The correct
answer to this question is:
“5 days”
<span>Under the
Fair Credit Reporting Act (FCRA), consumers should be advised that they have a
right to request further information regarding Investigative Consumer Reports,
and the insurer or reporting agency has 5 days to present the consumer with the
additional information.</span>
The international Fisher effect is the difference in nominal interest rates across countries reflecting the difference in expected rates of inflation in those countries.
<h3>What does the Fisher effect show?</h3>
It shows that the nominal rate of interest in a nation usually follows the inflation rate because an inflation-adjusted rate needs to be formed.
This then leads to a change in exchange rates between countries because the difference in nominal rates shows the difference in inflation which is what devalues or appreciates a currency.
Find out more on the fisher effect at brainly.com/question/16036767.
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Answer:
g = 0.05229 or 5.229% rounded off to 5.23%
Explanation:
Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,
P0 = D1 / (r - g)
Where,
- D1 is dividend in year 1 or the next dividend
- r is the required rate of return
Plugging in the available values for P0, D1 and r, we can calculate the value of g.
82 = 4.65 / (0.109 - g)
82 * (0.109 - g) = 4.65
8.938 - 82g = 4.65
8.938 - 4.65 = 82g
4.288 = 82g
g = 4.288 / 82
g = 0.05229 or 5.229% rounded off to 5.23%
Answer:
The cash flows from operating activities section of the statement of cash flows using the indirect method is $172,475.
Explanation:
Kennedy, Inc.
Statement of cash flows (extract)
Net income $179,562
Add: Depreciation expense 15,511
Loss on disposal of equipment 11,046
Less: Gain on sale of building (21,801)
Increase in accounts receivable (8,734)
Decrease in accounts payable (3,109)
Cash flows from operating activities $172,475
Answer:
Ricardo’s Theory of Comparative Advantage
Explanation:
Comparative advantage is the term used to define the ability of an individual, firm or country to produce a particular good or service at a lower opportunity cost than that if it’s competitors or trade partners. Opportunity cost is the benefit lost from the second best alternative.
When a country can produce a product more efficiently (i.e maximum output using minimum resources) than that of its trade partners, it is known as that it has absolute advantage in that product. India tends to have absolute advantage in both business processes outsourcing as well as producing agricultural commodities as it is mentioned that it can produce both of these more efficiently than the United States.
However, although it has absolute advantage in both, it is still less efficient in producing agricultural commodities when compared to business process outsourcing. In other words, if it attempts to produce agricultural commodities in-house, the benefit lost from the second best alternative: business process outsourcing is high. The opportunity cost is higher when it produces agricultural commodities than it is when it does business process outsourcing. Hence, due to the law of comparative advantage, it chooses to specialize in business process outsourcing and imports agricultural commodities.