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dangina [55]
3 years ago
9

When a banker records how many dollars each of his borrowers owes the bank, money is serving as a rev: 06_06_2018 Multiple Choic

e store of value. unit of account. medium of exchange. legal tender.
Business
1 answer:
snow_lady [41]3 years ago
6 0

Answer:

The correct answer is the second option: unit of account.

Explanation:

To begin with, the particular concept of money, in the economics field, has a lot of application that can vary depending on wheter the use that person is going to give it to it. In the cases where the money is use in the accounts of the companies to keep the books in actual values of the day then the money has the function of acting as a unit of account in order to know how much is the amount that it has to be registered in the books and therefore that the banker is using the money as a unit of account for the bank.

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Which type of account typically has low liquidity?
Rashid [163]
 D: Certificate of deposit  
thats the correct answer
4 0
3 years ago
A company's flexible budget for 12,000 units of production showed sales, $48,000; variable costs, $18,000; and fixed costs, $16,
Drupady [299]

Answer:

$24,000

Explanation:

Selling price per unit:

= Sales ÷ units produced

= $48,000 ÷ 12,000

= $4

Variable cost per unit:

= variable costs ÷ units produced

= $18,000 ÷ 12,000

= $1.5

Fixed cost = $16,000

Net operating income if the company produces and sells 16,000 units:

= Sale - Variable cost - Fixed cost

= (16,000 × $4) - (16,000 × $1.5) - $16,000

= $64,000 - $24,000 - $16,000

= $24,000

4 0
3 years ago
Which financial activity helps a company based in another country?
AlekseyPX
The financial activity that helps a company based in another country is : A. Foreign direct investment

Foreign direct investment is a type of investment in the form of ownership of a business entity by an entity in another country. For example : Berkshire Hathaway ownership of a an entity in Indonesia
7 0
3 years ago
Read 2 more answers
Chloe Closson paid for her vacation to the mountains with a $3,000 installment loan at 10% for 12 months. Her monthly payments w
erastova [34]
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However, if Chloe pays off the loan with the sixth payment, she will pay out (263.75 x 5) + 1,786.20 = $3,086.95.

But the question is how much will she save? To get the answer just follow this:  3165.00 - 3086.95 = $78.05 

Therefore, Chloe saves $78.05 
7 0
3 years ago
Acme expected demand for rocket-powered roller skates to pick up during roadrunner season, so they built hundreds of extra pairs
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Acme expected demand for rocket-powered roller skates to pick up during roadrunner season, so they built hundreds of extra pairs and stored them out of season. The excess production is buffer stock.

Demand is the amount of goods that consumers are willing to purchase at various prices over a period of time. The relationship between price and quantity demanded is also called the demand curve.

Demand is the number of consumers willing and able to purchase a product at various prices over a period of time. Demand for goods refers to consumers' desire to purchase goods and their willingness and ability to pay for them.

Learn more about demand here:brainly.com/question/1245771

#SPJ4

4 0
2 years ago
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