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3 years ago

Explain why cattle would not be good to use as money today

2 answers:

5 0

Cattle would not be good used as currency today because some cattle can be more unhealthy than another causing disputes. Also when paying in a store it would be a great inconvenience.

Snowcat [4.5K]3 years ago

5 0

Money has taken many forms through the ages: shells, wheels, beads and even cows. All forms, though, have always had three things in common. Find out what in this eight-minute episode of our Economic Lowdown Podcast Series. You will also learn how commodity money differs from representative money and how both differ from today's fiat money.

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Using the following data:

KonstantinChe [14]

Answer:

The answer is

A. 26.46%

B. $5,958,354.88

Explanation:

IRR = CFo/(1 + IRR)^0 + CF1/(1 + IRR)^1 + CF2/(1 + IRR)^2 + CF3/(1 + IRR)^3 + CF4/(1 + IRR)^4 + CF5/(1 + IRR)^5

CFo = -$10,000,000

CF1 = $3,000,000

CF2 = $3,500,000

CF3 = $4,000,000

CF4 = $4,900,000

CF5 = $5,000,000

Using a financial calculator;

IRR = 26.46%

NPV = -CFo + CF1/(1+ r)^1 + CF2/(1 +r)^2 + CF3/(1 + r)^3 + CF4/(1 + r)^4 + CF5/(1 + r)^5

CFo = -$10,000,000

CF1 = $3,000,000

CF2 = $3,500,000

CF3 = $4,000,000

CF4 = $4,900,000

CF5 = $5,000,000

Using a financial calculator;

NPV = $5,958,354.88

7 0

3 years ago

Stuart, a CFE, is investigating a possible management fraud. He found an email on an employee's computer to use as evidence in t

Black_prince [1.1K]

Answer:

<em>Documentary evidence </em>

Explanation:

<em>CFAs resolve fraud allegations by taking statements, obtaining evidences and writing reports, testifying crimes and by assisting in the detection and prevention of white collar crimes. </em>

Any evidence that can be used at a trial as documents are called documentary evidence, it generally means the wrings on paper such as a will, contract or invoice. Tape recordings, photographs printed documents, emails and spreadsheets can also be considered documentary evidence. Although authenticity of genuine evidence needs to be proved

If a document is produced for other purpose instead of the examination of the contents of the document it is not considered to be a documentary evidence.

e.g if a letter is produced during the trial to prove that the author of letter was shot by the defendant then it would be considered as documentary evidence but a film of the incident or a written description of this incident by an eye witness would be considered as documentary evidence.

5 0

3 years ago

Are the materials costs and processing costs relevant in the choice between alternatives A and B?

podryga [215]

Answer:

Please see explanation.

Explanation:

Material Cost = A cost which is used to prepare a goods or services is termed as material cost.

Processing Cost = When a cost incurs to satisfy customers want from taking orders to ensuring product delivery, it is called processing cost. It includes taking order, tracking, keeping and maintaining inventories, manufacturing products, customer support, and product delivery.

When there are two alternatives including processing and material costs, we have to use three scenarios:

A) In both the alternatives, the material cost is $50,000 and $55,000. The processing cost is $40,000 and $45,000.

In that case, since material cost and processing cost vary from one alternative to another, both the cost are relevant.

B) In both the alternatives, the material cost is $50,000 and $50,000. The processing cost is $40,000 and $45,000.

In that case, since the cost for material in alternative A and B is similar while the processing cost is different, therefore, only processing cost is relevant.

C) In both the alternatives, the material cost is $50,000 and $55,000. The processing cost is $40,000 and $40,000.

In that case, since the cost for material in both the alternatives are different while the processing cost is similar, only material cost is relevant.

4 0

2 years ago

In this assignment, you'll use a word processor to create a newsletter based on the following scenario: Suppose that you are a s

adelina 88 [10]

A high school secretary is under obligation to convey the students regarding the rules and regulations as well as the upcoming events that are about to take place in a high-school through a newsletter.

<h3>What is a newsletter?</h3>

A bulletin of information, which is circulated among the members of an organization and any such person who has substantial interest in such information, is regarded as a newsletter.

A newsletter is attached in the form of an image with this part for the purpose of reference.

Hence, a newsletter that is required to be circulated by the high-school secretary will be in the form of the image being attached.

Learn more about newsletter here:

brainly.com/question/26221447

#SPJ1

6 0

2 years ago

Assume that a hypothetical economy with an MPC of 0.9 is experiencing severe recession.

Pavel [41]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

4 0

3 years ago