Answer:
The member countries of BERPHO, a regional free trade area wanted to adopt a common currency, the "BERPH." The "BERPH" was modeled after and, in fact, was exactly similar to the euro. Establishment of the "BERPH" requires participating national governments:
- to give up control over monetary policy.
- to have a sound fiscal situation.
- to have a high degree of price stability.
- to be democratic in nature.
- to have stable exchange rates
Explanation:
BERPHO is an example of an economic union, where the fourteen member countries reached a level of economic integration, which means having a common currency, comprehensive harmonized tax rates, and a common monetary and fiscal policy.
I think the answer is A. Homes have the potential to appreciate in value over time.
Answer:
$4,265.55
Explanation:
Future value = $120,000
Interest rate (i) = 5%
Annual deposit = ?
Time period (n) = 18 year
Since deposit are to be made at the beginning of each year, hence the relevant factor table to be used is future value annuity due factor table.
Future value = Annual deposit x future value annuity due factor (i%, n)
120,000 = Annual deposit x FVADF (5%, 18period)
120,000 = Annual deposit x 28.13238
Annual deposit = 120,000/28.13238
=$4,265.547
=$4,265.55
Answer:
The answer is:
The inventory loss should be recorded entirely in the second quarter that ends in 6/30/2015 since losses have to be recorded as soon as the company recognizes them. The other quarters should not reflect any of the losses associated with this event.
Explanation:
The accrual accounting principle states that accounting transactions have to be recorded in the period when they actually happen. The conservatism principle states that liabilities and losses have to be recorded as soon as they are recognized.
Answer:
Helicobacter pylori (H. pylori) infection occurs when a type of bacteria called Helicobacter pylori (H. pylori) infects your stomach. This usually happens during childhood. A common cause of <u><em>peptic ulcers</em></u>, H. pylori infection may be present in more than half the people in the world.
