Money Includes

question 60

Multiple Choice

Money includes

• A) currency.
• B) checking deposits held by households and firms.
• C) deposits in the foreign exchange markets.
• D) currency and checking deposits held by households and firms.
• E) futures and deposits in the foreign exchange market.

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Definitions:

Net Fixed Assets

The value of a company's property, plant, and equipment minus any accumulated depreciation, representing long-term investments in the business.

Sales

The exchange of goods or services for money; also refers to the function or department within a business that handles this activity.

Times Interest Earned Ratio

A financial metric that measures a company's ability to meet its debt obligations based on its current income.

Operating Income

The profit realized from a business's operations, after deducting operating expenses like wages and cost of goods sold, but before interest and taxes.