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tester [92]
3 years ago
13

Wichasha, an african country, exports barley and cotton worth $100 million to illema, a european country, and it imports sugarca

ne worth $25 million from illema. As such, the total value of wichasha's exports is higher than the total value of its imports. This difference between the value of wichasha's exports and imports is known as _____.
Business
1 answer:
max2010maxim [7]3 years ago
7 0

Answer: Balance of Trade

Explanation:

<em>Balance of trade</em> is the difference between the value of exports from a country and the value of imports into the country. When the value of exports is greater than imports, the balance of trade is positive and the country has a <em>trade surplus</em>. While, when the value of exports is less than the value of imports, the balance of trade is negative and the country has a <em>trade deficit</em>.

In this case,  Wichasha's exports is higher than the total value of its imports so, it has a trade surplus or positive balance of trade.

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Answer:

B. are primarily designed to protect bondholders

Explanation:

Protective covenants are designed primarily to protect bondholders from future actions of bond issuer. They are also part of a loan agreement that limits certain actions a company may take during the course of the loan to protect the person who lend the money interests. They provide extra protection for the investors. Creditors use it to protect their interests by restricting certain activities of the issuer that could endanger the creditor's interest.

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3 years ago
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Annual maintenance costs for a particular section of highway pavement are $2500. The placement of a new surface would reduce the
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Answer:

The maximum investment is $6,360.111

Explanation:

Giving the following information:

The placement of a new surface would reduce the annual maintenance cost to $500 per year for the first 3 years and to $1000 per year for the next 7 years. After 10 years the annual maintenance would again be $2500.

We need to find the net present value. The maximum initial investment will be the amount that makes the NPV cero.

NPV=∑[Cf/(1+i)^n]

Cf= cash flow

<u>For example:</u>

Year 1= 500/1.05= 476.19

Year 3= 500/1.05^3= 431.92

Year 5= 1,000/1.05^5= 783.53

NPV= 6,360.111

The maximum investment is $6,360.111

6 0
3 years ago
What is the common term for the endline in soccer?
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What is meant by the term “overhead” as it relates to a company’s financial<br> Operations?
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Integrated is a close corporation.

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  • Examples of corporations are Apple Inc., Walmart Inc., and Microsoft Corporation.
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Learn more about corporation here:

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