machine hours as the allocation base.

The estimated overhead costs for the year are $ 104,000.

Machine hours​ (MHr)= 27,000 + 41,000= 68,000 machine hours

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 104,000/68,000= $1.53 per machine hour

4 0
4 years ago
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