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3 years ago

Which function of money describes its ability to help people compare what

Business

1 answer:

Blababa [14]3 years ago

8 0

Answer:

C. Measure of value

Explanation:

Measure of value or unit of account is one of the four main functions of money. Under this function, money makes it possible to compare the values of different goods and services. Producers of goods and service providers apply various techniques to assign a monetary value to their products. Comparison in value, therefore possible as with money as the common denominator.

Because money is divisible in small units, it is possible to attach a monetary value to a good or service regardless of its size or worth.

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At the present time, Water and Power Company (WPC) has 5-year noncallable bonds with a face value of $1,000 that are outstanding

kicyunya [14]

Answer:

6.53%

Explanation:

For computing the after cost of debt we need to use the RATE formula i.e to be shown in attached spreadsheet. Kindly find it below:

Given that,

Present value = $1,050.76

Future value or Face value = $1,000

PMT = 1,000 × 10% = $100

NPER = 5 years

The formula is shown below:

= Rate(NPER;PMT;-PV;FV;type)

The present value come in negative

So, after applying this above formula

1. The pretax cost of debt is 8.70

2. And, the after tax cost of debt would be

= Pretax cost of debt × ( 1 - tax rate)

= 8.70% × ( 1 - 0.25)

= 6.53%

6 0

3 years ago

A _________ is generally considered an appreciating asset because it may _________ in value over time.

jeka94

A house is generally considered an appreciating asset because it may increase in value over time. Appreciation is an increase in the value of an asset over time. The increase of the value of the house may occur for a number of reasons, including increased demand or weakening supply, or as a result of changes in inflation or interest rates. One example would be: the neighborhood became very famous, so the value of the houses there will increase, because the demand will increase.

8 0

3 years ago

Read 2 more answers

If you are going to receive $70,000 for 20 years starting 5 years from now, what is the present value of the cash flows discount

schepotkina [342]

Answer:

336,405.28

Explanation:

Present value can be found by discounting the cash flows at the discount rate.

Present value can be found using a financial calculator:

Cash flow from year 1 to 4 = 0

Cash flow from year 5 -25 = $70,000

Discount rate = 12%

Present value = $336,405.28

I hope my answer helps you

4 0

3 years ago

Sheridan, Inc. acquired 40% of Pina Corporation's voting stock on January 1, 2021 for $1060000. During 2021, Pina earned $364000

docker41 [41]

Answer:

$102,500

Explanation:

As per the given question the solution of gain be on sale is provided below:-

For reaching the gain be on sale first we need to follow some steps which is following below:-

Step 1

December 31, 2021 Investment = Initial investment + Net income - Dividend

= $1,060,000 + ($364,000 × 40%) - ($250,000 × 40%)

= $1,060,000 + $145,600 - $100,000

= $1,205,600 - $100,000

= $1,105,600

Step 2

July 1,2022 Investment = December 31, 2021 Investment + Net income - Dividend

= $1,105,600 + ($533,000 × 6 months ÷ 12 months × 40%) - ($138,000 × 40%)

= $1,105,600 + $106,600 - $55,200

= $1,212,200 - $55,200

= $1,157,000

Step 3

Now, the investment half value = $1,157,000 ÷ 2

= $578,500

and finally

So, Gain = Stock - Half value of Investment

= $681,000 - $578,500

= $102,500

So, we have calculated the gain be on sale in Sheridan's 2022 income statement by using the above formula.

7 0

3 years ago

Along with the decreasing number of scandals in government, politics, business, education, and religion over the past decade, th

cluponka [151]

No, this statement is false. Along with the decreasing number of scandals in government, politics, business, education, and religion over the past decade, the need for crisis management has not decreased.

How does a scandal affect a business?

Recent studies actually demonstrate that companies with moral workplace cultures outperform their rivals, particularly in terms of stock price growth. Business ethics scandals can seriously damage a company's reputation, leaving customers and employees with a negative impression of the organization's values.

Is a scandal a crisis?

This essay follows Sims's definition of a crisis as an abrupt, unanticipated incident that hurts the organization. Sims also defines a scandal as a subtype of crisis, which is unethical conduct or an event that elicits indignation and reaction (Kuhn and Ashcraft, 2003; Tucker and Melewar, 2005).

Learn more about scandal effect: brainly.com/question/537287

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8 0

2 years ago