Answer:
The international monetary fund.
Explanation:
The international monetary fund is made up of 189 countries around the world that foster global monetary cooperation, promote high employment, secure financial stability, facilities international trade, and reduce poverty. It periodically depends on the World Bank for funding.
Countries that are having problems with balance of payment can borrow money from IMF pool of resources.
In this scenario country B is unable to pay for goods bought from country A till it makes export. There is a problem of balance of trade. The IMF can help country B make the payment by borrowing it funds.
Answer:
0.087 = 8.7%
Explanation:
Present value of perpetuity given that payment is done at the end of N-year
= present value * ( 1 + i )^n-1
= 169 * ( 1 + i )^n-1 = 100 / i
∴ ( 1 + i )^n-1 = 100 / 169i ------- ( 1 )
Given that first payment at the end of N years = 2112.50 hence the present value of 2112.50
= 2112.50( 1 + i )^n-1 = 100 / i + 100/ i^2 --- ( 2 )
(given that the increment is with a difference of 100 ) and N-1 = number of years
next step : Input equation 1 into equation 2
2112.50 i^2 = 169i [ 100i + 100 ]
19350 i^2 = 16900i
∴ i = 16900 / 19350 = 0.086956 ≈ 0.087
Answer:
Explanation:
As we know that time interest earned ratio = Income before interest and taxes / interest expense.
Sales = 546000
less: cost of goods sold = (<u>244410</u>)
Gross profit 301590
Less: <u>expenses</u>
Depreciation expense =( <u>61900 </u>)
Profit before interest and taxes 239690
Less: tax
(239690 * 23%) = (<u>55128</u>)
Profit 184562
Profit - Retained earning Addition = Interest
184562 - 74300 = 110262.
Interest earned ratio = 239690 / 110262 = 2.17 times
Answer:
A. trade stifles the development of new industries that could be more efficient than the existing ones.
Explanation:
Answer:
It is less expensive to keep your old car.
Explanation:
We have been given that you currently drive 250 miles per week in a car that gets 24 miles per gallon of gas.
1 year equals 52 weeks.
5 years equals 260 weeks.
The old car gives a mileage of 24 miles per gallon of gas.
Therefore, the total of using old car for 5 years is $18979.16.
We are told that new car gives a mileage of 53 miles per gallon.
Since the cost of using new car for 5 years is greater than cost of using old car for 5 years, therefore, it is less expensive to keep your old car.
