Options:
a. Investor collectivism theory
b. Rapid specialization theory
c. Investor individualism doctrine
d. Free trade doctrine
Answer: C. Investor individualism doctrine
Explanation:
Investor individualism doctrine is a doctrine that tends to show that an investors will invest or put Capital in a country that produces the product of which they are best in. In this case capital will be investigated in Moldavia since it is efficient in apparel manufacturing and to the United States of America because it is efficient in the production of computer systems.
INVESTOR WILL GENERALLY INVEST CAPITAL ON THE ECONOMIC COMPETENCE (WHAT A COUNTRY IS EFFICIENT IN PRODUCING) OF A COUNTRY.
Answer:
Option C,$2,997 is the correct answer.
Explanation:
The amount to be paid in quarterly installments over a 5 year period is the list price less the down payment and the trade-in value of $10,000 as shown below.
list price $65,000
down-payment ($6,000)
trade-in-value ($10,000)
balance $49,000
The quarterly installment can be computed using the pmt formula in excel as follows:
=pmt(rate,nper,-pv,fv)
rate is the quarterly interest rate of 8%/4=2%
nper is the number of quarterly installments which is 4*5=20
pv is the present value of the amount to be paid in installments which is $49000
fv is the future value ,it is not unknown,hence it is zero
=pmt(2%,20,-49,000,0)
=$2,996.68
approx.$$2,997
Answer:
Alternative A Alternative B Net Income (B-A)
Revenues $149,400 $186,500 $37,100
Costs $102,900 $123,800 $20,900
Net income $46,500 $62,7000 $16,200
Project B has incremental revenue of $37,100, cost $20,900 and net income $16,200.
Explanation:
Net income is amount of earning that a company of individual maker after deducting all the expense from the revenue for a specific period of time. Net income can be calculated by subtracting all the related expenses from the revenue / income for the period.
SNOW WHITE AND THE SEVEN DWARFS BY ANNE SEXTON
Answer:
$11,500
Explanation:
The elements of the income statements (revenue and expenses) are usually closed to the income summary.
The revenue account is normally a credit balance and would be closed by debiting it and crediting the income summary while the expense which is usually a debit balance is closed by crediting the account and debiting the income summary.
The dividend declared and paid is a part of the retained earnings and is not closed to the income summary.
Hence the balance in the Income Summary account prior to closing net income or loss to the Retained Earnings account
= $18,000 - $6,500
= $11,500