If you are out shopping for clothes and books, what is easiest and most convenient for you
Question:
If you are out shopping for clothes and books, what is easiest and most convenient for you to spend: M1 or M2? Explain your answer.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (4 reviews)
The currency and checks in M1 are easiest to spend It is harder to spend M2 directly alt...View the full answer
Answered By
Diksha Bhasin
I have been taking online teaching classes from past 5 years, i.e.2013-2019 for students from classes 1st-10th. I also take online and home tuitions for classes 11th and 12th for subjects – Business Studies and Economics from past 3 years, i.e. from 2016-2019. I am eligible for tutoring Commerce graduates and post graduates. I am a responsible for staying in contact with my students and maintaining a high passing rate.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
1. How strong are the competitive forces confronting J. Crew in the market for specialty retail? Do a [Michael Porter] five-forces analysis to support your answer. (see chapter 3 in the textfor...
-
You have completed your first meeting with Harper and Riley Evans. You are confident that you now have most of the information you will need to prepare a comprehensive financial plan for them. Beyond...
-
Write a recursive program to draw plasma clouds, using the method suggested in the text.
-
Do you think U.S. private companies will embrace IFRS for SMEs? Why or why not?
-
Sources of technological progress: Leaders versus followers a. Where does technological progress come from for the economic leaders of the world? b. Do developing countries have other alternatives to...
-
According to the Supreme Court decision in Quill Corp. v. North Dakota, a state may not require a retailer with no physical presence in the state to collect and remit sales tax on sales made in the...
-
CASH DIVIDENDS AND INCOME TAXES During the year ended December 31, 20-2, Bebeto Company completed the following selected transactions: Apr. 15 Estimated that its 20-2 income tax will be $30,000....
-
4. Consider the tables of values for the two functions shown. x y = f(x) -2 5 y = g(x) -2 -1 6 -1 0 8 1 1 7 0 2 9 2 Complete the table of values for the composite function y = f(g(x)). - x y =...
-
For the following list of items, indicate if they are in M1, M2, or neither: a. Your $5,000 line of credit on your Bank of America card b. $50 dollars worth of travelers checks you have not used yet...
-
Can you name some item that is a store of value, but does not serve the other functions of money?
-
Rowand Company hires an accounting intern who says that intangible assets should always be amortized over their legal lives. Is the intern correct? Explain.
-
US COMPANY (Business in Europe) BOND INFORMATION Construction Note - Face Value ()= Euro-denominated Fixed Rate= Years (Term) = 200.00 million (Euros) 7.00% 4 years SWAP INFORMATION Spot Exchange...
-
Indicate the date when the tax, if any, is payable to the Income Tax Department. What is the tax position on a wife's income?
-
Evaluate the line integrals: y dx+(x + y)dy, where C is the ellipse 4x + 9y = 26 traveled counterclockwise. (a) Ly (b) (e", re + e, ye). dr, where C' is the line segment from (0,2,0) to (4,0, 3).
-
Golden Edge is planning to create a sales budget for the business operation for the following year, see the data below: Assumption The company is expecting to have on its first quarter of 400 units,...
-
What are the six steps of executing a procedure?
-
If an agency makes a loan at a below-market rate, what would be the nature of any expense recognized at the time of the loan? If it guaranteed a loan made by others, what would be the nature of any...
-
Find a least expensive route, in monthly lease charges, between the pairs of computer centers in Exercise 11 using the lease charges given in Figure 2. a) Boston and Los Angeles b) New York and San...
-
How and why do managers evaluate the effectiveness of strategic plans?
-
What managerial skills and actions are included in the planning process?
-
How and why do managers plan? Why are goals important in the planning process?
-
Milltown Medical Milltown Medical is a pop-up medical supplies company formed recently to source scarce medical supplies such as face masks, gloves, gowns, etc. and re-sell them to hospitals,...
-
Determine the revenues, expenses, and net income of Milbank Repairs & service after the adjusting entries. Instructions Milbank Repairs & Service UNADJUSTED TRIAL BALANCE June 30, 20Y4 ACCOUNT TITLE...
-
Kimpler Company purchased $ 2 0 0 , 0 0 0 of the 6 % , 1 0 - year bonds of Banks Corporation for $ 1 8 5 , 7 8 8 on 5/2/2 3 , which provides a 7 % return on semi - annual interest payments made every...
Study smarter with the SolutionInn App