Salt was the mineral that the afar men occasionally mined as a trade good.
Answer:
"An economic and monetary union involves the free flow of products and factors of production among member-countries and the adoption of a common external trade policy, but it also requires a common currency, harmonization of members tax codes, and a common monetary and fiscal policy."
Explanation:
A monetary and economic union is a common market with a common currency. Monetary unions have not necessarily created a common market; in fact, the only monetary and economic union in the world is the Eurozone of the European Union, made up of members of the Union who have adopted the euro as their state currency. It is considered one of the most advanced stages of economic integration.
Answer:
Total increase in pretax earnings on Summer’s December 31, 2019, income statement is $20,253
Explanation:
Fair value of asset sold on lease = Present value of lease payments = $50,000 * Cumulative PV factor at 6% for 8 periods of annuity due
= $50,000 * 6.20979
= $310,490
Interest income for 2019 = ($310490 - $50,000) * 6% = $15,629
Total increase in pretax earnings on Summer’s December 31, 2019, income statement = $310490 - $300,000 + $15,629 - 5866 = $20,253
The steps in the planning process of an organization include:
- A. Formulating strategies to achieve the goals.
- B. Determining the organization's mission and goals.
- D. Selecting the most effective way to implement the organizational strategy.
<h3>What is planning?</h3>
Planning is a management function that ensures the achievement of organizational efficiency and effectiveness.
Planning usually takes place at three levels of the organization, including:
- Functional
- Business
- Corporate levels.
Thus, the steps in the planning process of an organization include Options A, B, and D.
Learn more about the planning function at brainly.com/question/3504046
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