a. It is heavy for the space it takes up, and will maximize the weight allowed when the trailer is not very full by volume
b. The truckload shipment will be very heavy, and you will have to pay more
c. It will move slowly because it is heavy
d. All of the above
e. Only a and c
answer:
d. All of the above
Explanation:
given the answer options above to this question, at a particular freight volume, only a particular weight can be allowed. for option a,A high product density and a truck whose volume is not full might cause a problem because the product is going to be more than the required weight for that volume. At a given weight, a particular amount is charged. for option b, More weight means more payment will be required to be made. Since the weight will be more then the payment to be made will be more. Option c is easily understandable. Hence, the options a,b,c are correct. Therefore correct answer is d which is All of the above.
Menard quit his high school teaching job, which paid $60,000 per year, to start a business that prepares students for the SAT exam. His first year in business generated the following revenues and costs: Menard's economic cost of SAT preparation is $____. 20,000 15,000 105,000 100,000
Answer: $105,000
Explanation:
Maynard's economic cost is the sum of both his implicit and explicit costs.
Explicit costs are the normal accounting costs of running a business which in this case are supplies and employee salaries.
Implicit costs are the opportunity costs which means that this is the benefit foregone from another alternative for the current decision one has made. In this case that would be the $60,000 Menard could have been making from his high school teaching job had he not quit to prepare students for the SATs.
Economic costs;
= Explicit + Implicit costs
= 30,000 + 15,000 + 60,000
= $105,000
The internal rate of return method is not subject to the limitations of the net present value method when comparing projects with different amounts invested because:_____.
A. The internal rate of return is expressed as a percent rather than the absolute dollar value of present value.
B. The internal rate of return is expressed as an absolute dollar value rather than the percent of net present value.
C. The internal rate of return reflects the time value of money rather than the absolute dollar value of present value.
D. The internal rate of return is expressed as an absolute dollar value rather than the time value of money used in net present value.
E. The internal rate of return is expressed as a percent rather than the accrual income method used in net present value.
Answer: A. The internal rate of return is expressed as a percent rather than the absolute dollar value of present value.
Explanation:
The internal rate of return is used in calculating the rate of return for the investment of a company. During the calculation, external factors like cost of capital, inflation, risk free rate are all excluded.
The internal rate of return method is not subject to the limitations of the net present value method when comparing projects with different amounts invested because it's expressed as a percent rather than the absolute dollar value of present value..
A person who offers a bribe to secure a contract that will keep her company from going bankrupt and laying off hundreds of employees may be a(n)
Answer:
utilitarian
Explanation:
Utilitarian ethics or utilitarianism is a type of moral ethic code that judges actions only based on the final results. In this case, only the outcome matters, the road used to get there doesn't.
Personally, I do not share this philosophy because a person who needs a transplant could just get out and kill someone else just to get some organ. The final outcome is that they live, which is great for them, but they did something bad to reach that outcome.
Suppose the demand function for good X is given by: Q_dx = 15-0 5P_x - 0.8 P y where Q_dx is the quantity demanded of good X, P_x is the price of good X, and P_y is the price of good Y, which is related to good X. a. Using the midpoint method, if the price of good Y is $10 and the price of good X decreases from $5 to $3, what is the price elasticity of demand for good X? Is the demand elastic, unitary elastic, or inelastic? b. Good X and Good Y are related as c. Using the midpoint method, if the price of good X is $10 and the price of good increases from $8 to $10, the cross price elasticity of demand is about
Answer:
a. Price elasticity of demand for good X is -0.80; and the demand is inelastic.
b. Good X and Good Y are related as complements.
c. The cross price elasticity of demand is about -2.57%.
Explanation:
Note: There is an error in the demand function for good X. This is therefore corrected by restating the function as follows:
Q_dx = 15 - 0.5P_x - 0.8 P_y …………………………… (1)
a. Using the midpoint method, if the price of good Y is $10 and the price of good X decreases from $5 to $3, what is the price elasticity of demand for good X? Is the demand elastic, unitary elastic, or inelastic?
From the question and equation (1), we have:
Old price of good X = Old P_x = $5
New price of good X = New P_x = $3
New quantity demanded of good X = New Q_dx = 15 - (0.5 * 3) - (0.8 * 10) = 5.50
Old quantity demanded of good X = New Q_dx = 15 - (0.5 * 5) - (0.8 * 10) = 4.50
Ordinarily, the formula for calculating the price elasticity of demand is as follows:
Price elasticity of demand = Percentage change in quantity demanded of good X / Percentage change in price of good X ................ (1)
Where, based on the midpoint formula, we have:
Percentage change in quantity demanded of good X = {(New quantity demanded of good X - Old
quantity demanded of good X) / [(New quantity demanded of good X + Old quantity demanded of good X) / 2]} * 100 = {(5.50 - 4.50) / [(5.50 + 4.50) / 2]} * 100 = 20%
Percentage change in price = {(New price of good X - Old price of good X) / [(New price of good X + Old Price of good X) / 2]} * 100 = {(3 - 5) / [(3 + 5) / 2]} * 100 = -25%
Substituting the values into equation (1), we have:
Price elasticity of demand for good X = 20% / -25% = -0.80
Therefore, the price elasticity of demand (based on the midpoint formula) when price decreases from $5 to $3 is -0.80.
Since the absolute value of the price elasticity of demand for good X i.e. |-0.80| is less than one, the demand is inelastic.
b. Good X and Good Y are related as
From equation (1) above, the coefficient P_Y is -0.80 which shows that it has a negative sign.
The negative sign indicates Good X and Good Y are related as complements. This implies that as price of Good Y falls, the quantity demand of Good X increases.
c. Using the midpoint method, if the price of good X is $10 and the price of good Y increases from $8 to $10, the cross price elasticity of demand is about
From the question and equation (1), we have:
Old price of good Y = Old P_y = $8
New price of good Y = New P_y = $10
New quantity demanded of good X = New Q_dx = 15 - (0.5 * 10) - (0.8 * 10) = 2
Old quantity demanded of good X = New Q_dx = 15 - (0.5 * 10) - (0.8 * 8) = 3.60
Ordinarily, the formula for calculating the cross price elasticity of demand is as follows:
Cross price elasticity of demand of goods X and Y = Percentage change in quantity demanded of good X / Percentage change in price of good Y ................ (2)
Where, based on the midpoint formula, we have:
Percentage change in quantity demanded of good X = {(New quantity demanded of good X - Old
quantity demanded of good X) / [(New quantity demanded of good X + Old quantity demanded of good X) / 2]} * 100 = {(2 - 3.60) / [(2 + 3.60) / 2]} * 100 = -57.1428571428572
Percentage change in price of good Y = {(New price of good Y - Old price of good Y) / [(New price of good Y + Old Price of good Y) / 2]} * 100 = {(10 - 8) / [(10 + 8) / 2]} * 100 = 22.2222222222222
Substituting the values into equation (2), we have:
Cross price elasticity of demand of good X and Y = -57.1428571428572 / 22.2222222222222 = -2.57142857142857
Rounding to 2 decimal places, we have:
Cross price elasticity of demand of good X and Y = -2.57
Therefore, the cross price elasticity of demand is about -2.57%.
Note: This confirms that the relationship between Good X and Good Y is complement because the cross-price elasticity between them is negative. That is, an increase in the price of Good Y makes consumer to buy less of Good X which is a complement.
05. In identifying risks to then manage and control, as the portfolio
manager you are consulting organizational process assets such as:
ix company issued 16,000 shares of $10 par value common stock at a market price of $21. as a result of this accounting event, the amount of stockholders equity would
Answer:
increase by $336,000.
Explanation:
Options are "1. increase by $176,000. 2. increase by $336,000. 3. increase by $160,000. 4. be unaffected."
Common stock will increase by $160,000, the par value, and paid-in capital in excess of par value will increase by $176,000, for a total increase in stockholders' equity of $336,000.
Gaber Land Corp. is evaluating a 4-acre (front 2-acre and back 2-acre) waterfront property for development. Gaber is considering a design that includes a 32-unit building on each lot. Determine the total initial cost using the per unit model
Complete Question:
Gaber Land Corp. is evaluating a 4-acre waterfront property for development into rental condominiums. The front 2-acre lot is more expensive to purchase than the rear 2-acre lot, and condo leases closer to the waterfront can be more expensive than those units in the rear. Gaber is considering a design that includes a 32-unit building on each lot.
Data includes the following:
Initial Costs
Lot purchase prices: $400,000/acre front lot, $100,000/acre back lot Legal fees, applications, permits, etc.: $80,000
Site clearing and preparation: $3000/acre
Paving roadways, parking, curbs, and sidewalks: 25% of total lot at $40,000/acre.
Construction costs: $3,000,000 per building
Recurring Costs
Taxes and insurance: $5000/month per building
Landscaping: 25% of lot at S1000/acre/month
Security: $1000 building for $1500/month
Other costs: $2000/month
Revenue (assume 90% annual occupancy)
Front lot units: $2500/unit/month
Rear lot units: $1750/unit/month
Other revenue: $5000/month
Answer the following: (1) Use the concept of the per-unit model to estimate the total initial cost. annual cost, and annual revenue of this prospective project, and (2) If you made the simplifying assumption of no changes to costs and revenues for 10 years, estimate the profitability of this prospective investment ignoring the effects of money's value over time.
Answer:
Gaber Land Corp.
1a. Total Initial cost: $193,252,000
1b. Annual cost: $5,064,000
1c. Annual revenue: $5,935,200
2. Profitability of Project for 10 years:
Total Revenue $5,935,200 x 10 years = $59,352,000
Total costs $5,064,000 x 10 years = (50,640,000)
Profitability $8,712,000
The profitability totalling $8,712,000 for ten years will be reduced by the allocated cost of building for the same period in order to determine the net income.
Explanation:
a) Data and Calculations:
Initial costs:
Lot purchase prices:
Front lot, $400,000/acre x 2 = $800,000
Back lot $100,000/acre x 2 = 200,000
Legal fees, applications, permits, etc. 80,000
Site clearing & preparation: $3000/acre 12,000 ($3,000 * 4)
Paving roadways, parking, curbs, and sidewalks:
25% of total lot at $40,000/acre. 160,000
Construction costs:
$3,000,000 per building 192,000,000
Total initial costs $193,252,000
Annual costs:
Taxes and insurance: $5000/month per building $3,840,000
Landscaping: 25% of lot at S1000/acre/month 48,000
Security: $1000 building for $1500/month 1,152,000
Other costs: $2000/month 24,000
Total annual costs $5,064,000
Revenue (assume 90% annual occupancy)
Front lot units:
$2500/unit/month (32 * 4 * 2,500 * 90% * 12) = $3,456,000
Rear lot units:
$1750/unit/month (32 * 4* 1,750 * 90% * 12) = 2,419,200
Other revenue: $5000/month ($5,000 * 12) = 60,000
Total annual revenue = $5,935,200
Professional Properties is considering remodeling the office building it leases to Heartland Insurance. The remodeling costs are estimated at $3.4 million. If the building is remodeled, Heartland Insurance has agreed to pay an additional $820,000 a year in rent for the next 5 years. The discount rate is 15 percent. What is the benefit of the remodeling project to Professional Properties? A) -$651,233 B) -$489,072 C) $5,214 D) $128,399 E) $311,417
Answer:
A) -$651,233
Explanation:
The computation of the benefit generated of the remodelling project is shown below:
If we considered the discounted rate i.e. 15% for 5 years of $820,000 so its present value would be $2,748,767 ($820,000 × 3.3521)
And, the predicted cost is $3,400,000
So here the cost is there instead of the benefit of
= $2,748,767 - $3,400,000
= -$651,233
Hence, the correct option is A
If the balance in the account 7 months after the final deposit is $8, 000, how large is each deposit?
Answer:
the first part of the question is missing:
Suppose that you make a sequence of 31 equal monthly deposits into an account paying a nominal rate of 6.7% convertible quarterly.
we need to determine the present value of the $8,000 at the moment that you stop making the monthly payments.
the effective annual interest rate = (1 + 6.7%/4)⁴ - 1 = 6.87%
the effective monthly interest rate = (1 + 6.87%)¹/¹² - 1 = 0.55523%
the value at the moment that you finish making the deposits = $8,000 / (1 + 0.0055523)⁷ = $7,695.86
now we can calculate the monthly payments using the future value of an annuity formula:
future value = monthly payment x FV annuity factor
monthly payment = future value / FV annuity factor
future value = $7,695.86FV annuity factor, 31 periods, 0.55523% = 33.72594monthly payment = $7,695.86 / 33.72594 = $228.19
benefits are offered by employers to attract good employees
Answer:
its true :))
Explanation:
Answer:
true
Explanation:
edg 2021
Suppose that 2 years after the issue date (as in Part a) interest rates fell to 8%. Suppose further that the interest rate remained at 8% for the next 8 years. What would happen to the price of the bonds over time
Answer:
the first part of the question is missing, so I looked fro a similar one:
Suppose Hillard Manufacturing sold an issue of bonds with a 10-year maturity, a $1,000 par value, a 10% coupon rate, and semiannual interest payments.
the market price of the bond after 2 years:
PV of face value = $1,000 / (1 + 4%)¹⁶ = $533.91
PV of coupon payment = $50 x 11.652 (PV annuity factor, 4%, 16 periods) = $582.60
market price = $1,116.51
the market price of the bond after 5 years:
PV of face value = $1,000 / (1 + 4%)⁶ = $790.31
PV of coupon payment = $50 x 5.2421 (PV annuity factor, 4%, 6 periods) = $262.11
market price = $1,052.42
the market price of the bond after 7 years:
PV of face value = $1,000 / (1 + 4%)² = $924.56
PV of coupon payment = $50 x 1.8861 (PV annuity factor, 4%, 2 periods) = $94.31
market price = $1,018.87
One of the indirect costs of bankruptcy is the effect that a potential bankruptcy has on the firm's decisions. The general result is that:A. the firm will select only all-equity financed projects.B. stockholders expropriate value from bondholders by selecting high-risk projects.C. the firm will always select the lowest-risk project available.D. bondholders expropriate value from stockholders by selecting high-risk projects.E. the firm will rank all projects and select the project which results in the highest expected firm value.
Answer: B. stockholders expropriate value from bondholders by selecting high-risk projects.
Explanation:
Bankruptcy simply means when an individual or business cannot pay back the funds that is owed to the creditor. When bankruptcy is declared by a particular business, the assets for the business are used in paying back the debt.
One of the indirect costs of bankruptcy is the effect that a potential bankruptcy has on the firm's decisions. The general result is that stockholders expropriate value from bondholders by selecting high-risk projects.
Therefore, option B is the answer.
Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $37,500; net cash used in investing activities was $13,800 and net cash used in financing activities was $17,700. If the beginning cash balance is $6,900, what is the ending cash balance?
a) $75,900.
b) $62,100.
c) $40,500.
d) $6,000.
$12,900.
Answer:
e. $12,900
Explanation:
Given that:
Net Cash provided by operating activities = $37,500
Net Cash used in investing activities = $13,800
Net Cash used in financing activities = $17,700
Beginning cash balance = $6,900
Stormer company's ending balance would be;
= Beginning cash balance + Net cash provided by operating activities - Net cash used in financing activities - Net cash used in investing activities
= $6,900 + $37,500 - $17,700 - $13,800
= $12,900
How much will net operating income increase (decrease) per month if the monthly advertising budget increases by $8,700 and monthly sales increase by $19,800
The year-end financial statements of Rally Company for the current year, report total revenues of $19,829 million, accounts receivable of $1,272 million at the current year-end, and $1,19 million for the prior year-end. The company's accounts receivable turnover for the year is:_______.
a. 18.3 times.
b. 18.9 times.
c. 19.5 times.
d. 20.0 times.
e. none of these are correct.
Answer:
16.1 times
Explanation:
Calculation for the company's accounts receivable turnover for the year
Using this formula
Accounts Recievable Turnover = Total Revenues/Average accounts receivables
Let plug in the formula
Accounts Receivable Turnover = $19,829/[($1,272+$1,198)/2]
Accounts Receivable Turnover =$19,829/$1,235
Accounts Receivable Turnover = 16.1 times
Therefore The company's accounts receivable turnover for the year is: 16.1 times
Which of the following accounts is debited, when overhead is applied to jobs?
a) Manufacturing Overhead
b) Work in Process
c) Inventory Indirect
d) Labor Finished
e) Goods Inventory
Answer: Work in process
Explanation:
It should be noted that the work in process inventory will be debited on a situation wherby the overhead is being applied to jobs
During production when the manufacturing overhead is being applied for production purposes, the manufacturing overhead is credited and the work in process is debited.
Therefore, the correct option is B.
A car's price is currently $20,000 and is expected to rise by 4% a year. If the interest rate is 6%, how much do you need to put aside today to buy the car one year from now
Answer:
the amount need to put aside is $19,623
Explanation:
The computation of the amount need to put aside is shown below;
= (Current car price × (1 + expected rise percentage)) ÷ (1 + rate of interest)
= ($20,000 × 1.04) ÷ 1.06
= $19,623
hence, the amount need to put aside is $19,623
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Select the benefits of mentoring goal process PLS HELP ASAP
Answer:
Mentoring relationships can result in the following:
Increased knowledge transfer.
Job satisfaction.
Smart succession planning.
Development of leadership skills.
Motivation for professional development and accountability.
Achievement of goals and objectives.
Stronger internal networks.
Increased teamwork.
Explanation:
The economy is part of that influences all organizations
Sunoco in Canada realizes the importance of physical evidence to determining the value of the service being provided.As a result,it has refurbished its restrooms and committed its station operators to maintaining hygienic restrooms.A clean-smelling restroom is an example of a positive:____________.
A) Artifact
B) Functional form
C) Ambient condition
D) Spatial format
E) Service symbol
Answer: ambient condition
Explanation:
Based on the scenario in the question, a clean-smelling restroom is an example of a positive ambient condition.
Ambient condition simply refers to a term typically used by designers when referring to the ventilation systems. It should be noted that ambient conditions gas to do with temperature, and humidity.
Ambient working conditions are essential for a company. From the question, refurbishing of the restrooms and maintaining hygienic restrooms shows that a positive ambient condition is being created.
A manufacturing company incurs direct materials costs of $6 per unit. The total direct materials cost is______when the company manufactures 2,000 units.
Answer:
$12,000
Explanation:
The manufacturing company has a direct materials cost of $6
The company manufactures 2,000 unit
Therefore total direct material cost can be calculated as follows
= 2,000×6
= $12,000
Hence the total direct material cost of $12,000
When dealing with tangible products, consistency is usually measured in terms of:_____.
A. Features.
B. Attributes.
C. Systems.
D. Defects.
Answer:
D. Defects
Explanation:
In order to meet the unending needs and wants of consumers, to satisfactorily provide products that meets their requirements, tastes or preferences various manufacturing companies use five (5) main methods of production, and these are; labour-intensive production, mass production, batch production, capital-intensive production and job production.
Generally in Economics, the question of how goods are produced, determines how resources are combined in the production of goods.
This ultimately implies that, before a manufacturer produce its goods it determines the amount of resources that are available. These resources that are to be combined for the purpose of production of goods are entrepreneur, land, labor, and capital, which are generally referred to as the four (4) factors of production.
A tangible product refers to any product that can be physically touched by the end users or consumers such as electronic gadgets, bread, furniture, cooking utensils, etc.
When dealing with tangible products, consistency is usually measured in terms of defects. Any goods (products) manufactured by a company that is consistently devoid of defects such as broken parts or missing parts is generally considered to be of high quality and as such consumers would feel safe to use or buy such tangible products at all times.
Why might ranchers want to lock in a price today for their cattle by signing a six-month futures contract?
Responses
A. To be able to sell all of their cattle for a profit a year from now.
B. To be able to buy a new herd of cattle when the six months is up.
C. To be able to pay off the put option when the futures contract expires.
D. To be able to plan on a certain amount of income in the future.
Answer:
D. To be able to plan on a certain amount of income in the future.
Explanation:
Locking in price is when a seller and buyer agree on the minimum price for a transaction in the future. A locked-in price remains unchanged for the agreed period.
By lock in prices for their cattle, the ranchers have set the cattle's selling price after six months. Changes in market conditions will not affect the price. The ranchers will focus on controlling their costs to attain their target income. Locking in prices guarantees selling of stable prices, which allows them to plan of expected income.
Which financial statement would include a listing of a companies assets
Answer:
Balance Sheet
Explanation:
In accounting, Balance sheet will show a complete listing of assets, liabilities and Equity of a company within a specific time period. (For most companies, the balance sheet will be made at each end of the year)
under the Assets segment, Balance sheet will specify several accounts arranged based on their liquidity. Cash usually put at the top of the list since it's considered as the most liquid assets.
People use balance sheet to give a general measurement on Company's financial health. If for example, they noticed that the liability is significantly larger than their assets, investors might feel discourage to invest in the company.
If a portfolio of the two assets has an expected return of 7 percent, what is its beta? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)
Answer:
the beta of the portfolio is 0.562
Explanation:
The computation of the beta is shown below:
As we know that
Expected return of portfolio = return of stock × weightage of stock + return of risk free asset × weightage of risk free asset
7% = 11% × weightage of stock + 2.4% × (1 - weightage of stock)
weightage of stock = 0.535
Now Beta of portfolio is
= 1.05 × 0.535
= 0.562
hence, the beta of the portfolio is 0.562
Revenues, Expenses, and Cost of Goods Sold are closed to which of the following accounts:_________
A) Income Summary
B) Retained Earnings
C) Other Income
D) Dividends
E) None of the Above
Answer: A) Income Summary
Explanation:
The Income Summary account is used to compile temporary accounts before posting them to capital accounts. Revenues, Expenses and Cost of Goods are temporary accounts which will be compiled in the Income summary account.
The Income summary account has a debit and a credit side with income going on the credit side and expenses going on the debit side. If the credit side is higher than the debit side then profits have been made. The reverse is true.
A firm operated at 90% of capacity for the past year, during which fixed costs were $420,000, variable costs were 40% of sales, and sales were $1,000,000. Operating income was:____________.
a. $420,000
b. $980,000
c. $180,000
d. $1,080,000
Answer:
A
Explanation:
Based on the fixed and variable costs, as well as the sales amount, the operating income was C. $180,000.
What was the operating income?This can be found as:
= Sales - Variable costs - Foxed costs
Solving gives:
= 1,000,000 - (40% x 1,000,000) -420,000
= 1,000,000 - 400,000 - 420,000
= $180,000
Find out more on operating income at https://brainly.com/question/25895372.
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The Costaguanan stock market provided a rate of return of 97%. The inflation rate in Costaguana during the year was 81%. In Ruritania the stock market return was 17%, but the inflation rate was only 4%. Calculate the real rate of return for Costaguanan stock market.
Answer:
The answer is "[tex]\bold{8.8\% \ and \ 2.16 \%}[/tex]".
Explanation:
Fischer relationship centered:
[tex]\to (1 + Nominal\ rate) = (1 + Real\ rate) \times (1 + Inflation)\\\\\to \text{For Costaguanan Stock},\\\\\to (1 + 97 \%) = (1 + Real \ rate) \times (1 + 81 \%)\\\\[/tex]
[tex]\to (1 + 0.97 ) = (1 + Real \ rate) \times (1 + 0.81 )\\\\\to (1.97) = (1 + Real \ rate) \times (1.81)\\\\ \to (1 + Real \ rate) = \frac{1.97}{1.81} \\\\\to (1 + Real \ rate) = 1.088 \\\\\to Real \ Rate = 1.088 -1 \\\\[/tex]
[tex]= 0.088 \\\\= 8.8\%[/tex]
[tex]\text{For Ruritania Stock,}[/tex]
[tex]\to (1 + 17 \%) = (1 + Real \ rate) \times (1 + 4 \%)\\\\\to (1 + 0.17 ) = (1 + Real \ rate) \times (1 + 0.04 )\\\\\to (1.17) = (1 + Real \ rate) \times (1.04)\\\\\to (1 + Real \ rate) = \frac{1.17}{1.04}\\\\\to (1 + Real \ rate) = 1.216\\\\\to Real \ rate = 1.216 -1[/tex]
[tex]= 0.216 \\\\=2.16 \%[/tex]
Macroeconomic is the branch of economics that focuses on ?
Answer:
economic principles affecting entire countries
Explanation:
Explain which of the following items are money in the U.S. economy. Discuss your answers in terms of three functions of money. 1. US $100 2. Euro 3. Mona Lisa painting 4. American Express credit card
Answer:
$100
Mona Lisa painting
Explanation:
To start with, I will list the 3 primary functions of money, which are;
store of value,
unit of account, and
medium of exchange.
Going by the above, I would say that 2 of the 4 options presented before us are money, why so?
A $100 bill is definitely money, no much explanation is needed here, because it's used daily as a means of exchange between people
2. Euro is not a form of money in the US. While it is a form of money in many other places, it's not in the US because it doesn't satisfy the "medium of exchange" criteria of function of money. Euro can not be spent in a store or anywhere in the country, without it having been first exchanged into dollars
3. Mona Lisa painting, part of the functions of money is to store value, and I believe very much, a painting is a good store of money in that regard.
4. American Express credit card is not a form of money because unlike money
being used essentially, to pay for goods and services directly, a credit card is more or less, a store of wealth that is lent by the bank
