Which scenario best demonstrates the function of money as a measure of value?
a. joel has been keeping his spare change in a jar for months. he decides to cash it in, so he takes it to the bank. he gets a crisp 20 dollar bill in exchange for his collection of coins.
b. lin has been saving 10 dollars a week for college for 10 years. when she counts her savings, she fiends 5,200$ to pay for school
c. marin earns 10 dollars raking leaves. she saves the money to buy the latest mystery novel in her favorite series.
d. sharad decides to offer his services as a typist. he asks for $3 per page. a new client prefers $2 per page. they settle at $2.50 per page.

Island novelties, inc., of palau makes two products—hawaiian fantasy and tahitian joy. each product's selling price, variable expense per unit and annual sales volume are as follows:

Stocks a, b, and c are similar in some respects: each has an expected return of 10% and a standard deviation of 25%. stocks a and b have returns that are independent of one another; i.e., their correlation coefficient, r, equals zero. stocks a and c have returns that are negatively correlated with one another; i.e., r is less than 0. portfolio ab is a portfolio with half of its money invested in stock a and half in stock b. portfolio ac is a portfolio with half of its money invested in stock a and half invested in stock c. which of the following statements is correct? a. portfolio ab has a standard deviation that is greater than 25%.b. portfolio ac has an expected return that is less than 10%.c. portfolio ac has a standard deviation that is less than 25%.d. portfolio ab has a standard deviation that is equal to 25%.e. portfolio ac has an expected return that is greater than 25%.

Pear co.’s income statement for the year ended december 31, as prepared by pear’s controller, reported income before taxes of $125,000. the auditor questioned the following amounts that had been included in income before taxes: equity in earnings of cinn co. $ 40,000 dividends received from cinn 8,000 adjustments to profits of prior years for arithmetical errors in depreciation (35,000) pear owns 40% of cinn’s common stock, and no acquisition differentials are relevant. pear’s december 31 income statement should report income before taxes of