U.S. trade with other nations is worth $4.9 trillion per year. China, Canada and Mexico are the country’s largest trading partners, accounting for nearly $1.9 trillion worth of imports and exports. But this landscape could be reshaped as President Trump pursues “America First” policies and reworks free trade deals.
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What is international trade?</h3>
International trade is the term for cross-border economic activity. Consumer products like televisions and apparel, capital goods like machinery, raw materials, and food are some of the things that are often traded. Other transactions involve services, like payments for foreign patents and travel services (see service industry). International financial payments, in which the private banking sector and the central banks of the trading nations play key roles, promote international trade transactions.
International trade and the associated financial transactions are typically carried out to give a nation the commodities it lacks in exchange for the abundant commodities it produces; these transactions, when combined with other economic policies, tend to raise the standard of living in a given country.
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Answer: 6.46%
Explanation:
Return on Assets (ROA) = Net Income / Total Assets
Net Income = Return on Equity * Total Equity
= 13.98% * 269
= 37.6062
Return on Equity = 37.6062/582
= 0.0646
= 6.46%
Answer: D. must purchase shares of the open end fund in the primary market from the investment company and shares of the closed end fund in the secondary (stock) market.
Explanation:
Open ended funds have the power to issue unlimited shares and sells directly to investors which means that to purchase from them after they have launched, one would need to do so through the primary market from the investment company itself.
Closed-end funds however raise a fixed capital by issuing an Initial Public Offering and then the shares of the fund will then be listed in a stock exchange. To buy into such funds after a few years, you will have to go through the secondary market and buy it in the stock market.
Answer:
$8,949.22
Explanation:
PV = annual payment x PV annuity factor
PV annuity factor = 14,133 / 1,000 = 14.133
PV annuity factor = [1 - 1/(1 + 0.063)ⁿ
] / 0.063
14.133 x 0.063 = 1 - 1/(1 + 0.063)ⁿ
0.890379 = 1 - 1/(1 + 0.063)ⁿ
1/(1 + 0.063)ⁿ = 0.109621
1 / 0.109621 = 1.063ⁿ
9.12234 = 1.063ⁿ
n = log 9.12234 / log 1.063 = 0.96010624 / 0.0265333 = 36
the present value of the first 36/4 = 9 payments = $1,000 x 6.71376 (PV annuity factor, 9 periods, 6.3%) = $6,713.76
the present value of the third set of 9 payments = $6,713.76 / (1 + 6.3%)¹⁸ = $2,235.46
present value of the first and third sets = $8,949.22
Answer:
Summemour and Hatcher WERE JOINTLY and SEVERALLY LIABLE
Explanation:
What is Partnership
Partnership is a form of business, where individuals come together to carry on business with the primary intention of making profit. Mostly, they come together by contributing capital and expertise to make the business work . Every partner is however liable and responsible for both the profit made and the losses or liabilities of the partnership.
Although the general partner has unlimited liability, every partner is however jointly and severely liable for the business
Were Summemour and Hatcher Liable?
This case is referred in the J.T. Turner Construction Company v. Summerour and Hatcher(2009). The court this case declared that both Hatcher and Summemour were jointly and severally liable as a result of the following reasons.
A partner becomes liable especially for a prior judgment based on the following
1. The partnership has proven indebtedness
2. A general partner in the partnership was sued to court
Based on these, Summemour and Hatcher WERE JOINTLY and SEVERALLY LIABLE
