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3 years ago

How does innovation promote economic growth?

1 answer:

4 0

C. Innovation is the creation of new, original ideas. Inventors are usually described as innovative. New inventions create new markets.

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_________________ are the processes and procedures that a company uses to provide reasonable assurance that its financial report

Dahasolnce [82]

Answer:

The correct word for the blank space is: Internal controls.

Explanation:

Internal controls are crucial for any organization that wants to ensure not only that its operations are efficient, but also that they meet certain ethical standards. Internal controls effectively restrict fraud, as well as other illegal activities. These are put in place by a company to make sure that its budgets and accounting are accurate.

8 0

3 years ago

Why do communist countries use authoritarian methods to maintain their economic and political system?

Xelga [282]

<span>in a communist country government owns all resources and decided how they will be used therefore they need to have full obedience for it to work properly.

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6 0

3 years ago

Union Local School District has a bond outstanding with a coupon rate of 2.8 percent paid semiannually and 16 years to maturity.

Kryger [21]

Answer:

The price of the bond is $4,632.16

Explanation:

Coupon payment = $5,000 x 2.8% = $140 /2 = $70 semiannually

Number of period = n = 16 years x 2 period per year = 32 period

Yield to maturity = 3.4% annually = 3.4% / 2 = 1.7% semiannually

Price of bond is the present value of future cash flows, to calculate Price of the bond use following formula:

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond =$70 x [ ( 1 - ( 1 + 1.7% )^-32 ) / 1.7% ] + [ $5,000 / ( 1 + 1.7% )^32 ]

Price of the Bond = $70 x [ ( 1 - ( 1.017 )^-32 ) / 0.017 ] + [ $1,000 / ( 1.017 )^32 ]

Price of the Bond = $1,716.72 + $2,915.41

Price of the Bond = $4,632.13

7 0

3 years ago

I want to study accounting at levels 2 and 3. What can you offer me in my choice of subjects? Would this come under 'Business'?

gladu [14]

Answer:Yes.

Explanation:The only accounting you will ever do unless it's private for yourself is going to be for a business learning how they work can help you.

3 0

3 years ago

Suppose that you are attempting to value an income-producing property using the direct capitalization approach. Using data from

Licemer1 [7]

Answer:

Based on the calculation made, the indicated value is $3,889.86014

Explanation:

Using direct capitalization method, indicated value can be calculated using the formula below:

Value = Annual net operating income NOI/Capitalization rate

= $44500/11.44%

Value= $3,889.86014

Based on the calculation made above, the indicated value is $3,889.86014.

5 0

3 years ago