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Nastasia [14]
2 years ago
9

QUIZLET: In 1978 China Group of answer choices encouraged investment by private companies from other countries launched the Grea

t Leap Forward built the Great Wall landed a man on the moon
Business
1 answer:
sdas [7]2 years ago
7 0

In 1978, China announced a new policy to open the door to foreign businesses and investments that wanted to set up in China.

<h3>What did china do in 1978?</h3>

In 1978, Deng announced a new policy that opened the door to foreign businesses that wanted to set up in China.

For the first time, the country was open to foreign investment and encouraged investment by private companies from other countries.

Therefore, A is the correct option.

Learn more about China here:

brainly.com/question/9695945

#SPJ1

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David bought stock for $4,000 and one year later he sold it for $1,000. The sale resulted in a:
AURORKA [14]

Answer:

Capital Loss

Explanation:

A capital loss occurs when an investment asset decrease in value between the time of purchase and the time for selling. The loss is realized only when the asset is sold.  Examples of investment assets that can lose value include stocks, mutual funds, index funds, real estate, and bonds.

A capital gain or loss is the purchase price minus selling price of an investment asset. Capital gain is when the result is positive, implying that the asset has appreciated in value.  A capital gain always attracts tax.  David experienced a capital loss of  $3000 as the selling price was lower than the buying price ($ 4000-$1000).

7 0
3 years ago
Read 2 more answers
1. When processing cash payments, the cashier accepts the check and cash payment from the
Tasya [4]

Answer:

That statement is true.

Explanation:

Most companies require this type of procedures to ensure that the employees wouldn't scam the customers during the transaction process.

Restating the total and the total changes allow the guests to conduct a self-calculation for the purchase, ensuring whether the price is suitable to the price tag that provided on the counter.  This prevent the employees from giving a higher price to the customers and taking the additional amount for themselves.

8 0
3 years ago
Exercise 14-8 Presented below are three independent situations. (a) Oriole Co. sold $1,970,000 of 12%, 10-year bonds at 102 on J
bearhunter [10]

Answer:

$116,230

Explanation:

Calculation to determine the amount of interest expense to be reported on July 1, 2017, and December 31, 2017.

First step is to find the Cash interest on the Bond calculated as:

Cash interest on the Bond = 1,970,000*12%*6/12 = $118,200

Second step is to find the Premium on Bonds Payable calculated as :

Note that (102%-100%)=2%

Hence,

Premium on Bonds Payable = 1,970,000*0.02 = 39,400

The third step is to find the Semiannual bond Premium Amorixed for both July 1, 2017, and December 31 calculated as :

Semiannual bond Premium Amorixed = 39,400/(10*2)

Semiannual bond Premium Amorixed = 39,400/20

Semiannual bond Premium Amorixed = 1,970

The last step is to calculate Interest expenses for the both July 1, 2017, and July 1, 2017, and December 31 using this formula

Interest Expenses = Cash interest - Premium amortized

Let plug in the formula

Interest expenses = 118,200-1,970 = $116,230

Therefore the amount of interest expense to be reported on July 1, 2017, and December 31, 2017 will be $116,230

7 0
3 years ago
NU YU announced today that it will begin paying annual dividends. The first dividend will be paid next year in the amount of $0.
alexdok [17]

Answer:

$10.84

Explanation:

The computation of willing to pay today is shown below:

For this first we have to find out the present value that is shown below:

Year          Dividend per share        Present value                   Present value

                                                          interest factor @12%

1                 $0.57                              0.893                                  $0.509

2                $0.62                              0.797                                   $0.494

3                 $0.77                              0.712                                    $0.548

4                 $1.07                               0.636                                   $0.681

Present value                                                                                $2.232

Now the price for the fourth year is

= (Next year dividend) ÷ (Required rate of dividend - growth rate)

where,

Next year dividend = $1.07 + $1.07 × 3.8%

                                 = $1.07 + 0.04066

                                 = $1.11066

So, the price for the fourth year is

= ($1.11066) ÷ (12% - 3.8%)

= $13.545

Now the present value of fourth year dividend is

= $13.545 × 0.636

= $8.61

So the willing to pay today is

= $2.23 + $8.61

= $10.84

8 0
3 years ago
What is windfall income?*
gregori [183]
The answer in my opinion will be B
4 0
3 years ago
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