Answer:
a. 22.51
Explanation:
The value of the stock is in the money as if the value of stock goes up twice then the new value of the stock will be $60 * 10% * 2 = $72.6
The value of the option is in the money as the new value of the option is greater than the current price.
Answer:
The answer is "They are used for anything listed on the budget."
Answer:
Unit of measure concept
Explanation:
The definition for a unit of measure refers to a common principle used throughout accounting, whereby all activities should be reported uniformly using the same currency. For instance, a business that holds its documents in just the U.S. will report its whole dealings in U.S. dollars, whereas a German company will report all its payments in euros.
If a transaction includes transactions or transfers in another currency, the sum is translated until being registered to the domestic currency utilized by an entity. Without a specific standard unit, financial reports will be impossible to generate.
Make a list of reasons
Example: to serve and protect
to fight crime
to help others
to uphold local, state, and federal laws
to set an example for children
to do proactive crime prevention