The purpose of money is that it is a store of value, unit of account and a medium of exchange.
Money is a store of value because it holds a value to pay for something else. Money is used to purchase items you want and depending on how much money you have it creates a value that is enough to purchase something else. Money is also a unit of account because it holds a numeric value that is important to the holder and the organizations so that people can spend their items on things they want/need. Money is also a medium of exchange because it is used as an exchange for a good or service that the consumer wants.
Answer:
$30,300
Explanation:
cost of goods sold = opening inventory + cost of goods manufactured - closing inventory
= $15,100 + $33,500 - $18,300
= $30,300
The cost of goods sold for this company is $30,300
Answer:
It will be between $1.00 and $ 1,20
Explanation:
Solution
Given:
From the given question, the price of a flax seed in west Virginia is presently at $1.00
From the law of one price states that since the price of a pound of flax seed is $1.20 in Kentucky,
Then,
The price of a flax seed pound will be between 1.20 and 1.00
Therefore, the price of the flax seed in Kentucky as compared to that of west Virginia will be placed in between prices of $1.20 and $1.00 after the supply by sellers in both market has been adjusted or raised.
Answer: (C) Expert
Explanation:
The expert power is basically based on the power of an employee where the employers in an organization contain the knowledge and they are specialized in their skills.
The power an expert has the great asset in which the managers are able to handle leadership quality and manage all the work among their team.
The expert power is one of the most important power as compared to the reward power as it lead the employees more effectively and encourage them to perform tasks.
Therefore, Option (C) is correct.
It will 19.5 years.
Tuition=$125,000
Interest rate= 5%
5% of $125,000 = $6,250
$125,000 + $6,250 = $131,250
$131,250/$562(monthly payment) = 233.540925
233.540925/12(months in a year) = 19.4617438
round up and it 19.5 years
