Money's advantage over other financial assets is that it has less fluctuating value, is more accessible, no extra charges.
- Money's value don't fluctuate much with market unlike stocks , real estate etc hence it's more reliable.
- You can't trade anytime or instantly with other financial assets as they first need to be liquidated and liquidating funds from these assets can take from days to even months and years in some cases. Hence they're less accessible.
- There are many other taxes and charges in purchase and sell of other financial assets . eg- Brokerage charge in stocks , sales tax in selling of gold , capital gain tax on real estate.
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All the following are leading indicators except stock prices. Option A
This is further explained below.
<h3>What are stock prices?</h3>
Generally, Every share of stock that is issued by a publicly traded corporation is automatically assigned a stock price.
The price is a representation of the worth of the firm, or the amount that members of the general public are prepared to pay for a share of the company.
It can and will go up and down depending on a variety of factors in the global environment and within the company itself. These fluctuations are inevitable.
In conclusion, Except for stock prices, each of the following can be considered a leading indicator.
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Answer:
C. behavioral decision-making style
Explanation:
A behavioral decision-making style is a characteristic of an individual who displays the ability of an open policy system where everyone is accommodated with a sense of belonging.
Answer:
$7,781
Explanation:
The amount of check at the end of December is computed as;
= Checks written in November + Checks written in December - Checks presented in November for payments - Checks presented in December for payments
= $27,850 + $37,986 - $25,399 - $32,656
= $7,781
Answer:
Explanation:
A)
cost of not taking a cash discount = (1+3/(100-3))^(360/(35-13)) -1
cost of not taking a cash discount = 66.5%
B)
Effective rate of interest if the company borrows from the bank = (17/(100-12))
Effective rate of interest if the company borrows from the bank = 19.3%
