In order to create more wealth and provide better services, some nations recognize that A GOOD STRATEGY IS TO MINIMIZE INTERFERENCE WITH THE FREE EXCHANGE OF GOODS AND SERVICES.
Free exchange of goods and services will enhance the economic growth of a nation.
Answer:
fetishi-zation
Explanation:
Based on the scenario being described within the question it can be said that this is an example of fetishi-zation of commodities. This is a term coined by Karl Marx's, which explains the relationship that individuals have, not among other people, but instead among things, such as commodities exchanged in market trade. Like the products that tourists buy at Mardi Gras.
**Word is seperated with a - because it is otherwise not allowed by the system**
Answer:
Interest= $1000000
Explanation:
The general structure of an income statement proceeds as follow:
Revenue/Sales (+)
Cost of Goods Sold (COGS) (-)
=Gross Profit
Marketing, Advertising, and Promotion Expenses (-)
General and Administrative (G&A) Expenses (-)
=EBITDA
Depreciation & Amortization Expense (-)
=Operating Income or EBIT
Interest (-)
Other Expenses (-)
=EBT (Pre-Tax Income)
Income Taxes (-)
=Net Income
<u>In this exercise:</u>
EBIT= $6000000
interest= ?
tax=? (0,40)
EBITDA=$3000000
interest= [EBITDA/(1-t)]-EBIT
interest=3000000/0,60-6000000=-$1000000
EBIT= 6million
Interest= 1million
Tax=2million (EBIT-interest)*0,40
Net income=3million
Explanation:
pic is not clear so i cannot answer u
Answer:
$65,076,885.59
Explanation:
We use the Present value formula that is shown in the spreadsheet attachment
Given that,
Future value = $0
Rate of interest = 6.5%
NPER = 10 years
PMT = $85,000,000 ÷ 10 annual payments = $8,500,000
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the present value is $65,076,885.59