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2 years ago

According to peterson, what was the catalyst for the formation of the first truly global trade network?

1 answer:

7 0

<u>According to peterson,</u><u> not the railroad </u><u>was the catalyst for the formation of the first truly </u><u>global trade network.</u>

Who started the galleon trade?

After Augustinian friar and navigator Andrés de Urdaneta evolved the tornaviaje, or go back direction, from the Philippines to Mexico, the Spanish mounted the Manila galleon alternate direction in 1565.
In that year, Urdaneta and Alonso de Arellano finished the primary a success spherical trip.

What element made the Philippines a middle for shipbuilding?

Indios have been a abundant supply of reasonably-priced exertions that might be abused. -Indians have been professional shipbuilders. -enough deliver of top-notch lumber.

Who constructed the primary deliver withinside the world?

Among the earliest deliver builders have been the Egyptians. Egyptian vases and graves include the earliest depictions of boats ever discovered.
These images, which date again at least 6000 years, depict long, slender boats.
They used paddles to row and have been mainly made from papyrus reeds.

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Carmichael Company is considering purchasing a piece of equipment for $60,000. It expects the equipment will last 12 years (and

nalin [4]

Answer:

Initial outlay = $60,000

Annual net income before tax = $7,200 per annum

Depreciation = <u>Cost - Residual value</u>

Estimated useful life

= <u>$60,000 - 0</u>

12 years

= $5,000 per annum

Annual net cashflow before tax

= Annual net income before tax + Depreciation

= $7,200 + $5,000

= $12,200

Explanation:

In this case, the annual net income before tax has been given. The annual net income before tax has excluded depreciation, which does not involve movement of cash. Therefore, we need to add back depreciation in order to obtain the expected before tax cashflow.

4 0

3 years ago

A capital budgeting project is expected to have the following cash flows: Year Cash Flows 0 -$850,000 1 $300,000 2 $400,000 3 $5

diamong [38]

The capital budgeting project's net present value at an 18% required rate of return is <u>($4,200).</u>

<h3>What is the net present value?</h3>

The net present value represents the net discounted value of cash inflows after subtracting the present value of cash outflows.

The net present value can be determined by determining the present values of cash inflows and outflows and netting the two values.

<h3>Data and Calculations:</h3>

Required rate of return = 18%

Project period = 3 years

Year Cash Flows PV Factor Present Value

0 -$850,000 1 -$850,000 ($850,000 x 1)

1 $300,000 0.847 $254,100 ($300,000 x 0.847)

2 $400,000 0.718 $287,200 ($400,000 x 0.718)

3 $500,000 0.609 $304,500 ($500,000 x 0.609)

Net present value ($4,200)

Thus, the capital budgeting project's net present value at an 18% required rate of return is <u>($4,200)</u>.

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8 0

1 year ago

) When an isocost line is just tangent to an isoquant, we know that:A) output is being produced at minimum cost. B) the two prod

Mnenie [13.5K]

Answer:

A. Output is being produced at minimum cost- is correct

Explanation:

When an isocost line is tangent to an isoquant cost is being minimized

3 0

3 years ago

Reinegar Corporation is planning two new issues of 25-year bonds. Bond Par will be sold at its $1,000 par value, and it will hav

mote1985 [20]

Answer:

4500 bonds

Explanation:

In the given information:

Bond Life - 25 years

Sale value of bond - $1,000

Rate:

- Semi – annual bond – 10%

- second semi – annual bond – 6%

Original Issue Discount (OID) value of bond - $1,000

Bond value of OID – 25 years

First, we have to calculate total yield and its effectiveness for both type of bond:

rate = 10%

The yield of bond = $1000 ×25 ×2× 10%

= $5000

Since the bond is sold, so it would be added while calculating total yield

So total yield = $5,000 + $1,000

= $6,000

Yield effectiveness = Total Yield / Bond price

= 6000 /1000

= 6

So, the yield effectiveness for bond par is 6 for this type of bond.

Rate = 6%

The yield of bond = $1000 ×25 ×2× 6%

= $3,000

Since the bond is sold,

So total yield = $3,000 + $1,000

= $4,000

Yield effectiveness = Total Yield / Bond price

= 4,000 / 6

= 666.67

So, the yield effectiveness for OID bond par is $666.67.

Now, after calculating the yield effectiveness of OID bond we can calculate the number of bonds for raising by the following formula

= amount issued / yield effectiveness of OID bond

= $3,000,000./ $666.67

= 4500 bonds

Thus, 4500 bonds is to raise for issuing $3,000,000.

3 0

3 years ago

Joining a career and technical student organization is a good way to

stich3 [128]

Answer

A: develop skills that match your areas of interest

6 0

2 years ago