Answer:
$860,000
Explanation:
If Clement correctly recognised $43,000 in royalty revenue inecember which are based on Global's estimate of July - December, $43,000 is 5% of the sales value they are estimating. So using simple proportion, we can get the sales value. (using 5% = 0.05 and 100% = 1)
1/0.05 * 43,000 = $860,000
Answer:
Option a
Explanation:
In simple words, event refers to a potential situation that may or may not happen in the future and the occurrence or non occurrence of which depends on various factors in which some can be controlled by the affected party in advance and some are not.
These events could be either threat or opportunity. Although by using specialized knowledge these could be predicted at a certain level but its occurrence could not be guaranteed,
Answer:
10.38%
Explanation:
From the question above a bank offers to lend an amount of $10,000 for a period of 1 year
The bank expects an interest of $250 to be paid every 4 months
= $250×4
= $1,000
Total amount of interest= $1,000
The first step is to calculate the nominal interest
= (1000/10,000)×100
= 0.1×100
= 10%
Therefore, the effective annual rate on the loan can be calculated as follows
= (1+r/m)^m-1
r = 10% , m = 4
= [1+(10/100)/4]^-1
=[ (1+0.1/4)^4]-1
= (1+0.025^4)-1
= (1.025^4)-1
= 1.1038-1
= 0.1038×100
= 10.38%
Hence the effective annual rate in the loan is 10.38%
Answer:
A. The export and import of goods and services
Explanation:
The current account refers to the trade balance of a country. It is the record of a country's transactions with the rest of the world.
Current account includes imports and exports of goods and services, payments made to foreign investors, and transfers such as foreign aid.
The current account of a country can either be a surplus (positive) or a deficit (negative).
Surplus current account is when a country's export is greater than its import.
Deficit current account is when a country's export is less than its import.
Import refers a situation where a country buys goods from another country.
Export refers to a situation where a country sells to other countries of the world.
The current account is a part of the balance of payments, the other part is the capital or financial account.
Financial/capital account measures cross-border investments in financial instruments and changes in central bank reserves.
Answer:
is expected future data and differs amongst the alternatives.
Explanation:
Relevant information is expected future data and differs amongst the alternatives.
