When people use money by trading it for goods and services, money is serving the role of a
A. medium of exchange.
B. unit of account.
C. store of value.
D. standard of deferred payment.
Answer: A
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At December 31 . 2013 . Morrison Company had 700 shares of common stock outstanding. On September 1 . 2014, an additional 300 shares of common stock were issued. In addition, Morrison had $20,000 of 8 percent convertible bonds outstanding at December 31 . 2013 . which are convertible into 400 shares of common stock. No bonds were converted into common stock in 2014 . Net income for the year ended
December 31,2014, was $6,000 . Assuming an income tax rate of 50 percent what would be the company's diluted earnings per share for the year ended December 31 . 2014? a. $7.50 b. $5.67 c. $5.00 d. $4.33
How are hedging gains and losses treated?
For these cultures the surname is placed before the given name:
a. Russian and Polish b. Japanese and Chinese c. Chinese and Indian d. Russian and Japanese
What is the difference between a feasible solution and an optimal solution?
What will be an ideal response?