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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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Emily has recently learned that she needs to reduce the duration of her project to meet an imposed deadline. She has calculated
kotykmax [81]

Answer:

identify the critical path

Explanation:

Based on the information provided, the logical next step for Emily would be to identify the critical path. This means identifying the sequence of project network activities that add up to the longest overall duration which in term will reveal the shortest time possible to complete this project through unnecessary parts within the critical path, and will allow her to meet the imposed deadline.

7 0
3 years ago
Joe sells his business to Shirley. During the negotiations, Joe negligently tells Shirley that the business has earned a profit
Dmitry [639]

Answer:

"Shirley did not actually rely on Joe's misstatement" is the correct answer.

Explanation:

  • Reliance means that the individual adopts a way to proceed due to various his/her confidence in a statement that she has established.
  • For lack of understanding to occur, a causal relationship may well have been formed between some of the claims as well as the determination of the authority concerned to implement the arrangement.
  • Because Shirley wasn't really conscious that someone had presented an argument, there would be no dependency. Therefore, she can't extrapolate a rescission upon this.

4 0
3 years ago
A company issued 6-year, 8% bonds with a par value of $1,050,000. The market rate when the bonds were issued was 7.5%. The compa
Nataly_w [17]

Answer:

$41,125

Explanation:

The calculation of semiannual interest period is shown below:-

Interest = 8% ÷ 2 = 4%

Interest paid = $1,050,000 × 4%

= $42,000

Premium on bonds amortization = (($1,060,500 - $1,050,000)÷ 12)

= $10,500 ÷ 12

= $875

Interest expense = Interest paid - Premium on bonds amortization

= $42,000 - $875

= $41,125

So, for computing the interest expense we simply deduct the premium on bonds amortization from interest paid.

5 0
3 years ago
A company doing marketing research finds that a 10 percent increase in its product's price would create a 5 percent decrease in
gizmo_the_mogwai [7]

Answer:

a. Inelastic, b. Raise

Explanation:

a. When the price rises by 10%, the quantity demanded falls only by 5%, that is, falls by less than proportionate amount. It is proof that the demand is inelastic.

b. If the company wants to raise its revenue, it must raise its price. It will lead to less than proportionate fall in demand, leading to an increase in total revenue.

7 0
3 years ago
Oliver, a widower who does not live in a community property state, sold 50 acres of land he and his wife had paid $10,000 for in
aivan3 [116]

Answer:

The options are given below:

A. 50%

B. 60%

C. 70%

D. 80%

The correct option is C.

Explanation:

From the question above, we are asked to calculate Oliver's gross profit percentage.

  • Gross profit percentage is calculated by dividing the gross profit made from the sale by the contract price.
  • Gross profit is calculated by subtracting the installment sale basis from the selling price.
  • Contract price refers to the total of all the principal payments that are to be received on the installment sale.

Oliver's adjusted basis at the time of sale is:

$30,000 ($5,000 + .50 ($50,000))

His gross profit percentage is:

70% [($100,000 - $30,000) ÷ $100,000].

8 0
3 years ago
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