It's possible for a debt card transaction to bounce true or false

What is one advantage that the system illustrated below gives to countries that are involved in the global economy? A. It permit

Andreas93 [3]

The type of economy that referred in the question would most likely be a free-enterprise economy. By definition, a free-enterprise economy is an economic system wherein the market is free of government intervention. In addition, it is essential to the world trade because "<span>permits developing nations to compete on an equal economic basis with more industrialised countries."</span>

7 0

3 years ago

The Great Giant Corp. has a management contract with its newly hired president. The contract requires a lump sum payment of $24,

Marat540 [252]

Answer:

The company must set aside $1,985,976.79 each year for this purpose

Explanation:

Data provided in the question:

Required payment = $24,800,000

Time = 9 years

Interest rate = 8% = 0.08

Now,

Required payment = A × [( ( 1+ r )ⁿ - 1) ÷ r ]

Here,

A is the amount required to be set aside each year

Therefore,

$24,800,000 = A × [( ( 1+ 0.08 )⁹ - 1) ÷ 0.08 ]

or

$24,800,000 = A × 12.48755

or

A = $1,985,976.79

Hence,

The company must set aside $1,985,976.79 each year for this purpose

5 0

3 years ago

Average cost pricing

kumpel [21]

Answer:

4. is most likely to result in the expected level of profit when demand is inelastic within the range of possible prices.

Explanation:

Average cost pricing is most likely to result in the expected level of profit when demand is inelastic within the range of possible prices. The average cost pricing rule is a pricing strategy that regulators impose on certain businesses to limit the price they are able to charge consumers for its products/services equal to the costs necessary to create the product/service. This implies that businesses will set the unit price of a product relatively close to the average cost needed to produce it.

7 0

3 years ago

For an institutional investor to qualify as a "QIB" under Rule 144A, the institution must have at least: A $1,000,000 of assets

True [87]

Answer:

C) $100,000,000 of assets that it invests on a discretionary basis

Explanation:

For an institutional investor to qualify as Qualified Institutional Buyer (QIB) under Rule 144A of the Securities and Exchange Commission (SEC) it must:

manage at least $100 million worth of securities
the securities must come from issuers that are not affiliated with the institutional investor

In case of banks or savings and loans institutions, Rule 144A requires them to have a net worth of at least $25 million.

6 0

4 years ago

Akika Corporation started as a small firm and has grown substantially in the past decade. Its interests span from electronics to

lakkis [162]

Answer:

a. Unity of direction

Explanation:

Unity of direction: In this principle, the direction of work is given by the higher authority with a view to achieving the organizational objective.

Division of work: In this principle, the work is divided between many subordinates/ employees, so that the task should be done in proper time and in an efficient & effective manner.

Scalar chain: This scalar chain represents the rank from high authority to low authority in a straight line so that proper communication/ cooperation can be done without any misunderstanding.

Unity of command: In this principle, the employees are responsible for only one person/ one supervisor/ one commander.

In the given scenario, the unity of direction principle applies as the board of directors wants to establish an independent business so that each domain objective can be achieved so that it becomes to accomplish the organizational objective.

6 0

3 years ago