Answer: Option(B) is correct.
Explanation:
Money is a term or instrument that is generally used in making transaction of goods and services. Individuals use money as a medium of exchange, unit of value and for making standard deferred payments. It is easy to store money. We can easily measure the value of goods and services in terms of money. Now days, money is normally utilized as a medium of exchange.
Answer:
a. 57 percent of the U.S. M1 money supply.
I'm pretty sure the answer would be a budget? A good budget is a way you can keep track of your money. Like what you are spending it on in different categories (like bills, entertainment, food, etc) and how much money is being spent in each.
Answer:
450 million is the firm’s value of equity
Explanation:
In this question, we are asked to calculate the best estimate for the firm’s value of equity in millions.
To calculate this, we proceed as follows;
Mathematically;
Firm’s value of equity= [(Total corporate Value - (Notes payable + Long term debt)]
From the question, we identify the total corporate value as 750 million, the notes payable as 100 million and a long term debt of 200 million
Now, plugging these into the equation above, we have ;
Firm’s value of equity = 750 million - (100 million + 200 million) = 750 million - 300 million = 450 million
