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riadik2000 [5.3K]
3 years ago
8

BRICs is a term used in international finance to represent assets that are considered to be inexpensive and sturdy, but fundamen

tally unsound and and incapable of coping with the upheavals now apparent in international financial markets.
1. True
2. False
Business
1 answer:
NeX [460]3 years ago
5 0

Answer:

False

Explanation:

BRICS is an acronym of the growing economies of the world which includes Brazil, Russia, India, China and South Afruca. Their headquarters is in China and they work together to ensure the development of member nations is achieved. They collaborate in different projects and help each other financially.

Goldman Sachs, in 2001, coined the acronym and he believed that these countries would grow faster than the countries that have already developed.  

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Which statement defines externality?
valentina_108 [34]
I think the correct answer from the choices listed above is option D. It would be the impact of production and consumption on unrelated third parties that best defines the term externality. It is<span> a consequence of an economic activity experienced by unrelated third parties; it can be either positive or negative.</span>
7 0
3 years ago
What is the spirit behind the Federal Sentencing Guidelines for Organizations?
nikitadnepr [17]

Answer:

The spirit behind Federal Sentencing Guidelines for organizations is that:  Legal violations can be prevented through organizational values and a commitment to ethical conduct.

Explanation:

In 1991, under Sentencing Reform Act, there was an extension. According to this, Sentencing Commission  of the United States submitted 'Federal Sentencing Guidelines for Organizations' (FSGO) to the Congress. These are a set of standards that govern what would be the sentences federal judges could impose on the organizations in case there are any federal crimes committed.

The main purpose of these guidelines is that it streamlines sentencing and punishment in case there are organizational crimes. It holds companies and employees responsible for any misconduct in the organization. So, the spirit of these guidelines is that it would prevent any legal violations in the organization and prevent any violation to ethical conduct.

5 0
3 years ago
What system is based on the supply and demand of goods to make a profit?.
Whitepunk [10]

Answer:

B : market economy

Explanation:

4 0
2 years ago
Corning, Inc. transforms a blend of materials to create optical fiber capable of carrying much of the telephone traffic in the U
astra-53 [7]

Answer:

B. Industrial

Explanation:

6 0
3 years ago
Pontchartrain Company issues $20,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2017. Interest is paid on June 30 and De
solmaris [256]

Answer:

$1,568,498

Explanation:

First calculate the Amont of discount

Discount on the bond = Face value - Proceeds from the bond = $20,000,000 - $19,604,145 = $395,855  

Now prepare the bond amortization

The Bond Amortization schedule is attached with this answer, please find it.

Now calculate the interest expense for 2017

Interest Expense 2017 = $784,165.80  + $784,332.43

Interest Expense 2017 = $1,568,498.23

Interest Expense 2017 = $1,568,498

3 0
3 years ago
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