I’m like a 10/10 because I’m just swag u know?
Answer: Cash is King; it is the only thing you can spend or invest
Explanation:
Finance is all about cash. Its all about getting cash from those who have it to those who need it so that the latter can invest and earn returns for both them and the people who invested the cash.
Simply put therefore, cash is king in finance. It is the only thing that can be invested so that one gets a return or can be spent so that one's needs are fulfilled. Indeed the term finance means the provision of cash which is why the field is so important. It is safe to say that there can be no economic growth without finance.
Health benefits are an example of interest income.
The interaction of demand and supply in product and resource markets generates prices that serve to allocate items to their highest valued alternatives. Factors that interfere with the workings of a competitive market result in an inefficient allocation of resources, causing a reduction in society's overall well-being.
It is a <u>false statement</u>.
<u>Explanation</u>:
A contribution is recognized at its fair market value considering the time period the contribution is received or unconditionally given. The timing or value of the recognition will not be affected by donor-imposed restrictions.
Contribution revenue is the amount available for contribution after the direct cost that is subtracted from expenses. The balance amount is available to pay for the business during a reporting period.
In the above scenario, the contribution is received for the purchase of playground equipment.
