1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vaselesa [24]
3 years ago
10

Money serves as a store of value when it a. rapidly gains and loses value over time. b. can be used to purchase approximately th

e same amount of goods over time. c. loses a constant amount of value over time. d. is accepted by all merchants.
Business
1 answer:
konstantin123 [22]3 years ago
3 0

Answer: b. can be used to purchase approximately the same amount of goods over time.

Explanation:

There are several functions of money including that it is a store of value. This means that it can be used to exchange for goods that have the same value over a period of time. For instance, $5 for a $5 plate of food.

It also means that it can be saved such that the value that it has will allow for people to be able to exchange for goods in future. This can only happen if it keeps its value over the same period of time.

You might be interested in
The term used to describe all the activities managers do to help their firms create finished goods and services is __________ ma
yulyashka [42]

Answer:

Production management

Explanation:

Production management involves five functions of management i.e. planning, organizing, staffing, directing and controlling. It aims to produce the goods and services according to the customer needs by converting the raw material to finished goods.

To make the finished goods, various process is required that involves raw material, work in progress and finally finished goods.  

According to the given situation, the most appropriate term is production.

7 0
3 years ago
Sunland Company deducts insurance expense of $213000 for tax purposes in 2018, but the expense is not yet recognized for account
zloy xaker [14]

Answer:

$227,900

Explanation:

Given that,

Company deducts insurance expense tax purposes in 2018 = $213,000

Tax rate = 30%

Income taxes payable at the end of 2018 = $164,000

There were no deferred taxes at the beginning of 2018.

Income tax expense for 2018:

= (Amount of deduction in insurance expense × Tax rate) + Income taxes payable at the end of 2018

= ($213,000 × 30%) + $164,000

= $63,900 + $164,000

= $227,900

6 0
3 years ago
Consider the single factor APT. Portfolio A has a beta of 0.5 and an expected return of 12%. Portfolio B has a beta of 0.4 and a
Jobisdone [24]

Answer and Explanation:

Given:

For portfolio A

Expected return of 12%

beta = 0.5

Risk premium for A = ?

For portfolio B

Expected return of 13%

beta = 0.4

Risk premium for B = ?

Risk-free rate of return = 5%

Computation:

For portfolio A

12% = 5% + (0.5 × risk premium for A)

risk premium for A = 14%

For portfolio B

13% = 5% + (0.4 × risk premium for B)

risk premium for B = 20%

short position "A"

Long position "B"

8 0
3 years ago
How does the business cycle affect consumers? check all that apply.
kiruha [24]

Answer:

The business cycle is crucial for businesses of all kinds because it directly affects demand for their products. Boom: high levels of consumer spending, business confidence, profits and investment. Prices and costs also tend to rise faster. Unemployment tends to be low as growth in the economy creates new jobs.

5 0
2 years ago
If your lifestyle budget is $50,000 a year, selecting a career earning $75,000 will most likely allow you to meet your lifestyle
Aleks [24]
This question is a True statement
7 0
3 years ago
Read 2 more answers
Other questions:
  • A certificate of deposit is a receipt showing that an investor has made an interest bearing loan to a bank or a government or a
    5·2 answers
  • Orange Corporation acquired new office furniture on August 15, 2018, for $130,000. Orange does not elect immediate expensing und
    10·1 answer
  • Caterpillar is a manufacturer of heavy machinery that is sold around the world. A growing business for this U.S.-based company a
    5·1 answer
  • The current period statement of cash flows includes the flowing: Cash balance at the beginning of the period $310,000 Cash provi
    14·1 answer
  • The challenge of cost-benefit analysis and the tragedy of the commons are two problems associated with which type of good?
    7·1 answer
  • Bramble Corp. had 1420000 shares of common stock issued and outstanding at December 31, 2020. On July 1, 2021 an additional 1254
    10·1 answer
  • Sherri is a self- employed house painter. she has no regular office, and she does not have a qualified office in her home. there
    12·1 answer
  • Yuma, Inc. manufactures teddy bears and dolls. Currently, Yuma makes 2,100 teddy bears each month. Each teddy bear uses $3.50 in
    13·1 answer
  • Managerial accounting systems report both monetary and nonmonetary information. Examples of nonmonetary information include: ___
    5·1 answer
  • connect academy contracts with states to provide virtual public education. at connect academy, the work groups are divided into
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!