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3 years ago

How many nations are there in latin america

2 answers:

8 0

Currently, 20 countries are part of Latin America. They are: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Dominican Republic, Uruguay and Venezuela. Other than that, there are other territories that are not yet considered countries, but they are part of the list.

Bezzdna [24]3 years ago

8 0

There are 33 countries in Latin America including the Caribbean.
If just counting Latin America there are 20 countries and 6 dependent territories.

You might be interested in

You have an opportunity to invest in Australia at an interest rate of 8%. Moreover, you expect the Australian dollar (A$) to app

earnstyle [38]

Answer:

10.16%

Explanation:

The computation of the effective return for this investment is shown below:

Let us assume that we invested an amount in Australian dollars 100

The return is 8%

After one year, the amount is 108

Now the converting amount is 110.16 (108 × 102%)

Now the effective rate for this investment is

= 110.16 - 100

= 10.16%

7 0

3 years ago

Avicorp has a $10 million debt issue outstanding, with a 6% coupon rate. The debt has semiannual coupons, the next coupon is due

rjkz [21]

Answer:

Explanation:

Pretax cost of debt is the annual rate(YTM) of the bond. Using a financial calculator, input the following to calculate it;

N = 5*2 = 10

PV = -(95% *10,000,000) = -9,500,000

Coupon PMT = (6%/2)*10,000,000 = 300,000

FV = 10,000,000

then compute semiannual rate; CPT I/Y = 3.604%

convert to annual rate = 3.604*2 = 7.21%(this is the pretax cost of debt)

After tax cost of debt is calculated because interest payable on debt has tax shield. The formula is as follows;

Aftertax cost of debt = pretax cost of debt (1-tax)

AT cost of debt = 7.21% (1-0.40)

AT cost of debt = 4.33%

8 0

3 years ago

Kahn Inc. has a target capital structure of 45% common equity and 55% debt to fund its $9 billion in operating assets. Furthermo

maxonik [38]

Answer:

Payout ratio =1- 12.96%*45%*9/1.4 = 0.6252 or 62.52%

Explanation:

WACC = Weight of Equity * Cost of Equity + Weight of Debt * (1-Tax rate) * Cost of Debt

16% = 45%* Cost of Equity + 55%*(1-40%)*9%

16%-55%*(1-40%)*9% = 45%*Cost of Equity

Cost of Equity = 28.9556%

Current price of Stock = D1/(Cost of Equity - Growth)

25 = 4/(28.9556%-Growth)

Growth = 28.9556%-4/25 = 12.96%

ROE = Net income/Equity = 1.4/(45%*9)

Growth rate = (1- Payout ratio)*ROE

12.96% = (1-Payout ratio)* 1.4/(45%*9)

Payout ratio =1- 12.96%*45%*9/1.4 = 0.6252 or 62.52%

4 0

3 years ago

Phillip was waiting for a bus at a bus stop. Across the street and down the block, a mechanic negligently overinflated a tire he

SashulF [63]

Answer:

D. Lose because the mechanic could not have foreseen injury to Phillip.

8 0

3 years ago

Pronghorn Company issues 8,900 shares of restricted stock to its CFO, Mary Tokar, on January 1, 2020. The stock has a fair value

zysi [14]

Explanation:

The Journal entry is given below:-

A 1. On 1 January 2020

Unearned compensation Dr, $445,000

To Common stock (8,900 × $10) $89,000

To Paid-in Capital in Excess of Par -common stock $3,56,000

(Being the restricted stock is recorded)

2. On 31 December 2021

Compensation expenses Dr, ($445,000 × 1÷5) $89,000

To Unearned compensation $89,000

(Being the restricted stock is recorded)

B On 25 July 2024

Common stock $89,000

Paid-in Capital in Excess of Par -common stock $356,000

To compensation expenses $356,000

To unearned compensation $89,000

(Being the forfeiture is recorded)

7 0

3 years ago