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frutty [35]
3 years ago
10

1. Do you think the day will come when people no longer use cash? Why, or why not?

Business
1 answer:
RSB [31]3 years ago
5 0
I think now I’m present day that money is now being transferred online and email services I think cash for no longer be used in the future because the rise of technology and how everyone is now getting so used to it and depending on tech

It would be positive it would be more clear to people and for the younger generation to learn about but for the older generation it would be much harder and would be a negative affect on them since they didn’t use technology in their days and a lot of people are still used to cash
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Which of these would be considered an entrepreneur?
Brilliant_brown [7]
The owner of a local coffee shop
4 0
3 years ago
Read 2 more answers
The time value of money reflects the fact that: a.a covenant requires the borrower to agree not to borrow any additional funds u
TEA [102]

Answer:

The answer to this question is c.it is best to have money today, so it can be put to work sooner to make even more money.

Explanation:

The time value for money is the concept that money available at the present time is worth more than the identical sum in the future due to its potential earning capacity. This core principle of finance holds that provided money can earn interest, any amount of money is worth more the sooner it is received.

It emphasis on the fact that  a dollar received today is worth more than a dollar received in the future because of some changes that may have occurred.

From the above explanation we can conclude that the answer is c.it is best to have money today, so it can be put to work sooner to make even more money.

8 0
3 years ago
Cups of coffee of milk tea are substitutes. assume both have in elastic demand. Suppose exceptionally good weather increases the
nata0808 [166]

Answer:

In that situation, the demand of the Milk tea will fall.

Explanation:

In businesses subtitles are the type of products that serve a similar purpose but generally less favorable. You use substitutes as a second product when you somehow cannot use the first/main product.

In the example above,

Let's say that Coffee is people's favorite beverages. They like it better than milk tea. But, if they don't have enough money to buy their favorite coffee, they sometimes have to exchange it and settle with milk tea.

When weather increases the harvest of the coffee bean crop, the price of coffee will most likely fall down due to the abundance in resource.

When this happen, there will be lesser people who use the substitute product. in the end, the demand for the milk tea will fall.

8 0
3 years ago
Paden Company purchased merchandise from Emmett Company with freight terms of F.O.B. destination. The freight costs will be paid
Art [367]

Paden Company purchased merchandise from Emmett Company with freight terms of F.O.B. destination. The freight costs will be paid by the the buyer.

<h3>What is freight?</h3>

The physical process of transporting commodities and merchandise goods and cargo is known as freight transport. The term shipping originally referred to sea transport, but in American English, it has been expanded to include land and air transport as well.

Standard shipping time in the United States ranges from 2 to 5 business days, depending on where you're sending from and to. It may take a little longer for a package to arrive in a remote location, but in the United States, almost all states can be reached within 5 business days.

To know more about freight follow the link:

brainly.com/question/24920251

#SPJ4

6 0
2 years ago
Two gamblers bet $1 each on the successive tosses of acoin. Each has a bank of $6. What is the probability that:a They break eve
strojnjashka [21]

Answer:

Part a: The probability of breaking even in 6 tosses is 0.3125.

Part b: The probability that one payer wins all the money after the 10th toss is 0.0264.

Explanation:

Part a

P(success)=1/2=0.5

P(Failure)=1/2=0.5

Now for the break-even at the sixth toss

P(Break Even)=P(3 success out of 6)

P(3 success out of 6)

=^6C_3/(2^6)\\=5/16\\=0.3125

So the probability of breaking even in 6 tosses is 0.3125.

Part b:

So the probability that one of the player wins all the money after the 10th toss is given as the tenth toss is given as a win so

Wins in 9 tosses is given as 9!/7!=72

The probability that the other person wins

Wins in 8 out of 10 tosses is given as 10!/8!(10-8)!=10!/8!2!=45

So the probability of all the money is won by one of the gambler after the 10th toss is given as

P=number of wins in 9 tosses-Number of wins in 10 tosses/total number of tosses

P=(72-45)/2^16

P=0.0264

So the probability that one payer wins all the money after the 10th toss is 0.0264.

8 0
3 years ago
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