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11111nata11111 [884]
3 years ago
9

Suppose Turkey has exports of 2 billion Turkish​ Lira, while its imports are 2 billion Turkish Lira. Calculate​ Turkey's "Index

of​ Openness" (Trade-to-GDP​ ratio) assuming Turkey has 10 billion Turkish Lira of​ output, or GDP.
Business
1 answer:
Damm [24]3 years ago
5 0

Answer:

40%

Explanation:

The index of openness measures how much a country is exposed to international trade. It is calculated by this formula:

Index of Openness= (Exports(X)+Imports (M))/GDP

Index of Openness= (2 billion+2 billion )/10 billion

Index of Openness= 0,4*100=40%

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worty [1.4K]

Answer:

A traditional 401(k) is tax deferred because the income earned isn't taxed until the money is withdrawn.

Explanation:

A 401 k is a qualified tax-advantaged saving retirement plan. Usually, 401K  plans are employer-sponsored. Employee contributions to the 401 k plans are deducted from the payroll before taxes are calculated. It means the employee contribution is not taxed at the time it's withheld by the employer.

The amounts saved are invested in market securities such as shares and bonds. The tax due from earning from the investment is deferred to the time of withdrawal. The employee is not required to pay taxes on contributions and investments earning every financial year.

3 0
2 years ago
Your new team is working hard, but they are all less experienced than you and don't complete their tasks as quickly
hammer [34]

Answer:

I would personally try to teach them myself since I have more experience and help them get better at their work environment.

Explanation:

8 0
3 years ago
The inventory of Royal Decking consisted of five products. Information about the December 31, 2018, inventory is as follows: Per
vichka [17]

Answer:

Explanation:

    Selling Price  Commission   Shipping       NRV                   Cost

A         220       220*10% = 22     200*5% = 10  (220-22-10) 188   200

B         260        260*10%=26       240*5%=12  (260-26-12) 222    240

C         240        240*10%=24        120*5%=6      (240-24-6) 210    120

D         300        300*10%=30        160*5%=8    (300-30-8) 262     160

E         140          140*10%= 14         100*5%=5    (140-14-5) 121        100

Therefore ,the unit inventory valuation at lower of cost or net realizable value =

Products         Valuation

A                           188

B                           222

C                           120

D                           160

E                            100

3 0
3 years ago
If an investor thinks that a stock's expected return exceeds its required return, the investor should _____.
Tamiku [17]

Answer:

Buy the stock because it is underpriced and investor will make money in the near future.

Explanation:

Required rate of return is defined as the estimated return am investor wants to gain for taking on a certain amount of risk when investing in securities.

The higher the risk the higher the required rate of return.

If the expected rate of return exceeds the required rate of return then the investor will consider the share underpriced and experiencing supernormal growth.

For example if a stock has required rate of return as 10% and expected rate of return as 15%, it means that the stock will perform above its peer stock in the market and the price will rise in the future.

8 0
3 years ago
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All of the following stockholders' equity accounts of a foreign subsidiary are translated at historical exchange rates except:?
Citrus2011 [14]

Answer:

a.retained earnings.

Explanation:

All of the below mentioned accounts are acquired at historical cost and cash benefits do not change for them, as because they are acquired on cost, that is  there carrying value is cost and related to amount for which it was acquired, further retained earnings includes the balance of current earnings added, therefore as per rules retained earnings are not converted, on historical conversion rate, and will be converted using current conversion rates of currency.

Final Answer

a.retained earnings.

8 0
3 years ago
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