1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
timurjin [86]
1 year ago
12

____________ is one of the world's largest single markets, with 25 member countries, a common currency, and more than 454 millio

n consumers.
Business
1 answer:
Simora [160]1 year ago
6 0

The European Union is one of the world's largest single markets, with 25 member countries, a common currency, and more than 454 million consumers.

The European Union is a political and economic union of 27 member states that are located primarily in Europe. The EU provides for open borders between its member countries to facilitate trade without tariffs or duties.

Three bodies run the EU. The EU Council represents national governments. The Parliament is elected by the people. The European Commission is the EU staff. They make sure that all members act consistently in regional, agricultural, and social policies.

To learn more about European Union here

brainly.com/question/519121

#SPJ4

You might be interested in
During the last half of 2008, the Fed seemed to take "baby steps" in reducing the federal-funds rate target, before finally lowe
emmasim [6.3K]

Answer:

Why can't the Fed push the rate any lower than zero?

Real interest rates can be lower than zero, or negative (because inflation rate is higher than interest rate), but nominal interest rates are generally only limited to zero. But during this same time, the European Central Bank actually started paying negative interest rates on money deposits and many European private banks followed. That means that they charged people for having their money on the bank.

Why do you think that the Fed was so seemingly reluctant to push the rate all the way to the floor?

The reason why the Fed was not willing to push the interest rates to zero or even below zero was that by doing so, the US dollar would have depreciated or lost value. In Europe this was done to encourage people to spend their money and not save as much, but in the US that is not really a problem. Generally in the US the problem is that people spend too much and save too little, but on some European countries and Japan, people tend to save too much. For example in Japan the national savings rate fluctuates between 22-40%, while the maximum savings rate in the US has been 10.4% in 1960, it currently is around 7.6%.

4 0
3 years ago
Thailand has a comparative advantage in rice and an absolute advantage in cell phones Indonesia has a comparative advantage in c
Aleonysh [2.5K]

Answer:

d. Thailand should export rice and import cell phones

Explanation:

Analyzing the question, it is correct to say that Thailand should export rice and import cell phones.

To understand why this statement is correct, we need to understand the concept of comparative advantage and absolute advantage.

The comparative advantage occurs when a country has great efficiency in producing a certain good, that is, the production is specialized and therefore advantageous in relation to another country. So it is correct to say that Thailand, having a comparative advantage in rice, should export rice to achieve greater economic advantage.

The absolute advantage, on the other hand, corresponds to the production of a good with lower costs than another country, but Thailand should import cell phones because Indonesia has a comparative advantage in cell phones, which makes it more competitive than Thailand in this segment.

3 0
2 years ago
The condensed financial statements of Marks Company for the years 2017-2018 are presented below: Marks Company Comparative Balan
kirill115 [55]

Answer:

Marks Company

Computation of Financial Ratios:

(a) Current ratio at 12/31/18 =  Current Assets/Current Liabilities = $1,1350,000/$339,000 = 3.35

(b) Acid test ratio at 12/31/18 = (Current Assets - Inventory)/Current Liabilities =  $760,000/$339,000 = 2.24

(c) Accounts receivable turnover in 2018 = Net Credit Sales/Average Accounts Receivable = $2,420,000/$328,000 = 7.37 times

(d) Inventory turnover in 2018 = Sales/Average Inventory = $2,420,000/$357,000 = 6.77 times or every 54 days.

(e) Profit margin on sales in 2018:

i) Gross Profit Margin = Gross Profit/Sales x 100 = $778,000/$2,420,000 x 100 = 32%

ii) Net Profit Margin  = Net Income/Sales x 100 = $278,000/$2,420,000 x 100 = 11.49%

(f) Earnings per share in 2018 = Earnings or Net Income divided by outstanding number of shares = $278,000/152,100 = $1.82

(g) Return on common stockholders’ equity in 2018 = Net Income divided by Common Equity = $278,000/$1,961,000 x 100 = 14.18%

(h) Price earnings ratio at 12/31/18 = Market price per share divided by earnings per share = $80/$1.82 = $43.95

(i) Debt to assets at 12/31/18 = Total Debts/Total Assets = $744,000/$2,705,000 x 100 =  27%

(j) Book value per share at 12/31/18 = Shareholders' Equity divided by number of outstanding shares = $1,961,00/152,100 = $12.89

Explanation:

a) Current Ratio = Current Assets/Current Liabilities

Current Assets for 2018:

Cash $404,000

Accounts Receivable $356,000

Inventories $375,000

Total = $1,135,000

Current Liabilities for 2018:

Accounts Payable $339,000

Dividends Payable $0

Total = $339,000

This liquidity ratio measures the entity's ability to pay off its current obligations with its liquid assets.  Current assets are assets that can easily be turned to cash within the calendar year.

b) Acid Test Ratio is also a liquidity ratio that evaluates an entity's ability to pay off its current obligations with current assets when inventory is excluded.  Inventory is not regarded as very liquid, especially given the longer time it may take to turn it over to cash.

c) Accounts Receivable Turnover measures the effectiveness of the company to collect its receivables resulting from the credit sales.  It shows how sales on credit are managed by evaluating the credit policy, collection process, and customers' creditworthiness.  In quantitative terms, it measures how many times receivables are converted to cash in a period.

d) Inventory Turnover measures the number of times average inventory was turned over to sales within a period.  The average inventory is the beginning and ending inventories divided by 2.  It is very useful in inventory decisions, especially pricing, production or purchase, etc.

e) Profit margin on sales is the gross profit or net income expressed as a percentage of sales.  The Gross profit margin measures the ability of management to create profit from its sales revenue when compared with the costs of sales.  The net profit margin measures the ability of the management to create value for the stockholders after deducting all expenses for running the business.

f) Earnings per share:  This is a profitability ratio that compares the net income to the number of outstanding shares.

g) Return on common stockholders’ equity: This ratio measures the company's ability to generate returns for common stockholders.  It is measured as net income for common equity divided by the common stockholders' equity.

h) Price earnings ratio: This ratio expresses the dollar amount which an investor can invest in a company in order to earn a dollar income.  It is used to value investment in a company.

i) Debts to Assets: This is a financial leverage ratio that tells the percentage of assets or a company's resources that is financed by creditors.

j) Book value per share: This is a market value measure that shows the value of net assets (equity) divided by the outstanding shares.  It is not the same as the market value per share, which reflects investors sentiments.  The book value per share compares the book value of equity with the number of shares.  It is used by investors to gauge if a stock is undervalued or not.

8 0
3 years ago
Taxes on goods with ___________ demand curves will tend to raise more tax revenue for the government than taxes on goods with __
Brrunno [24]

Answer:

The answer is A

Explanation:

Taxes on goods with INELASTIC demand curves will tend to raise more tax revenue for the government than taxes on goods with ELASTIC.

Goods with inelastic demand are insensitive to price. An increase price of the goods for example from an increase in tax on the goods will have no significant effect in the quantity demanded. Consumers will still buy it with an higher. So taxing this goods is a good source of revenue for the government.

Whereas goods with elastic demand are very sensitive to rice. Any slight increase in price will result in a significant decrease in quantity demanded. So government increasing tax on this good will be bad for its tax revenue because consumers won't be it

4 0
3 years ago
A project professional has just been assigned manager of a project to develop a new advertising campaign for an established prod
german

Answer:

<u>Establish project priorities</u>

Explanation:

<em>Remember</em>, we are told the project professional has been assigned to manage a project, therefore going by the guiding steps when defining a project, the next and second step he should take is to establish project priorities.

In other words, he should draft out what tasks should be done first, those for later, and so forth in other to successfully achieve/finish the project's objective.

4 0
3 years ago
Other questions:
  • You are evaluating two different silicon wafer milling machines. The Techron I costs $276,000, has a three-year life, and has pr
    15·1 answer
  • Antonio has a number of employees who report to him. he has been considering how to motivate these employees to higher levels of
    9·1 answer
  • A zero-sum game is a situation in which an economic gain by one country results in an economic loss by another.
    15·1 answer
  • Assume for the United States that the opportunity cost of each airplane is 50 cars. Which of these pairs of points could be on t
    9·2 answers
  • Basile Corporation has budgeted sales of 36,000 units, target ending finished goods inventory of 4,000 units, and beginning fini
    9·1 answer
  • On January 1, Alan King decided to transfer an amount from his checking account into an investment account that later will provi
    7·1 answer
  • The calculations for some profitability ratios are the same as the calculations for common-size analysis of the income statement
    7·1 answer
  • What is the journal entry for declaring $9000 dividend to be paid next month
    13·1 answer
  • Companies like my​ gym, which seek to do business in new markets for manufacturing​ and/or marketing​ purposes, have many potent
    7·1 answer
  • Real estate licensee kimmy is involved in a dispute with another licensee, titus. kimmy prefers to use ______ to resolve the iss
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!