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AVprozaik [17]
2 years ago
9

What was the organization created by the kennedy administration to aid the economic and educational progress of developing count

ries?
Business
1 answer:
Vladimir79 [104]2 years ago
7 0

Foreign Assistance Act was the organization created by the Kennedy administration to aid the economic and educational progress of developing countries.

<h3>What was Foreign Assistance Act?</h3>

The Foreign Assistance Act  can be regarded as an act that was structured to offer  foreign assistance programs as well as  distinguishing between military from non-military aid.

The foreign aid or assistance can come inform of any type of assistance that is been voluntarily transferred from one country to another country and this can be in form of a gift as well as grant, or loan.

In some cases foreign aid can be inform of capital, as well as food supplies, and services and it can also be categorized as humanitarian aid and military assistance.

Some of the common foreign aid or assistance are;

  • Multilateral Aid.
  • Military Aid.
  • Project Aid.
  • humanitarian aid
  • Tied Aid.
  • Bilateral aid

Hence, Foreign Assistance Act was the organization created by the Kennedy administration to aid the economic and educational progress of developing countries.

Learn more about Foreign Assistance Act  at:

brainly.com/question/24553900

#SPJ1

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Nickel Inc. purchased a tract of land as a possible future plant site in 2013. Valuable sulfur deposits were discovered on the l
Elina [12.6K]

Answer:

Debit $ 800,000 to the Asset Account.

Explanation:

With the help of successful efforts process we will find the solution of the given problem .The successful efforts process stated that,if the company are upgrading only those expenses or the cost  that are involved with the discovery of oil and the gas then reserves are identified.

  • The successful efforts process stated that when the cost of exploration is achieved then the cost of the exploration is capitalized .
  • So the sulfur reserves were identified therefore  $800,000 in exploration expenses would be debited to the Asset Account.  

4 0
3 years ago
A catalog company that receives the majority of its orders by telephone conducted a study to determine how long customers were w
Oksi-84 [34.3K]

The waiting time at which 10 percent of the people would continue to hold is given as 2.3

<h3>How to solve for the waiting time</h3>

We have to solve for X ~ Exponential(λ).

then E(X) = 1/λ = 3,

= 0.3333

Remember that the cumulative distribution function of X is F(x) = 1 - e^(-λx). ;  x is equal to the  time in over case

For 10 percent of the people we would have a probability of

10/100 = 0.1

we are to find

P(X ≤ t)

= 1 - e^(0.3333)(t) = 0.1

Our concern is the value of t

Then we take the like terms

1-0.1 = e^(0.3333)(t)

1/0.9 = e^(0.3333)(t)

t = 3 * ln(1/0.9)

= 0.3157

5 0
2 years ago
It is July 16. A company has a portfolio of stocks worth $100 million. The beta of the portfolio is 1.2. The company would like
Anuta_ua [19.1K]

Answer:

A. The company should take Short position and

140 contract

B. The company should take Long position and 60 contract

B.

Explanation:

Calculation for what position that the company should take

Using this formula

Company position=(Beta of the portfolio*Change in beta of the portfolio) *Portfolio of stocks /Index futures price* Each Contract index times

Let plug in the formula

Company position =(1.2-0.5)*$100 million/2,000*250

Company position=0.7*$100 million/500,000

Company position=$70,000,000/500,000

Company position=140 contract

Therefore the position that the company should take will be SHORT position with 140 contract

B. Calculation for the increase in beta of the portfolio from 1.2 to 1.5 and what position tthr company should take in the futures contract and how many contracts

Using this formula

Company position=Increase in beta of the portfolio *Portfolio of stocks /Index futures price* Each Contract index times

Let plug in the formula

Company position =(1.5-1.2)*$100 million/2,000*250

Company position=0.3*$100 million/500,000

Company position=$30,000,000/500,000

Company position=60 contract

Therefore the company should take Long position and 60 contract

4 0
4 years ago
Lydia owns a fashion store for women, and her main focus is on providing quality customer service. The staff is trained to treat
elena55 [62]

Answer:

D) normative control.

Explanation:

In this case, Lydia is using normative control so as to train her staffs to treat customers with utmost care and provide them with reliable fashion advice.

In order to achieve this, Lydia carefully chooses her staff and appoints people who are attentive, friendly, and have a good fashion sense.

Normative control is a strategy that governs the behavior of employees through the use of beliefs and values called norms rather than the written procedures and policies.

8 0
3 years ago
Read 2 more answers
What account is more likely to have penalties for frequent withdrawls?
coldgirl [10]

Answer:

saving account is a very important

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