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just olya [345]
3 years ago
11

In the fiscal year 2015–2016, Nescarto, an African country, imported goods worth $18 million and exported goods worth $20 millio

n. It also borrowed $40 million from other countries. In this scenario, Nescarto had a _____ during 2015–2016.
Business
1 answer:
Anika [276]3 years ago
4 0

Answer:

<u>Balance of payments surplus</u>

Explanation:

Balance of payments refers to a record of a country's trade position during a period.

Three components of Balance of payments are. current account, capital account and the financial account.

In the scenarios wherein a nation's exports exceed the imports, it reveals a surplus. Conversely, if imports exceed exports, it reveals a deficit.

Borrowings by a nation to fund it's deficit is regarded as an inflow in the balance of payments account.

Thus, in the given case,

Balance of payment position for the FY 2015-16 = $20 - $18 + $40 = +$42

Which indicates balance of payments surplus position.

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Whipple Corp. just issued 280,000 bonds with a coupon rate of 6.02 percent paid semiannually that mature in 25 years. The bonds
sesenic [268]

Answer:

529.64 million or $529,639,600 was received from the sale of bonds.

Explanation:

Money Raised from the sale is based on the current value of the bond. Price of bond is the present value of future cash flows, to calculate Price of the bond use following formula:

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

As per given data

Face Value = $2,000

Coupon payment = $2,000 x 6.02% = $120.4 /2 = $60.2 semiannually

Number of period = n = 25 years x 2 period per year = 50 period

Yield to maturity = 6.46% annually = 6.46% / 2  = 3.23% semiannually

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond = $60.2 x [ ( 1 - ( 1 + 3.23% )^-50 ) / 3.23% ] + [ 2,000 / ( 1 + 3.23% )^50 ]

Price of the Bond = $1,483.51 + $408.06 = $1,891.57

Cash received = Number of bonds x Price per bond = 280,000 x $1,891.57 = $529,639,600

3 0
3 years ago
_____ in the emails serve the same role that headlines do in newspapers and magazines.
Anastaziya [24]

Subject lines in the emails serve the same role that headlines do in newspapers and magazines.

Subject lines are the short and single line sentence or phrase seen as the title of an email when received. They do the same purpose as that of the headlines of a newspaper. Newspaper headlines provide a brief idea of the news below it. It is also made attractive. The same goes with the subject line of an email. It needs to be catchy as well as compact. It gives the overall idea of the content of the email to the receiver.

Learn more about emails at brainly.com/question/16936700

#SPJ4

5 0
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DHL express deals with :
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Answer:

DHL express deals with:

d)import and export good

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This morning, DJ’s invested $238,000 to help fund a company expansion project planned for three years from now. How much additio
rusak2 [61]

Answer:

$3,842.78

Explanation:

We must determine the future value of the money invested and then calculate the difference between both return rates. We can use the future value formula: FV = present value x (1 + return rate)ⁿ

3.5% ⇒ FV = $238,000 x (1 + 3.5%)³ = $238,000 x 1.035³ = $263,874.85

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