The right answer for the question that is being asked and shown above is that: "d. comparing camera prices at different stores before buying one." an example of money as a unit of account is that of d. comparing camera prices at different stores before buying one<span>
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Answer:
Cash borrowed = $120,000
Interest on promissory note = 10%
Explanation:
Answer: Conservative approach; Short term debt
Explanation:
Conservative approach is used by a company to maintain a level of current assets that is high which invariably leads to higher working capital. This is used by a firm that occasionally faces demand for short-term credit but usually has an excess of short-term capital to finance current assets.
Short term debts typically costs less than the long term debts as it's for a shorter duration.
Answer and Explanation:
The computation is shown below:
Return on investment = income ÷ investment
For Simone
= $54 ÷ $605
= 8.93%
For Riley
= $57 ÷ $650
= 8.77%
As it can be seen that simone contains the return on investment so the simone would be preferred
Also, the other factor that should be considered before doing any kind of investment i.e. risk
