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3 years ago

How do developed countries maintain an advantage over

Business

1 answer:

maks197457 [2]3 years ago

6 0

Developed countries work on their industrialization more than developing countries by maintaining their industries up to date by introducing all recent techniques that help in growth.
They work on their ca-pita and GDP more as compared to developing countries.
Increase their literacy rate.
Make their infrastructure more and more powerful and up to date.
Develop more revenue by introducing new techniques and creating labs on which they research the feasibility analysis of techniques they can improve.
Make their standards of living more high.
Utilize their resources effectively and efficiently.
Make their birth and death rate as low as possible.

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Calculate the future value of $7,000 in four years at an interest rate of 8% per year.

OLga [1]

The Future value is $9523.42. Future value is the amount of money that, when invested now at an interest rate, will eventually grow to be.

<h3>What is the Future Value of Money?</h3>

Future value is the amount of money that, when invested now at an interest rate, will eventually grow to be.

Calculation of Future value

Present Value = $7,000 interest rate = 8% Time = 4 years

FV = Future Value PV = Present Value

FV=PV(1+i)ⁿ

FV= 7,000(1+0.8)⁴= $9,523.42

Thus, the Future Value of $7,000 for four years is $9523.42.

Learn more about Future Value here:

brainly.com/question/14860893

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4 0

2 years ago

What is the interest expense on December 31?

Ainat [17]

The interest expense on December 31 of the first year is <u>$5,250</u>.

<h3>What is the interest expense on bonds?</h3>

The interest expense for a bond that has the same coupon rate as the market rate is always the same for all periods of the bond.

This shows that the bond was issued at neither premium nor discount but at par.

<h3>Data and Calculations:</h3>

N (# of periods) = 20

I/Y (Interest per year) = 7.5%

PMT (Periodic Payment) = $5,250 ($140,000 x 7.5% x 1/2)

FV (Future Value) = $140,000

Results:

PV = $140,000.00

Sum of all periodic payments = $105,000 ($5,250 x 20)

Total Interest = $105,000

<h3>Schedule</h3>

Period PV PMT Interest FV

1 $140,000 $5,250 $5,250 $140,000

2 $140,000 $5,250 $5,250 $140,000

Thus, the interest expense on December 31 of the first year is <u>$5,250</u>.

Learn more about the interest expense of bonds issued at par at brainly.com/question/16995383

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4 0

1 year ago

Assets that are not expected to provide benefits for a number of accounting periods are called __________.

kiruha [24]

Assets that are not expected to provide benefits for a number of accounting periods are called b. fixed assets

5 0

3 years ago

Read 2 more answers

The following information is available for Baker Industries: Cost of goods manufactured $ 320,000 Beginning finished goods inven

schepotkina [342]

Answer:

Baker Industries

The Cost of goods sold for the period is:

= $330,000

Explanation:

a) Data and Calculations:

Cost of goods manufactured $ 320,000

Beginning finished goods inventory 45,000

Ending finished goods inventory 35,000

Cost of goods sold:

Beginning finished goods inventory $45,000

Cost of goods manufactured 320,000

Ending finished goods inventory (35,000)

Cost of goods sold = $330,000

4 0

3 years ago

Variable Input Fixed Input Output Marginal Physical Product of Variable Input Total Fixed Cost Total Variable Cost Marginal Cost

weqwewe [10]

Answer:

$21.67

Explanation:

Exhibit 21-3 is attached with the answer .Please find it.

Total cost of production includes the fixed cost and variable cost. Fixed Cost remains constant as $500 in the exhibit, but the variable cost changes with each production level.

Cost of producing 60 units

Variable cost = $800

Fixed cost = $500

Total cost = $800+500 = $1,300

Product cost per unit = Total cost / numbers of unit = $1,300 / 60 = $21.67

7 0

3 years ago