A goldsmith has $2 million of gold in his vaults. He issues $5 million in gold receipts. His gold holdings are what fraction of the paper money (gold receipts) he has issued? LO33.1 a. 1/10. b. 1/5. c. 2/5. d. 5/5.

Mighty Leaf Tea Company and Bigelow Tea are restaurants and cafeterias, providing tea in attractive display options that these retail establishments then use to sell tea to their customers.

Anette used 136.12 inches of lace equally on 12 dresses. How much lace did she use on each dress?

Career fulfillment means

The sustainability of a competitive advantage depends upon the rate of obsolescence of the core competence, the availability of substitutes for the core competence, and the imitability of the core competenc e T/F

An excise tax of?$0.600.60 is levied on a product. as a result of the? tax, the market price of the product goes from?$3.003.00 to?$3.453.45. how much of the tax does the consumer? pay

You observe a portfolio for five years and determine that its average return is 12.5 % and the standard deviation of its returns in 19.5 %. Would a 30% loss next year be outside the 95% confidence interval for this portfolio?

Pronghorn Company's income statement for the year ended December 31, 2020, contained the following condensed information.

Why would firms that rely heavily on credit sales find factoring attractive?

Many cooks view butter and margarine to be substitutes. if the price of butter rises, then in the market for margarine:

Last year, Richmon Company produced 10,000 units and sold 6,000 units at a price of $20. Costs for the last year were as follows: Direct materials $30,000 Direct labor 38,000 Variable factory overhead 8,000 Fixed factory overhead 40,000 Variable