Answer:
d. are fiat money and gold coins are commodity money.
Explanation:
Fiat money is by definition the money whose value is imposed by the state (not real commodity in itself, just paper with state imposing its value) and is the international reference for trading, like the US dollar (or maybe euro or yen). Commodity money are actual commodities used as money, like gold (could be also silver)
Answer:
equipment value 21,100
depreciation per year under striaght-line method: $2,860
Explanation:
All incurred cost needed to leave the equipment ready for use must be capitalized:
We should incluide
cost 18,300 + 2,800 freight-in cost = 21,100
depreication per year: 2,860
Answer: Option C
Explanation: In a market system, the suppliers are willing to produce those goods that have value to the consumers directly or indirectly. The focus is on maximizing output for achieving the economies of scale so that goods could be sold at a lower price, thus, increasing the sales.
Hence,the suppliers in case of market system use more of capital goods as they produce more output and relatively shortens the cost per piece.
Thus, the correct option is C.
Recycling materials lead to spending less money on reclamation because re-cycled materials are usually much more cheaper than raw materials.
Answer: Po = Do(1+g)/Ke-g
Po = $3.10(1-0.109)/0.13 - (-0.109)
Po = $3.10(0.891)/0.13+0.109
Po = $3.10(0.891)/0.239
Po = $11.56
Explanation: The current market price of the stock equals the current dividend paid multiplied by 1+g divided by the excess of cost of equity over growth rate. The growth rate is negative in this case, thus, the growth rate would be deducted from 1. Moreso, the growth rate will be added to cost of equity since it is negative. Thus, the amount that the investor will be willing to pay is $11.56.
