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Veseljchak [2.6K]
4 years ago
13

Donna pays $5 for a sandwich and bag of chips. What function is money serving in this example?

Business
1 answer:
Anna35 [415]4 years ago
4 0
The money is serving as a medium of exchange. You are exchanging money, which represents the ability to purchase any good of equal value, for the sandwich and bag of chips. 
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Eight months ago, Freda purchased 500 shares of stock on margin at a price per share of $35. The initial margin requirement on h
AVprozaik [17]

Answer:

the effective annual rate for Freda is 12.70%

Explanation:

<u>Freda investment</u>

500 shares x $ 35 each x 70% margin = 12,250

<u>Financing taken:</u>

500 shares x $ 35 each x 30% = 5,250

<u>Payment of the loan:</u>

principal x (1 + rate x time)

5,520 x ( 1 + (0.0475 + 0.02) x 8/12) = 5,483.67

<u>Holding return:</u>

\frac{return}{cost} -1

(500 shares x 37.5 - 5,483.67)/12,250   - 1   = 0.0830

Then we calcualte the annual equivalent rate to the holding return:

(1+ r_e)^{8/12} = 1.0830

r_e = 1.0830^{12/8} -1

effective rate = 12.70 percent

4 0
3 years ago
In 500 words, describe how your family is conserving, reusing, and recycling resources. Also describe what more your family migh
____ [38]
We are recycling by turning off the lights.
Reusing by using outfits or jeans that aren’t dirty and don’t deserve to be in the washer.Conserving by going to school.What you can do is turn off other peoples lights when they forget to.
3 0
3 years ago
A merger where one company purchases another as a way to reduce competition, is an example of a type of market activity that gov
DIA [1.3K]

Answer:

B) antitrust laws

Explanation:

Antitrust laws refer to the laws with respect to the competition and it is established by the U.S government. The motive of this to secure the consumers from that business practices who are dealing in predatory and if this law does not exist then the consumers would not gain i.e from the competition arise in the market place

Therefore according to the given situation, when the government passes the law against so this reflect the antitrust laws

6 0
4 years ago
Blues Inc. manufactures jeans in the cutting and sewing process. Jeans are manufactured in 40-jean batch sizes. The cutting time
Radda [10]

Answer:

a. Value added time = Cutting time + Sewing time

Value added time = 5 minutes + 20 minutes

Value added time = 25 minutes

Non-value added time = Total within batch wait time + Move time

Non-value added time = [25 minutes * (40 - 1) + 2 minutes

Non-value added time = 977 minutes

Total lead time = Value added time + Non-value added time

Total lead time = 25 minutes + 977 minutes

Total lead time = 1,002 minutes

b. Value added ratio = Value added time / Total lead time

Value added ratio = 25 minutes / 1,002 minutes

Value added ratio = 0.02495

Value added ratio = 2.5%

8 0
3 years ago
An asset with a net book value of $1,225 was discarded, having no market value. How much will be recorded as a loss or gain on d
murzikaleks [220]

Answer:

(A) loss of $1,225

Explanation:

Net book value is the value at which an organization or company records an asset in its balance sheet. Net book value is the original cost of an asset, without adding the depreciation, depletion, amortization, that has been accrued at the period oof the asset's useful life. So if an asset with a net book value of $1,225 was discarded, having no market value, the same amount ($1,225) will be the value recorded as a loss by the company's accountant.

5 0
3 years ago
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