Answer:
Yes, Judy and Kristy do have an enforceable contract.
Explanation:
Kristy made a valid offer to Judy and Judy accepted.
In the offer letter, Kristy told Judy to "please respond to Bruce Townsend", but she did not specify that the only proper mode of acceptance was the response to Bruce. Since she did not specify that Judy could not respond directly to her, Judy's letter of acceptance to Kristy's offer is valid.
The law of supply illustrates all the quantities of goods that producers are willing and able to sell at every possible price.
<h3>What is the law of supply?</h3>
The law of supply states that when prices increase, the quantity supplied increases and when price falls, the quantity supplied falls. This shows that price and quantity supplied are positively related. This explains why the supply curve is positively sloped.
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Answer:
The answer is: D) They attract the largest FDI from MNEs. If you consider FDI´s share of the country´s GDP
Explanation:
The countries that are located in the base of the global economic pyramid are all underdeveloped and poor countries, so no North America, Europe, Japan, China, or Australia. If you consider the total nominal amount of Foreign Direct Investment (FDI) by Multinational Enterprises (MNEs) in the world, the countries that receive the most of them usually have large economies or high GDP per capita (only Brazil is an exception) like the US, China, Belgium, Canada, France, Russia, Singapore, etc.
But if you consider FDI as a percentage of a country´s GDP the list of receiving countries varies a lot. The following is the list of the 10 countries with the greatest share of FDI to GDP in 2011 (UN 2011 report)
- Liberia
- Mongolia
- Hong Kong SAR (China)
- Sierra Leone
- Luxembourg
- Singapore
- Congo republic
- Belgium
- Chad
- Guinea
In this list you can find 6 countries that are extremely poor but very rich in natural resources (in this case minerals). So if consider the relative size of FDI in those economies, then it´s huge. Most FDI done on poor countries is directed to mining or oil corporations.
Answer:
b. Operating activities
Explanation:
As we know that there are two methods of cash flow statement. The one method is direct method and the other one is indirect method
Also the financing activities and the investing activities should be same calculated under both the methods
But the operating activities would be calculated differently under both the methods
In the direct method, the cash receipts and cash payment would be adjusted while an indirect method, the changes in working capital would be adjusted
Therefore the option b is correct
Answer:
$4,713
Explanation:
The formula and computation of the present value are shown below:
= Future value ÷ (1 + rate)^number of years
= $38,000 ÷ (1 + 0.11)^20
= $4,713
This (1 + rate)^number of years is also known as the discount factor which helps to calculate the amount of the present value
We simply apply the above formula so that the accurate value can come