subject
Business, 31.10.2019 06:31 rndbwls5760

The roles of money lorenzo wants to purchase a new computer and go to the caribbean for spring break. the computer is priced at $1,099, and the vacation is priced at $800. he has only $1,424 in his checking account, so he cannot afford to purchase both. after much thought, lorenzo buys the computer and writes a check for $1,099. 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 lorenzo can easily determine that the price of the computer is more than the price of the vacation. lorenzo has $1,424 in his checking account. lorenzo writes a check for $1,099.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 06:20
At a small store, a customer enters the front door on average every 8 minutes. a prior study indicated that the time between customers entering the front door during weekdays follows an exponential distribution. what is the probability that the time between customers entering the store on a weekday will be less than or equal to 7? select one: a. 62 b. 43 c. 1/8 d. 7/8 e. 58
Answers: 1
question
Business, 22.06.2019 16:40
An electronics store is running a promotion where for every video game purchased, the customer receives a coupon upon checkout to purchase a second game at a 50% discount. the coupons expire in one year. the store normally recognized a gross profit margin of 40% of the selling price on video games. how would the store account for a purchase using the discount coupon?
Answers: 3
question
Business, 22.06.2019 17:20
Andy owns islander surfboard inc. in the past, andy has always given his employees bonuses during the holidays if they reached certain sales goals. this year, even though the company is thriving, he decided to cut bonuses from employees and award them to himself instead. what ethical theory of leadership is andy following?
Answers: 1
question
Business, 22.06.2019 22:30
Rahm's credit card issuer calculates interest based on the outstanding balance at the end of the last billing period. what is this method of calculating interest on a credit card called?
Answers: 2
You know the right answer?
The roles of money lorenzo wants to purchase a new computer and go to the caribbean for spring break...
Questions
question
Mathematics, 17.10.2020 04:01
Questions on the website: 13722363