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3 years ago

State 2 reasons that lead to foreign trade.plz answer asap!!!

Business

1 answer:

inn [45]3 years ago

3 0

For imports:

You import when there is lack of production in your own country

or when another country offers a cheaper price and/or better quality good than your own country's industry

for exports:

production surplus.

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What is the IRR for a project that costs $100,000 and provides annual cash inflows of $30,000 for 6 years starting one year from

ahrayia [7]

Answer:

A) 19.91%

Explanation:

Net present value of cash flow at 19.91% can be calculated as follows

- 100000 + 30000/1.1991 + 30000/ (1.1991)² + 30000/(1.1991)³ + 30000/ (1.1991)⁴ +30000/(1.1991)⁵ + 30000/ (1.1991)⁶

= -100000 + 25018 +20864 +17400 +14511 +12101 +10092

= 0 ( approx )

So the IRR for the project is 19.91 % .

8 0

3 years ago

What Supreme Court decision overturned Plessy v. Ferguson? A. Brown v. Board of Education B. Engel v. Vitale C. Marbury v. Madis

alina1380 [7]

What Supreme Court decision overturned Plessy v. Ferguson?

A. Brown v. Board of Education

5 0

2 years ago

The price elasticity of demand for beef is about 0.60. Other things equal, this means that a 20 percent increase in the price of

givi [52]

Answer:

Quantity of beef demanded will decrease by 12%

Explanation:

Data provided in the question:

Price elasticity of demand for beef, Ed = 0.60

Increase in the price of beef = 20%

Now,

Price elasticity of demand for beef,

Ed = [ Percentage change in Quantity ] ÷ [ Percentage change in price ]

0.60 = [ Percentage change in Quantity ] ÷ 20%

Percentage change in Quantity = 0.60 × 20%

Percentage change in Quantity = 12%

Also,

Price and Quantity are inversely proportional

Hence,

With the increase in price, the quantity will decrease

Therefore,

Quantity of beef demanded will decrease by 12%

3 0

2 years ago

On January 1, 2021, Ozark Minerals issued $10 million of 9%, 10-year convertible bonds at 101. The bonds pay interest on June 30

joja [24]

Answer:

Upon issuance, Ozark should "Credit premium on bonds payable $100,000"

Explanation:

Issue price of bond is ($10 million * $101) = $10,100,000

The face value of the bond = $10,000,000

The premium on bond = $10,100,000 - $10,000,000

The premium on bond = $100,000

Journal entry

Debit Credit

Cash $10,100,000

Premium on bonds payable $100,000

Bonds payable $10,000,000

Conclusion: Upon issuance, Ozark should "Credit premium on bonds payable $100,000"

7 0

3 years ago

Has any questions or problems.

bearhunter [10]

Answer:

Customer relationship management (CRM).

Explanation:

CRM is an acronym for customer relationship management and it typically involves the process of combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance customer satisfaction. Therefore, these employees are saddled with the responsibility of ensuring the customer are satisfied and happy with their service at all times.

This ultimately implies that, customer relationship is focused on developing an ongoing connection between a business firm (organization) and all of its customers, as well as potential customers. The fundamentals of customer relationship is based on improving marketing communications, sales support, technical assistance and customer service so as to bring satisfaction to the customers.

Hence, the degree of satisfaction received by customers throughout their lifecycle is largely dependent on customer relationship management.

5 0

2 years ago

State 2 reasons that lead to foreign trade.plz answer asap!!!​

State 2 reasons that lead to foreign trade.plz answer asap!!!