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erastova [34]
1 year ago
13

Carlo's company hired a contractor in Venezuela to design and build a plant, supply the process technology, provide the producti

on inputs, and then train the operating personnel for the new facility. The contractor then turned the facility over to Carlo's company, which is based in California. This scenario is an example of
Business
1 answer:
Charra [1.4K]1 year ago
6 0

"Carlo's company hired a contractor in Venezuela to design and build a plant, supply the process technology, provide the production inputs...."  This scenario is an example of a turnkey project. This is further explained below.

<h3>What is construction?</h3>

Generally, construction is simply defined as the process of erecting a building.

In conclusion, According to the article, "Carlo's business contracted with a Venezuelan firm to design and construct a plant, offer the process technology, and furnish the manufacturing inputs." This scenario encompasses all phases of the building except for the final assembly.

Read more about construction

brainly.com/question/8606089

#SPJ1

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3 years ago
Maria and Beth are college students who share an off-campus apartment. The rent is $800 a month, which they agreed to share equa
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Answer:

a small claims court

Explanation:

A small claims court is a local court where a plaintiff can make a claim regarding small amounts of money. Usually small claims courts only have jurisdiction over private disputes regarding money owed under agreement (applies to Maria's claim), unpaid loans, property damage, contract breaches, etc. Small claims court can handle cases up to $35,000 and you usually do not need a lawyer.

4 0
3 years ago
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When analyzing the key elements of a country's economic environment, it is best to apply a systems perspective?
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3 years ago
Circular errors are caused by adding the cell name of an _________ cell formula?
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7 0
3 years ago
Cincinnati Exporters wants to raise $40 million to expand its business. To accomplish this, it plans to sell 22-year, $1,000 fac
IrinaVladis [17]

Answer:

Minimum number of units to be issued = 45,791.4 units

Explanation:

The units of the bonds to be sold to raise the money equals to the price of the bonds divided by the sum to be raised

The price of a bond is the present value (PV) of the future cash inflows expected from the bond discounted using the yield to maturity.

These cash flows include interest payment and redemption value

The price of the bond can be calculated as follows:

Step 1

PV of interest payment

Semi-annual coupon rate = 5.72/2 = 2.86 %

Semi-annual Interest payment =( 2.86 %×$1000)= $28.6

Semi annual yield = 6.85%/2 = 3.42%

PV of interest payment  

= A ×(1- (1+r)^(-n))/r

A- interest payment, r- yield -3.42%, n- no of periods- 2 × 22 = 44 periods

= 28.6× (1-(1.0342)^(-44)/0.0342)= 645.82

 

Step 2  

PV of redemption value (RV)

PV = RV × (1+r)^(-n)

RV - redemption value- $1000, n- 7, r- 4.5%  

= 1,000 × (1+0.0342)^(-2×22)

= 1000 × 1.0342^(-44)= 227.7

Step 3

Price of bond = PV of interest payment + PV of RV

645.82 + 227.7= 873.525

Minimum number of units to be issued = $40 million/873.5= 45,791.4 units

 

Minimum number of units to be issued = 45,791.4 units

7 0
2 years ago
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