Which of the Following Is an Example of Money Functioning

question 70

Multiple Choice

Which of the following is an example of money functioning as a medium of exchange?

• A) Walmart accepting your $20 when buy a CD.
• B) You saving your spare change in a jar before depositing them in your savings account.
• C) Apple pricing an iPhone at $299.
• D) Bank of America paying you 3 percent on your saving account.

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Definitions:

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities. It represents ownership equity spread among shareholders.

Shares Outstanding

The total number of shares of a corporation that have been issued and are held by shareholders.

Total Dividends

The cumulative amount of dividends that a company pays out to its shareholders over a specific period.

Firm Value

The total worth of a company, determined by its assets, earnings potential, and market value of its shares, reflecting both tangible and intangible factors.