Answer:
The correct answer is option D.
Explanation:
Even though the democratic republic of Congo is rich in natural resources while Switzerland has almost no natural resources, but Switzerland is among one of the richest countries while Congo is among the poorest.
This indicates that abundant natural resources are not the only factor required for economic growth. Other factors such as human capital, physical capital, state of technology, etc. are also necessary for economic growth. Abundant natural resources cannot be efficiently utilized without these factors.
Even if a country is not rich in natural resources but possesses these factors, it can still have high economic growth.
Solution:
The operating cashflow (OCF), applies to the cash generated by the company from either the revenues it creates excluding long-capital or securities investments.
Operating cash flow is defined by the International Financial Accounting standards when cash produced from transactions, which is less tax and much less interest paid, income from investments and less dividend payments.
OCF {[(849 - $314) x 7,500] - $647,000} {1 - 0.21} + ($187,000 x 0.21)
= {4,012,500- $647,000}[0.79}+39,270
= $1,986,675
Answer:
efficiently.
Explanation:
A trade agreement can be defined as a pact or treaty signed between two or more countries to encourage the free flow (import and export) of goods and services among its members, as well as eliminating or reducing trade barriers such as quotas, tariffs on goods traded.
Trade agreements can cause jobs to go to countries that provide those jobs efficiently because all business entities or firms want to have competitive advantage over its rivals. Thus, business owners who have signed a treaty with other countries would tend to outsource or recruit workers from countries that provide their services efficiently.
Answer:
$5749.02
Explanation:
The first step is to determine the future value of my sister's deposit
The formula for calculating future value:
FV = P (1 + r)^n
FV = Future value
P = Present value
R = interest rate
N = number of years
5500 (1.088)^6 = $9122.97
the second step is to determine the present value of $9122.97 using an interest rate of 8%
$9122.97 / (1.08)^6 = $5749.02
