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Damm [24]
2 years ago
12

The cash used to make change when customers pay for their purchases in cash is an example of the _____ motive for holding cash.

Business
1 answer:
PIT_PIT [208]2 years ago
8 0

It should be noted that the cash that's used to make purchases as illustrated is the transactionary motive of holding money.

A financial transaction simply means an agreement that takes place between the buyer and the seller. It is the exchange of goods or services.

The transactionary motive of holding money simply means holding money in order to meet daily financial needs such as buying goods.

Read more about cash on:

brainly.com/question/25772299

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In unregulated monopoly: a consumers are confronted with a price that is lower than marginal cost. b consumers are confronted wi
dsp73

Answer:

c. because P > MC, a basic condition for efficiency is violated.

Explanation:

An unregulated monopoly is a market in which monopoly holders have control over goods and services, giving them the ability to do whatever they like. Under unregulated monopoly, having a free market is impossible as price gouging is always evident.

In unregulated monopoly a basic condition for efficiency is violated because price is greater than marginal cost (P > MC).

Where P is the price and MC is the marginal cost of goods.

3 0
3 years ago
At September 1, 2022, Coronado Industries reported Retained Earnings of $397620. During the month, Coronado generated revenues o
Angelina_Jolie [31]

Answer:

Closing retained earning is $414,540

Explanation:

The Retained Earnings figure can be calculated using the following equation:

Closing Retained Earnings = Opening Retained Earnings + (Sales - Expenses - Dividends)

Here

Opening balance of Retained Earning is $397,620

Revenues is $56,400

Expenses are $33,840

Dividends paid are $5,640

The purchased equipment is not considered here because it is increase in asset not an increase or decrease in revenue or expenses. So it is not considered here.

So by putting values, we have:

Closing Retained Earnings = $397,620 + ($56,400 - $33,840 - $5,640)

Closing Retained Earnings = $414,540

8 0
3 years ago
Your customer, age 68, that has an IRA account at your firm valued at $500,000, passes away. The customer leaves the account to
schepotkina [342]

Answer:

He should roll the funds over into a new IRA in the spouse's name

Explanation:

Since the son is expects to retire in 22 years, in which at that time he will be in need of the funds to pay for his or his Family annual living expenses the best advice I would give the son is for him to roll all the funds over into a new IRA in the name of spouse's because the IRA Account which is fully known as INDIVIDUAL RETIREMENT ACCOUNT is an individual retirement plan that can help to provides all tax the advantages that an individual needs for their retirement savings.

5 0
3 years ago
What refers to analysis of environmental impacts of products from the design stage through​ end-of-life?
statuscvo [17]

Answer:

Life cycle assessment

Explanation:

Life cycle assessment is a technique that is used to analyse the environmental impacts of products from the design stage through end life. This assessment technique helps to examine the environmental impacts of products throughout their lives. It consists of 5 stages of material extraction, manufacturing, packaging and transportation, use and end of life. This analysis is carefully designed to effectively estimate the environmental impacts.

8 0
3 years ago
I'm leaving this app forever there points​
jasenka [17]

Answer:

Noooooooooooooooooooooooooooo Plzzzzzzzzzzzzzzzz don't leave this app Plzzzzzzzzzzzzzzzz

8 0
3 years ago
Read 2 more answers
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