Answer:
The correct answer is: cigarettes; fiat.
Explanation:
Money performs a number of functions such as medium of exchange, store of value etc. Before the introduction of money, goods and services were used as a medium of exchange. This system was called barter system.
The difference between cigarettes and dollars is that cigarettes have an intrinsic value. Dollars do not have any intrinsic value, but it has high face value.
Fiat money is the physical money in notes and coins which are not backed by any other commodity. These are made legal tender by the government and have no intrinsic value of their own.
Answer:
A. Private corporation.
Explanation:
Private corporation: It is type of business corporation which is privately owned by individual or company or group of small invenstor and the motive these company is to earn profit. The stocks of these companies are not freely traded in the open market, however, ownership of these company remain with few individuals, who might be closelt related or family member. The operation of these company will remain same as a regular corporation.
In the given case, Hardware store was privetly owned by Russell´s family and they don´t hire manager from outside, neither they sell it to any outsider. Therefore, this business is an private corporations.
Answer:
$677,000,000
Explanation:
The computation of pension expenses is shown below:-
Pension expenses = Service cost + Interest on PBO - Return on plan assets + Amortization of prior service cost - Amortization of net loss
= $366,000,000 + $737,000,000 - $593,000,000 + $13,000,000 - $154,000,000
= $677,000,000
Therefore for computing the pension expenses we simply applied the above formula so that the correct amount could come
Answer:
The Answer is A,C,D
Explanation:
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