When We Measure and Record Economic Value,we Use Money as the

question 27

Multiple Choice

When we measure and record economic value,we use money as the

• A)liquid asset.
• B)medium of exchange.
• C)unit of account.
• D)store of value.

---

Definitions:

Dividend Yield

A financial ratio that indicates how much a company pays out in dividends each year relative to its stock price.

Return on Stockholders' Equity

A measure of the profitability of a corporation in terms of the equity held by its shareholders, indicating how efficiently a company uses its equity base to generate profit.

Net Income

The total profit of a company after all revenues and gains are added together and all expenses and losses are subtracted.

Interest Expense

The cost incurred by an entity for borrowed funds, which is typically charged as a percentage of the principal loan amount.