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makkiz [27]
3 years ago
9

Why were metal Coins suitable by then​

Business
1 answer:
Vika [28.1K]3 years ago
4 0

Answer:

The coinage metals comprise, at a minimum, those metallic chemical elements which have historically been used as components in alloys used to mint coins. The term is not perfectly defined, however, since a number of metals have been used to make "demonstration coins" which have never been used to make monetized coins for any nation-state, but could be. Some of these elements would make excellent coins in theory (for example, zirconium), but their status as coin metals is not clear. In general, because of problems caused when coin metals are intrinsically valuable as commodities, there has been a trend in the 21st century toward use of coinage metals of only the least exotic and expensive types.

Explanation:

if it is helpful.......... plzzz. like and follow

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"A municipal bond dealer quotes an 8 year 6% bond trading in the secondary market on a 4% basis. After considering all taxes, th
tensa zangetsu [6.8K]

Answer:

more than 4% but less than 6%

Explanation:

Given that the new quotes for a 4% bond trading in the secondary market are higher than 4% which is actually a 6% basis, thus, it is expected that the customer's yield to be greater than the initial 4%. However, given that, we are looking for the customer's yield after-tax, then the net customer's yield will be less than 6%.

Therefore, the right answer is that the customer's yield will be MORE THAN 4% but LES THAN 6%.

6 0
3 years ago
A company performs 20 days of work on a 30-day contract before the end of the year. The total contract is valued at $6,000, with
snow_tiger [21]

Answer:

a. True

Explanation:

Based on the information given the required adjusting journal entry will includes a $4,000 DEBIT TO UNEARNED REVENUE reason been that we were told that the company carried out 20 days of work out of 30-day contract before the end of the year which means that the company has earned an UNEARNED REVENUE by the end of the year of the amount of $4,000 calculated as ($6,000 * 20 days /30 days) which is why the adjusting Journal entry would includes a $4,000 DEBIT TO UNEARNED REVENUE.

5 0
3 years ago
What did milton friedman and e. s. phelps argue with respect to the phillips curve?
ANEK [815]

Milton and phelps argued with the concept of phillips curve because it cannot work in the long run to become aware of aggregate demand and supply.

Government could not trade higher priced goods for lower employment. The phillips curve could accurately guide policy and procedure makers in short run or for a short period of time. This cause a relative negative relation between rate of employment and wage labor curve.

It is argued by the two economists when the nominal rates and wages were adjusted finally. It also states inverse relationship between the various curves operating respect in the economy. It is a upward rising curve.

To learn more about phillips curve here,

brainly.com/question/13981222

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7 0
2 years ago
(I) The real interest rate: A. is the interest rate that is quoted on a financial debt and a​ firm's assets. B. is equal to the
Anestetic [448]

Answer:

B. is equal to the nominal interest rate minus the inflation rate

(II) 3.4% simplify method

    3.317% fisher formula

Explanation:

5.9 - 2.5 = 3.4 real rate

or using fisher formula

\frac{1+rate}{1+inflation} - 1 = $real rate

1.059/1.025 - 1= 3.317 real rate

5 0
4 years ago
Capes Corporation is a wholesaler of industrial goods. Data regarding the store's operations follow:
Galina-37 [17]

Answer:

Explanation:

Schedule of expected cash collection is a form of budgeted that list the time frames and the amount of payment expected from customers for the purpose of efficient planning.

Account receivables

60% * October sales = 67,000

November sales

40% * 320000 (November sales) = $128,000

                                                       $195000

December cash collection

60%*320000 (November sales) = 192000

40%*330000 (December sales)= $132000

                                                     $324,000

5 0
3 years ago
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