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crimeas [40]
3 years ago
11

The IMF has: a. helped support some weaker European countries during the recent financial crisis. b. been very helpful in monito

ring international terrorists. c. ignored the cause of income inequality. d. provided significant funding for business start-ups globally. e. provided support to least-developed nations.
Business
1 answer:
Ann [662]3 years ago
5 0

Answer:

The correct answer is letter "A": helped support some weaker European countries during the recent financial crisis.

Explanation:

The International Monetary Fund (IMF) is a U.S. based part of the United Nations (UN) agency that promotes international economic prosperity by cooperating with least-favored nations to reduce their unemployment rates. The fund has 189 members and had a vital contribution in the Western European economic recovery after their recent financial crisis as a consequence of unemployment, drop of purchasing power and public debt.

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The web page content is not engaging enough, and poor marketing campaigns
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3 years ago
Which one of the following actions by a financial manager is most apt to create an agency problem? Increasing current profits wh
MrRissso [65]

Answer: Increasing current profits when doing so lowers the value of the company's equity.

Explanation:

The main purpose of a company is to increase the wealth of shareholders. In their capacity as stewards for the company, managers should be working therefore to achieve this goal.

When management neglects this goal and begins to seek an improvement in their welfare and wealth instead of the shareholder', this is an Agency problem.

If a Financial manager is increasing current profits even though doing so will lower the value of the company's equity, this can create an agency problem because the shareholders are suffering but the finance manager might get rewarded for increasing profits.

6 0
3 years ago
The argument for import protection in developing countries to bring about industrialization differs from the infant-industry arg
Zigmanuir [339]

Answer:

D) it presumes there will be economic gains even if output does not become internationally competitive

Explanation:

The argument for import protection in developing countries to bring about industrialization differs from the infant-industry argument in that it presumes there will be economic gains even if the output does not become internationally competitive. International competitiveness is a step of the relative cost of services/goods from a nation. Countries that can provide a similar quality of goods at a cheaper cost are stated to be extra competitive.

4 0
3 years ago
Which methods of evaluating a capital investment project use cash flows as a measurement basis?
bixtya [17]
The method <span>of evaluating a capital investment project that use cash flows as a measurement basis are: </span><span>Payback period, internal rate of return, and net present value.
- PAyback period, used to determine how much asset is back after the initial saving
- internal rate of return, Used to measure potential profit from an investment
- Net present value, used to determine the worth of all company's assets</span>
6 0
3 years ago
Read 2 more answers
Ikerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $3
Slav-nsk [51]

Answer:

a.  $2.4

b. $10,000 under-applied

c. Cost of goods sold A/c Dr $10,000

      To Manufacturing overhead    $10,000

Explanation:

a. The computation of the manufacturing overhead rate is shown below:

Manufacturing overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

= $300,000 ÷ 125,000 hours

= $2.4

(B) Now we have to find the actual overhead which equals to

= Actual direct labor-hours × predetermined overhead rate

= 130,000 hours × $2.4

= $312,000

So, the ending overhead equals to

= Actual manufacturing overhead - actual overhead

= $322,000 - $312,000

= $10,000 under-applied

c. The adjusting entry is shown below:

Cost of goods sold A/c Dr $10,000

      To Manufacturing overhead    $10,000

(Being the under-applied overhead is adjusted)

5 0
3 years ago
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