Answer:
The correct answer is letter "B": generalized system of preferences.
Explanation:
Generalized System of Preferences or GSP is a set of preferential tariffs developed countries set to developing countries usually at a lower rate to boost the trade among those countries which mainly helps developing countries to increase the quality and number of their manufacturing companies.
Answer:
There is some information missing, and when I looked for it I found similar questions but the demand was already given and the question was about Vincent's total daily income.
Passenger Price Daily demand
Adults $18 70
Children $10 25
Senior citizens $12 55
total 150
total revenue per day = ($18 x 70) + ($10 x 25) + ($12 x 55) = $1,260 + $250 + $660 = $2,170
total operating costs per day = (150 / 50) x $450 = $1,350
operating income per day = $2,170 - $1,350 = $820
Answer: After Tax Nominal Rate - 12.6%
After Tax Real Rate - 3.6%
Explanation:
<em>Real Rate of return is defined as the nominal interest rate less inflation. </em>
The After Tax Real Rate therefore caters for tax from the Nominal rate and then deducts Inflation.
The formula is,
= Nominal Rate( 1 - tax rate) - Inflation rate
= 14% ( 1 - 10% ) - 9%
= 14 ( 90% ) - 9
= 3.6%
The <em>Nominal Rate is simply the Real Rate plus Inflation</em>. The After tax real rate has already being found so the After Tax Nominal Rate is,
= 3.6 + 9
= 12.6%
Answer:
a)A foreign subsidiary with current assets in excess of current liabilities will cause a translation gain (loss) if the local currency appreciates (depreciates).
Explanation:
Answer:
<em>$18.29</em>
Explanation:
It is very simple as per the question to calculate the current stock price.
The formula for calculating the Stock price is,
P = D/(r-g)
Hence, we calculate as follows,
Price = 0.75/(0.105-0.064)
Price = 0.75/0.041
<u><em>Price = $18.29</em></u>
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<u><em>Good Luck.</em></u>