The Bay of Pigs Invasion was a foreign policy embarrassment for the Kennedy Administration.
When John Kennedy assumed the presidency after Dwight Eisenhower, he was faced with the pressure to act on Cuban dictator Fidel Castro's growing relationship with the Soviet Union (yet another of US' formidable enemies).
His senior advisers urged him to authorize the attack on Cuba and initiate a movement to overthrow Fidel Castro. This played on Kennedy's foreign principle which is for Democratic countries such the US to show a strong force against dictatorships like Castro's. In April 1961, the invasion at the Bay of Pigs failed extremely. Castro was quick to mobilize his militia to counter Kennedy's botched plan. Aside from this, Kennedy made some worst decisions that nailed the coffin shut. Thus the Kennedy Administration suffered a lot of damage due to this failure.
Answer:
B. is equal to the nominal interest rate minus the inflation rate
(II) 3.4% simplify method
3.317% fisher formula
Explanation:
5.9 - 2.5 = 3.4 real rate
or using fisher formula
1.059/1.025 - 1= 3.317 real rate
Answer:
Limited partnerships
Explanation:
They are limited partnerships because some of the partners only contribute financially and have liability only to the amount of their investments.
Venture capital firms provides funding for startups or companies in their early stages that they think have high growth prospects or have shown great prospects.
Answer:
A) $600,000.
Explanation:
Given that
Replacement cost =$620,000
But before that we have to compute the net realizable value which is given below.
Net realizable value based on cost to sell is
= $720,000 - $30,000
= $690,000
Net realizable value based on normal profit margin is
= $690,000 - 80,000
= $610,000
And the
Cost = $600,000
Since as we can see that the cost is less than the market value so the same i.e $600,000 would be reported as an inventory
