Answer:
1. Benefits Of Regional Economic Integration
2. Enhanced political cooperation. Several nations usually have a much larger political influence as compared to the influence that each individual country would have.
3. Creates trade. Member countries in a regional economic integration agreement have a wider choice of services and goods that were previously unavailable.
<em>4. Employment prospects. </em>
Explanation:
The benefits of regional integration can easily identify. There are economic benefits such as additional trade, improved quality, increased imports and exports, high-quality international relations and an integrated market. Regional integration can enhance the general quality of life for the citizens of those states.
Answer:
Option B
Explanation:
Since the contract did not mentioned any thing about the retuning of containers that were not defective, it becomes the obligation of the buyer to pay the final delivery amount on the basis of Good-faith modification.
Hence, option B is correct
Answer:
I will take $36,230.5 to pay for the education of child.
Explanation:
Cash Invested in the saving account will earn a return of 8% each year and this amount could be withdrawn by the me to pay for the education of child.
We will use following formula to calculate the annual payments
P = r ( PV ) / [ 1 - ( 1+ r )^-n ]
where
PV = amount of investment = $120,000
r = rate of return = 8%
n = number of period = 4 years
P = 8% ( 120,000 ) / [ 1 - ( 1 + 0.08 )^-4 ]
P = 36,230.5
Answer:
Explanation:
provision For Doubtfull Accounts Yr.3
Opening Bal. = 3,750
For the Year (215000*2%) = 4300
Write-off = -2100
Closing Balance (3750+4300-2100) = 5950
Account Recievable For Yr.3
Opening Bal. = 61000
Sales For the Year (215000*2%) = 215000
Provision For the Year = -4300
Cash Recived from Debtors = 218000
Closing Balance = 53700
Net Realizable Value of Recievables
Closing Debtors = 53700
Closing Provision = -5650
Net Realizable Value = 47750
C) Collectible Amount
Provision For the Year = 4300
Previously writte of recoverred = -500
Total bad debts for the year = 3800
Answer:
Mel
If Mel is risk-neutral, then in the absence of trip insurance, the most she will be willing to pay for the cruise is _______.
c. $1,220
Explanation:
a) Data and Calculations:
Mel's value of a cruise in nice weather = $2,000
Mel's value of a cruise in bad weather = $50
Probability of nice weather = 60%
Probability of bad weather = 40%
Expected value:
Weather Outcome Probability Expected Value
Nice weather $2,000 60% $1,200
Bad weather $50 40% $20
Total expected value of a cruise $1,220