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2 years ago

Which of these statements about brics countries is false?

Business

1 answer:

Montano1993 [528]2 years ago

8 0

The False statement about BRICS is The BRICS countries have joined together to form a trading bloc.

Brazil, Russia, India, China, and South Africa are the five major emerging economies that make up the term BRICS. The governments of the BRICS states have had formal summit meetings every year since 2009. On July 24, 2022, China virtually held the most recent 14th BRICS meeting.

The BRICS Forum was established in 2011 as an independent international group promoting collaboration in business, politics, and culture between the BRICS countries. The BRICS mechanism aims to promote peace, security, development and cooperation.

To know more about BRICS visit the link:

brainly.com/question/13360947?referrer=searchResults

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At the profit-maximizing level of output, a monopolist will always operate where:

atroni [7]

At the profit-maximizing level of output, a monopolist will always operate where: Price is greater than marginal cost

a company that obtains a monopoly within a market will have no competition that disturbs their market share of potential customers, therefore they technically could fully determine the most acceptable price for that specific market.

3 0

3 years ago

Ghost, Inc., has no debt outstanding and a total market value of $395,600. Earnings before interest and taxes, EBIT, are project

Step2247 [10]

Answer:

a-1 expands normal worse

EBIT 59890 53000 41340

equity 395600 395600 395600

ROE 15.14% 13.40% 10.45%

a-2

% change 1.74% -2.95%

b-1 EBIT 59890 53000 41340

equity 200600 200600 200600

debt 195000 195000 195000

ROE 29.86% 26.42% 20.61%

b-2

% change 3.44% -5.81%

c-1 EBIT 59890 53000 41340

tax (21%) 12576.90 11130 8681.40

NPAT 47313.10 41870 32658.60

equity 395600 395600 395600

ROE 11.96% 10.58% 8.26%

c-2

% change 1.38% -2.32%

c-3 EBIT 59890 53000 41340

tax (21%) 12576.90 11130 8681.40

NPAT 47313.10 41870.00 32658.60

equity 200600 200600 200600

debt 195000 195000 195000

ROE 23.59% 20.87% 16.28%

c-4

% change 2.72% -4.59%

Explanation:

Market to book ratio = market value per share / book value per share

1.0 = (395600/8600)/ book value per share

book value per share = 46/1.0

=46

equity = shares * book value per share

= 8600*45

= $395600

ROE = profit at the end / equity

6 0

3 years ago

A mutual fund has total assets of 2.4 million dollars and 300,000 shares. What is the net asset value of one share of the fund?

Katarina [22]

The correct answer for this question is this one: "c. $8.00 "A mutual fund has total assets of 2.4 million dollars and 300,000 shares. The net asset value of one share of the fund is $8.00Hope this helps answer your question and have a nice day ahead.
There exists the same question from other source with the following choices:
a. $0.08 
b. $0.80 
c. $8.00 
d. $80.00

3 0

3 years ago

Alpha Corporation reported the following data for its most recent year: sales, $660,000; variable expenses, $360,000; and fixed

cestrela7 [59]

Answer:

Degree of Operating Leverage = Contribution / Operating Profit

Contribution = Sales - Variable expenses = 660000 - 360000 = $ 300000

Operating Profit = Contribution - Fixed expenses = 300000 - 225000 = $ 75000

Degree of Operating Leverage = 300000 / 75000 = 4

Conclusion:- Degree of Operating Leverage = 4

5 0

4 years ago

How is foreign exchange management (FEM)the core issue in international finance and how does it affect balance of payment

V125BC [204]

Answer:

Foreign Exchange Management (FEM) is the core issue in international finance in that it helps facilitate external trade and maintenance of foreign exchange.

FEM is a tool used by Central bank to adjust currency flows to offset the international exchange of funds thereby effecting balance of payment equilibrium.

Explanation:

Foreign exchange management is a protective measure against the adverse impact of unanticipated changes in exchange rates. It is at the core of International Finance.

The central bank liaises with the International Monetary Fund, World Bank and other financial bodies to hedge against these unanticipated changes as a way of stabilizing exchange rates.

The balance of payments does not impact the exchange rate in a fixed-rate system because central banks adjust currency flows to offset the international exchange of funds.

4 0

4 years ago