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3 years ago

When an economy relies on specialization, _______.

Business

1 answer:

crimeas [40]3 years ago

5 0

Answer:

The correct answer is letter "C": trade enables individuals to obtain the goods in which they do not have a specialization.

Explanation:

British economist David Ricardo (1772-1823) in his book "<em>Principles of Political Economy</em>" (1817) proposes countries should specialize in the production and export of products they are more efficient at. Then, those countries could obtain the products they are deficient in manufacturing importing them from more efficient nations. With this idea, Ricardo was establishing the basis of what is known today as "comparative advantage".

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olmstead industry has 9.40% coupon bonds outstanding with a price of $1,023.58. interest is paid semiannually and the yield to m

guapka [62]

4.752 years (approximately 4.8 years) The bond would maturity in 4.752 years.

Applying the yield-to-maturity formula

YTM is equal to C + (fv - pv) /n (fv + pv) /2.

9.40% of the par value is the coupon rate C.

= (9.40/100)× 1000

= $94

Face value (par value) is equal to $1,000.

Price = Pv = $1,023.58

Yield to maturity is equal to 0.0880.

n = how many years before maturity?

Using the formula above;

0.0880= 94 + (1000-1023.58)/n ÷ (1000+1023.58)/2

0.0880= 94 + (-23.58)/n ÷ (2023.58)/2

0.0880= 70 + (-23.58)/n ÷ 1011.79

94 - (23.58)/n = 0.0880 × 1011.79

94 - (23.58)/n =89.03752

-23.58 / n =89.03752 - 94

-23.58 / n = -4.96248 ( Cross multiply)

-23.58 = -4.96248n

Add -4.96248 to both sides.

n = 4.752

The maturity period for the bond is 4.752 years (approximately 4.8years)

To know more about the maturity calculation visit here :

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1 year ago

The purpose of the gross method of accounting for sales discounts is to a.avoid recording a subsequent adjusting entry. b.record

dem82 [27]

The main purpose of the gross method of accounting for sales discounts is to abide by the GAAP requirements to record sales in the amount most likely to be received.

<h3>What are GAAP requirements?</h3>

Also called the Generally Accepted Accounting Principles requirements, it refers to the collection of accounting rules and standards for financial reporting.

Hence, the gross method of accounting for sales discounts are used because its abide by the GAAP requirements to record sales in the amount most likely to be received.

Therefore, the Option D is correct.

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2 years ago

Results Of<br>Distinguish between Single Entry System and Double Entry System accounts<br><br>

sdas [7]

Answer:

result i dont what its mean but i know its answer

Explanation:

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3 years ago

An analysis of stressful events found that _____ had the greatest effect on adult happiness. getting divorced having to deal wit

atroni [7]

The answer in the space provided is losing a job. It is because losing a job has a big impact in an adult because having a job is important in order to establish the goals or pursue the dreams that he or she wants to achieve and when he or she loses his or her job, a lot of things may be affected such as having no income to support his or her needs and to tackle the things he or she wants to pursue.

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4 years ago

When diversification combines two businesses in different industrial sectors, the key determinant of whether the diversification

Anton [14]

, the key determinant of whether the diversification creates value would be: whether the diversification <span>enhances the competitive advantage of either or both of the two businesses

Here is an example of business combination in different sectors that create a value.

Let's say that a mobile manufacturer called company x (from electronic sector) combines its-self with an animation company (from entertainment sector).

Company x could obtain value from this combination by rewarding free movie/tv shows subscription for every mobile phone that they sold. By doing this, the sales in both sectors will be increased

</span>

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3 years ago