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3 years ago

Look at the map showing the European Union (EU) and its free-trade agreement (FTA) countries.

Business

2 answers:

shepuryov [24]3 years ago

8 0

The actual correct answer is: The European Union's free-trade agreements include agreements with both developed and developing nations.

irina1246 [14]3 years ago

7 0

Answer:

B)The European Union's free-trade agreements include agreements with both developed and developing nations.

Explanation:

The European Union is a block of cooperation, where member countries can benefit economically, politically and as a consequence, socially. Nations that are part of the EU can trade freely, without customs barriers. The agreement brings together 28 sovereign countries as shown in the map. The group consists of developed countries such as Germany, Spain, France, the Netherlands and developing countries such as Poland, Slovenia, Bungaria, among others. The purpose of this agreement is to integrate the economies of these countries to make them stronger and more efficient together.

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Suppose that $ 5 000 is invested at 3.9 % annual interest rate, compounded monthly. How much money will be in the account in (

BlackZzzverrR [31]

Answer:

(A) $5,131.5

(B) $12,729.5

Explanation:

The interest earned on the value of interest earned before is the compounded interest. Compounding is the reinvestment of the amount earned before and take return over it too.

As per given data

Invested amount = $5,000

Interest rate = 3.9%

Interest is compounded monthly

Monthly rate = 3.9% / 12 = 0.325%

Formula for the accumulated amount of investment

A = P ( 1 + r )^n

Accumulated Money when $5,000 is

(A) Invested for 8 months

A = $5,000 ( 1 + 0.325% ) ^8

A = $5,131.5

(b) Invested for 24 years or 288 months (24 x 12)

A = $5,000 ( 1 + 0.325% ) ^288

A = $12,729.5

4 0

3 years ago

Read 2 more answers

ASK ME WEIRD QUESTIONS QUICK

Pachacha [2.7K]

Answer:

hop off brainly cuz

Explanation:

4 0

4 years ago

Read 2 more answers

Vibrant Company had $970,000 of sales in each of three consecutive years 2016–2018, and it purchased merchandise costing $535,00

Leni [432]

Answer:

Explanation:

From the give information; we are to:

1. Determine the correct amount of the company’s gross profit in each of the years 2016–2018.

The correct amount of the company's gross profit in each of the years 2016 - 2018 can be seen as computed in the table below.

VIbrant Company Income statement

2016 2017 2018

Sales 970,000 970,000 970,000

Cost of good

sold:

Beginning 270,000 270,000 270,000

Inventory

Purchase 535,000 535,000 535,000

The cost of good

available for sale 805000 805000 805000

is:

Ending Inventory 270,000 270,000 270,000

Cost of good sold 535,000 535,000 535,000

Gross Profit 435 000 435000 435000

N:B ;

Gross Profit = Sales - Cost of good sold

Gross Profit = 970000- 535000

Gross Profit = 435000

2. Prepare comparative income statements to show the effect of this error on the company's cost of goods sold and gross profit for each of the years 2016−2018.

For 2016; the comparative income statement is computed as follows:

Debit Credit

Sales 970000

Less:(-)

Cost of good sold

Beginning Inventory 270000

Add Purchase 535000

Cost of goods available 805000

for sale

Less (-)

Ending Inventory 250000

Cost of good sold 555000

Gross profit 415000

For 2017; the comparative income statement is computed as follows:

Debit Credit

Sales 970000

Less:(-)

Cost of good sold

Beginning Inventory 250000

Add Purchase 535000

Cost of goods available 785000

for sale

Less (-)

Ending Inventory 270000

Cost of good sold 515000

Gross profit 455000

For 2018; the comparative income statement is computed as follows:

Debit Credit

Sales 970000

Less:(-)

Cost of good sold

Beginning Inventory 270000

Add Purchase 535000

Cost of goods available 805000

for sale

Less (-)

Ending Inventory 270000

Cost of good sold 535000

Gross profit 435000

8 0

3 years ago

Which of the following describes a project and development team?A. The team is responsible for making goods or doing services.B.

NikAS [45]

Answer:

The correct answer is B. They work to solve a particular problem.

Explanation:

A project and development team is form to solve a particular problem and the members usually belong to different groups, have different functions and are assigned by the project manager to activities for the same project.

5 0

3 years ago

Can the government require a company to recall a product if they believe it is harmful to consumers?

Ymorist [56]

Answer:

A.Yes. They have the power to remove it if they believe it’s harmful.

Explanation:

When the government have reasons to believe that a product is potentially harmful to consumers and or buyers, they have the right to require a company to recall a product, if they believe it is harmful to consumers, because it is then the governments responsibility to protect the public.

3 0

3 years ago