All categories

3 years ago

The biggest problem faced by less developed countries in financing development is

1 answer:

7 0

Failure to repay credits is the major problem faced by less developed countries in financing development. And in addition to that the present procedure came to a head when global leaders assembled in Addis Ababa, Ethiopia, on 13-16 July 2015 at what’s formally called the Third International Conference on Financing for Development. To see all of Citiscope’s recording on the Financing for Development process from an urban viewpoint.

You might be interested in

The U.S. government bought 112,000 acres of land in southeastern Colorado in 1968 for $17,500,000. The cost of using this land t

sweet-ann [11.9K]

Answer: c. Is equal to the market value of the land

Explanation:

When deciding the cost of using an asset such as land for something, the best cost to use is the opportunity cost of the land. What would the US Government be doing with the land if they were not turning it for use for the black-tailed prairie doga.

As there are no other alternatives, this cost will therefore be the market value of the land because this is the amount that the Government could get for the land if they sold it instead of using it for the black-tailed prairie doga.

6 0

3 years ago

Factory Overhead Costs During August, Jernigan Company incurred factory overhead costs as follows: indirect materials, $3,040; i

liq [111]

Answer:

Dr Factory Overhead 15,030

Cr Materials 3,040

Cr Wages Payable 5,340

Cr Utilities Payable 1,490

Cr Accumulated Depreciation—Factory 5,160

Explanation:

Preparation of Journal entry to record the factory overhead incurred during August.

Dr Factory Overhead 15,030

(3,040+5,340+1,490+5,160)

Cr Materials 3,040

Cr Wages Payable 5,340

Cr Utilities Payable 1,490

Cr Accumulated Depreciation—Factory 5,160

3 0

3 years ago

Katie had a high monthly food bill before she decided to cook at home every day in order to reduce her expenses. She starts to s

LekaFEV [45]

Answer: $13,464.23‬

Explanation:

Kate is saving a constant amount of $1,410 per year so indeed it is an annuity.

The amount she will have in the account after 8 years is the future value of the annuity after 8 years.

The formula is;

Future Value of Annuity = Annuity * (future value factor of annuity, 8 years, 5%)

= 1,410 * 9.5491

= 13,464.231‬

= $13,464.23‬

3 0

3 years ago

A ____________ is a collection of key marketing metrics organized in a way to highlight patterns of performance?

Ksivusya [100]

The answer is Marketing Dashboard .

6 0

3 years ago

Tiger Trade has the following cash transactions for the period.

vovangra [49]

Answer:

Tiger Trade

Cash Flow Statement

Cash flows from operating activities:

Cash received from sale of products to customers $35,000
Cash received for sale of services to customers $25,000
Cash paid to merchandise suppliers ($11,000)
Cash paid to workers ($23,000)
Cash paid for advertisement ($3,000)

Total cash flow from operating activities $23,000

Cash flows from investing activities:

Cash received from the bank for long-term loan $40,000
Cash paid to purchase factory equipment ($45,000)
Cash received from the sale of an unused warehouse $12,000

Total cash flow from investing activities $7,000

Cash flows from financing activities:

Cash paid for dividends to stockholders ($5,000)

Total cash flow from financing activities ($5,000)

Net cash increase $25,000

Cash balance at the beginning of the period $4,000

Cash balance at the end of the period $29,000

4 0

3 years ago