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viktelen [127]
2 years ago
5

If you place a part of your summer earnings in a savings account, you are using money primarily as a

Business
1 answer:
Flauer [41]2 years ago
6 0

You are using money primarily as a : Store of value

Money as a store of value is something that maintains its worth both in the present and in the future, with money being one such commodity in modern.

When money is a store of value, it means that it is capable of being held such that it can increase our wealth and net worth. This is why it can be saved and used as a means of capital.

Other characteristics of money includes :

  • Medium of exchange
  • Unit of account
  • Standard of value

Hence, you are using money primarily as a store of value if you place a part of your summer earnings in a savings account.

Learn more about functions of money here : brainly.com/question/25959268

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During each of the next three years, Silver reported net income of $30,000 and paid dividends of $10,000. On January 1, 20X9, Pl
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Answer:

$255,000

Explanation:

If a company acquires shares of another company the investment amount is shown in the balance sheet of the acquirer. When Plate acquired shares of Silver, it reported the investment of $225,000. The Silver reports a profit of $30,000 on January 2019. The amount reflected in the balance sheet of Plate will be $255,000. This is the sum of investment plus the profit reported by the Silver.

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3 years ago
SportLife Drinks, a multinational soft drink brand, has been facing huge economic losses due to unpredictable exchange rate move
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Answer:

C. Disperse production to different locations around the globe.

Explanation:

By dispersing production to different countries, Sportlife drinks will accumulate its income in different currencies.

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This will protect sport life drinks from the damage that might caused by currency fluctuation.

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3 years ago
FLASH Delivery has EPS of $6.00 per share and has a payout ratio of 40%. Its dividend is expected to grow at a rate of 5.25%. If
beks73 [17]

Answer:

The answer is "Option c"

Explanation:

The Dividend payout ratio is 40% so that EPS* is the dividend payout ratio of the company:

= 6 \times 40 \% \\\\= \$ \ 2.40

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g= growth = 5.25\% = \frac{5.25}{100} = 0.0525

\to 22.86 = \frac{(2.4 \times (1+g))}{ r-0.0525}\\\\\to 22.86 = \frac{(2.4 \times (1+0.0525))}{r-0.0525}\\\\\to (22.86 \times r)-(22.86 \times 0.0525)=2.526\\\\\to (22.86  \times r)-1.20015=2.526\\\\\to 22.86r=3.72615\\\\\to r=0.1630\\\\\to r=16.30 \%

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3 years ago
Sponsorship is an effective marketing strategy, particularly for sporting goods and recreational equipment.
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Answer:true

Explanation: just took the test

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Can i call the post office to check on a package
Greeley [361]
Yes, you can call the post office to check on a package
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