What are the relative merits of three trade agreements and alliances? WTO governs international trade. NAFTA is with North America. EU is Europe's trading bloc.
Trade agreements are essentially pacts between various countries that allow of trade between them. The trade is constructed and based on setting up tax, tariff and treaty agreements that allow for the participants to have investments within the trade. Two or more countries participate on the terms of their trade agreements which allows them to trade with one another.
Answer:
the current yield on the stock is 3.42%
Explanation:
the computation of the current yield on the stock is shown below:
Current yield = Annual dividends paid ÷ Current market closing price
= ($0.27 + $0.15) ÷ $12.27
= $0.42 ÷ $12.27
= 3.42%
hence, the current yield on the stock is 3.42%
we simply applied the above formula to determine the current yield on the stock
Answer:
<u>Cumulative</u>
<u>Participating </u>
<u>Convertible </u>
<u>Redeemable</u>
<u>Repurchase </u>
Explanation:
Cumulative preference shares are those preference shares wherein the annual dividend must be paid. In case dividend is not paid for an year, it gets accrued and in such a scenario, no common stock dividend can be paid unless cumulative preference dividend is paid.
Participating preference shares are those preferred stock holders who apart from receiving their own dividends are eligible to participate in dividends payable to common stockholders provided the dividend rate for common stockholders is increased.
Convertible preferred stocks are those which can be converted into common stock as per a specified conversion ratio and under other conditions.
Redeemable or callable preferred stocks are those wherein the issuer company has the right to repurchase/call or redeem such preferred stocks via creation of a sinking fund for such redemption.
Answer:
Equilibrium quantity will increase; the effect on price is ambiguous.
Explanation:
An add in the newspaper claims that the price of milk will increase next week . At the same time, a new and improved pasteurization process makes milk production more efficient. Given these two effects, we can say about the current equilibrium price and quantity of milk that Equilibrium quantity will increase; the effect on price is ambiguous.
The conclusion that equilibrium quantity will increase is dependent on the fact that expectation on future prices is a major factor that leads to changes in demand
People’s expectations about the future can have a significant impact on demand. Or, more specifically, their expectations of future prices can change demand.
If consumers expect prices to increase shortly, current demand often increases, i.e., the demand curve shifts to the right.
Answer:
Accumulated Depreciation as on 31st December 2017 is 2448
Explanation:
Depreciation using straightline method=<u>Cost of equipment-salvagevalue</u>
useful life of the asset
Depreciation =<u> 12,240-0</u>
5years
Depreciation on 31st December 2017 = $2448
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