subject
Business, 21.01.2020 01:31 alexlee202204

1. the roles of money
jake wants to purchase a new computer and go to the caribbean for spring break. the computer is priced at $1,299, and the vacation is priced at $800. he has only $1,574 in his checking account, so he cannot afford to purchase both. after much thought, jake buys the computer and writes a check for $1,299.
identify what role money plays in each of the following parts of the story.
hint: select each role only once.
role of money
medium of exchange
unit of account
store of value
jake can easily determine that the price of the computer is more than the price of the vacation.
jake has $1,574 in his checking account.
jake writes a check for $1,299.

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 07:50, sis212
Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?
Answers: 1
image
Business, 22.06.2019 18:30, saneayahsimmons
What historical context does wiesel convey using the allusion of a fiery sky? he compares the sky to hell. the fires from air raids during world war ii the cremation of jews in the concentration camps the outbreak of forest fires from bombs in world war ii
Answers: 1
image
Business, 22.06.2019 20:00, lusa0720
Edna gomez is the founder of the restaurant chain good and green. she ensures that the products in her stores are ethically and responsibly sourced. most products are therefore 100 percent organic and all packaging is manufactured from recycled material. also, her company sources ingredients from farms within 100 miles from her locations. edna's belief is that her restaurants should be able to support the community at large. which of the following terms best describes edna gomez? a. headhunter b. category captain c. social entrepreneur d. trade creditor
Answers: 3
image
Business, 22.06.2019 23:00, infoneetusinghoyg22o
To increase sales, robert sends out a newsletter to his customers each month, letting them know about new products and ways in which to use them. in order to protect his customers' privacy, he uses this field when addressing his e-mail. attach bcc forward to
Answers: 2
You know the right answer?
1. the roles of money
jake wants to purchase a new computer and go to the caribbean for spring...

Questions in other subjects:

Konu
Mathematics, 04.03.2021 21:20
Konu
Chemistry, 04.03.2021 21:20