subject
Business, 05.10.2019 04:50 sabinaschaaf10

According to economic theory, a true currency must be capable of serving as a unit of account, a medium of exchange , and a store of value. does bitcoin fulfill these criteria?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 14:30
If tracking employees through technology is not illegal, why should megan be concerned if she is not involved in any misconduct?
Answers: 1
question
Business, 21.06.2019 21:30
The following balance sheet for the los gatos corporation was prepared by a recently hired accountant. in reviewing the statement you notice several errors. los gatos corporation balance sheet at december 31, 2018 assets cash $ 44,000 accounts receivable 86,000 inventories 57,000 machinery (net) 122,000 franchise (net) 32,000 total assets $ 341,000 liabilities and shareholders' equity accounts payable $ 54,000 allowance for uncollectible accounts 7,000 note payable 59,000 bonds payable 112,000 shareholders' equity 109,000 total liabilities and shareholders' equity $ 341,000 additional information: cash includes a $22,000 restricted amount to be used for repayment of the bonds payable in 2022. the cost of the machinery is $194,000. accounts receivable includes a $22,000 note receivable from a customer due in 2021. the note payable includes accrued interest of $7,000. principal and interest are both due on february 1, 2019. the company began operations in 2013. income less dividends since inception of the company totals $37,000. 52,000 shares of no par common stock were issued in 2013. 200,000 shares are authorized. required: prepare a corrected, classified balance sheet. (amounts to be deducted should be indicated by a minus sign.)
Answers: 2
question
Business, 22.06.2019 03:30
When the federal reserve buys and sells bonds to member banks, it is called a. monetary policy b. reserve ratio c. interest rate adjustment d. open market operations
Answers: 2
question
Business, 22.06.2019 04:00
Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhead rate that relies on direct labor-hours as the allocation base. all of the company's manufacturing overhead costs are fixed—it does not incur any variable manufacturing overhead costs. the predetermined overhead rate is based on a cost formula that estimated $2,886,000 of fixed manufacturing overhead for an estimated allocation base of 288,600 direct labor-hours. wallis does not maintain any beginning or ending work in process inventory.
Answers: 2
You know the right answer?
According to economic theory, a true currency must be capable of serving as a unit of account, a med...
Questions
question
Computers and Technology, 22.08.2021 17:30
question
English, 22.08.2021 17:30
question
Mathematics, 22.08.2021 17:30
question
Business, 22.08.2021 17:30
question
Mathematics, 22.08.2021 17:30
question
Chemistry, 22.08.2021 17:30
question
History, 22.08.2021 17:30
question
Mathematics, 22.08.2021 17:30
question
Mathematics, 22.08.2021 17:30
Questions on the website: 13722360