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zaharov [31]
3 years ago
7

7. Which of the following is NOT a function of money * 3 points A Unit of account B Store of value C Protection against inflatio

n D Medium of exchange
Business
1 answer:
Nuetrik [128]3 years ago
5 0

Answer:

C Protection against inflation

Explanation:

As we know that there are three functions of money i.e.

1. Unit of account

2. Store of value

3. Medium of exchange

There is only 3 functions of money that are shown above

So the protection against inflation would not be considered for the same

And, these 3 would represent the functions of money and can be treated as the unit of account, store of value and the medium of exchange

Hence, the option c is correct

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What do right-to-work laws do?
Westkost [7]

Answer:

D

Explanation:

they ban mandatory union memberships

6 0
3 years ago
On July 1, 2013, Farm Fresh Industries purchased a specialized delivery truck for $126,000. At the time, Farm Fresh estimated th
DochEvi [55]

Answer:

I think last option

6 0
3 years ago
Read 2 more answers
The Homestead Strike of the Iron and Steel workers in Homestead, PA is representative of the struggle in the late 1800's between
denpristay [2]

Answer:

A) True

Explanation:

The Homestead strike was a combination of both a company lockout (the company didn't allow workers to work) and a union strike (where the workers did't want to work). It was a power struggle between one of the darkest and sinister monopolists of the 19th century, Carnegie Steel (led by Andrew Carnegie) and the most powerful workers' union in America, the Amalgamated Association of Iron and Steel Workers.

In 1889 the union won, but Carnegie wanted revenge, so in 1892, he demanded harsher conditions after the initial contract was over and when the union said no, a lockout started. It was bloody and messy, with 16 dead. Carnegie's private army of 300 guards faced 10,000 strikers and things turned ugly soon. The Pinkertons (Carnegie's troops) were "defeated" but too many lives were lost.

Since Carnegie's little was defeated, he asked a bigger fish to help him and the governor sent 8,000 soldiers to arrest any union striker that opposed Carnegie. Finally, Carnegie's millions and corrupt politicians won, and the workers were forced to accept lower wages and more working hours. Those who rejected the forced deal were sent to prison.

6 0
2 years ago
.Dorothy Fonda is an unmarried head of household with the following income for the year: Wages $34,500 Bank interest $275 Munici
anygoal [31]

Answer:

$33,850.00

Explanation:

The computation of the Adjusted gross income (AGI) is shown below:

= Wages + bank interest + lottery price - standard deduction

= $34,500 + $275 + $325 - $1,250

= $33,850

The standard deduction is a contribution to her traditional IRA. All other items which are given in the question are not relevant. Hence, we ignored it

4 0
3 years ago
Read 2 more answers
g Product #1 Product #2 Historical cost $26 $51 Replacement cost 16 28 Estimated cost to dispose 23 25 Estimated selling price 5
Darya [45]

Answer:Product 1 will be valued at $16,  Product 2 will be valued at $29

Explanation:

Lower of Cost or Market

Lower of Cost or Market is a Method for Valuing inventory which stipulates  that inventory must be valued at the lower of cost or market price. Market price is defined as the replacement cost of inventory. There is however a Criteria to be followed when using Replacement costs

The replacement cost should not exceed or should not be greater than the Net Realizable Value, Net Realizable Value is the net amount we would receive from the sale of inventory after settling cost of selling inventory. If Replacement Cost is greater than Net relizable value, Net Realizable Value will be compared to historical cost in determining the value of inventory

The Replacement Cost Should also not be less than Net relizable value minus Ordinary profit, if it is less , Net relizable value minus Ordinary profit will be compare to historical costs in determining the value of inventory.

Replacement costs will be used if they are lower than Net realizable value and Higher than Net relizable value minus Ordinary profit

Product 1

Historical cost = $26

Net Realizable Value = $52 - 23 = $29

Net realizable Value minus Ordinary Profit = $29 - ( 52 -26) = $3

Replacement Cost $16

Replacement costs ($16) are less than Net realizable value ($29) But they are higher than Net realizable value minus Ordinary Profit ($3),. Product 1 will be valued at the lower of cost $26 or $16

Product 1 will be valued at $16

Product 2

Historical cost = $51

Net Realizable Value = $80 - 25 = $55

Net realizable Value minus Ordinary Profit = $29 - ( $80 -51) = $29

Replacement Cost $28

Replacement costs ($28) are less than Net realizable value ($55). They are also lower than Net realizable value minus Ordinary Profit ($29). Product 2 will be valued at the lower of cost $51 or $29

Product 2 will be valued at $29

5 0
3 years ago
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