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3 years ago

Please help its due in 2 hours time will give all my points

Business

1 answer:

adoni [48]3 years ago

8 0

Explanation:

First money ever made was just coins and it differed in worth compared to today. In the present, money is not only a physical object but it also an imaginary value on our bank accounts and cards. Having in mind that monetary transactions are all-in-all deposits, withdrawals and exchanges, its way easier to conduct those with not having to give and recieve money in physical form, but being, able to do it all while just transfering the numbers from one to another account. Bankers have less responsibility due to not having to stock all the money in safes and secure boxes, but just checking if all the numbers are adding up. So, shall we say, the development of money over time has improved the way in which monetary transactions are conducted because this way, it's safer, faster and much more trustworthy.

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Which of the following is true about finding the present value of cash flows? Finding the present value of cash flows tells you

antiseptic1488 [7]

Answer: The statement 2, "Finding the present value of cash flows tells you how much you need to invest today so that it grows to a given future amount at a specified rate of return." Is TRUE.

Explanation: "Finding the FUTURE VALUE of cash flows tells you what a cash flow will be worth in future years at a specified rate of return." is the definition for FUTURE VALUE.

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3 years ago

What precautions does the government take to protect money?

Anestetic [448]

Answer:

Americans piled into the metal as protection from the collapsing value of the dollar. But since the 1970s, the government has enacted a series of laws that have made owning gold more difficult, more costly, and less private.

Explanation:

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3 years ago

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ohaa [14]

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3 years ago

Read 2 more answers

Equipment in general governmental service that had been acquired several years ago by a special revenue fund at a cost of $40,00

vivado [14]

Answer:

D. A credit to Other Financing Sources for $5,000.

Explanation:

As the equipment is used for governmental service and sold, the journal entry to record the disposal is as follows:

Debit Cash $15,000

Debit Accumulated Depreciation $30,000

Credit Equipment $40,000

Credit Gain on sale of equipment $5,000

Calculation: Book value of equipment = Cost price - Accumulated depreciation = $40,000 - $30,000 = $10,000

Therefore, Gain on sale of equipment = Disposal value - Book value = $15,000 - $10,000 = $5,000.

Therefore, option A is correct. Option B is also correct. Option C is also correct. Therefore, option D is not correct and it is the answer as it will not include in the journal.

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3 years ago

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Lilit [14]

Answer:

Explanation:

The big 5 personality traits include

Openness - it includes people who are open to new things and enjoy learning new things.

Ted is high on this trait

Extraversion - it includes people who enjoy meeting new people and are very sociable.

Betty is high on this trait

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Agreeableness - includes people that trust people easily and are kind

Neuroticism - includes people that are usually moody or sad

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3 years ago