When you compare the prices of two different pairs of shoes, money is a

Medium of exchange

Store of value

Unit of account

Which one is not considered as a major barrier to change and strategy implementation in hospitality organizations?

You have $6,600 to deposit. Regency Bank offers 12 percent per year compounded monthly (1.0 percent per month), while King Bank offers 12 percent but will only compound annually. How much will your investment be worth in 17 years at each bank

A monopolistically competitive markets: a. usually has too many firms, reducing the economic profit of each firm to zero. b. usually has too few firms, reducing the product variety for consumers. c.

The gasoline tax: a. can be viewed as a corrective tax aimed at multiple negative externalities associated with driving. b. produces the unfortunate side-effect of making the roads more dangerous. c.

Henderson's is an all-equity firm that has 135,000 shares of stock outstanding. Neal, the financial vice-president, is considering borrowing $220,000 at 7.25 percent interest to repurchase 20,000 shares.

On November 1, 2018, Aviation Training Corp. borrows $49,000 cash from Community Savings and Loan. Aviation Training signs a three-month, 6% note payable. Interest is payable at maturity. Aviation's year-end is December 31. Required: 1., 2. & 3.

A stock's price is simply the current market price, and it is easily observed for publicly traded companies.

Why is important to have a personal financial so important

Cruz Company uses LIFO for inventory costing and reports the following financial data. It also recomputed the inventory and cost of goods sold using FIFO for comparison purposes.

Another benefit of planning ahead for the specific degree you want is A - the opportunity for college scholarships B - less free time to devote to other activities C - frequent searches online to find sources D - additional cost to the parents for