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statuscvo [17]
2 years ago
9

"A(n) _________________________ involves the free flow of products and factors of production among member-countries and the adop

tion of a common external trade policy, but it also requires a common currency, harmonization of members tax codes, and a common monetary and fiscal policy."
Business
2 answers:
DENIUS [597]2 years ago
8 0

Answer:

The correct answer is Economic union.

Explanation:

The economic union is the international trade agreement of the highest rank, because it supposes a total harmonization between the economic policies of the participating countries. This, with the aim of reaching a situation of convergence and unification.

In terms of integration, an economic union would be equivalent to the most advanced form or modality, since it translates into the creation of common markets between two or more countries and eliminating a large number of barriers.

Said process of economic harmonization facilitates the free movement of companies or families of the member countries in terms of production factors such as capital or labor and, therefore, stimulating import and export.

Among the many tools available when establishing a firm economic union, we would speak of the unification or integration of fiscal and monetary policies. The member countries give up part of their competences in these matters in exchange for being able to join this association and they promise to comply with the directives of the union in fields such as economics or politics.

melisa1 [442]2 years ago
3 0

Answer:

"An economic and monetary union involves the free flow of products and factors of production among member-countries and the adoption of a common external trade policy, but it also requires a common currency, harmonization of members tax codes, and a common monetary and fiscal policy."

Explanation:

A monetary and economic union is a common market with a common currency. Monetary unions have not necessarily created a common market; in fact, the only monetary and economic union in the world is the Eurozone of the European Union, made up of members of the Union who have adopted the euro as their state currency. It is considered one of the most advanced stages of economic integration.

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Below are Company Y's financial statements:
kow [346]

Answer:

Company Y

The external financial needed is:

= $1,290.

Explanation:

a) Data and Calculations:

Company Y's financial statements:

Income Statement

Sales                    $7,900

Costs                     5,500

Taxable income $2,400

Taxes (25%)            600

Net income        $1,800

Balance Sheet

Current assets          $3,900

Fixed assets                8,600

Total assets             $12,500

Current liabilities       $2,100

Long-term debt           3,700

Equity                          6,700

Total liab. & equity $12,500

Projected Income Statement:

Sales                    $9,085 ($7,900 * 1.15)

Costs                     6,325 ($5,500 * 1.15)

Taxable income $2,760

Taxes (25%)            690

Net income        $2,070

Dividends = 40% $828

Retained earnings $1,242

Projected Balance Sheet

Current assets          $4,485 ($3,900 * 1.15)

Fixed assets                9,890 ($8,600 * 1.15)

Total assets             $14,375

Current liabilities       $2,415 ($2,100 * 1.15)

Long-term debt           4,018 ($14,375 - 2,415 - 7,942)

Equity                          7,942 ($6,700 + $1,242)

Total liab. & equity $14,375

Working capital = $2,070 ($4,485 - $2,415)

Capital expenditure = $1,290 ($9,890 - 8,600)

External financing needed = Net income minus (working capital plus capital expenditure)

= $2,070 - ($2,070 + 1,290)

= $1,290

7 0
3 years ago
Manuel is a manager for a manufacturing company in which managers are expected to fully document all decisions and in which it i
ikadub [295]

Answer: Low risk taking culture

Explanation:

Organisational culture includes the behaviour, beliefs, value and principles in which an organisation operates on. It's entails the way business are done, decisions are made etc.

Low risk taking is an organisation culture aimed at minimising risks. Recommendations and Decisions are based on facts and genuine data not on abstract and unreal thoughts with decisions fully documented.

7 0
2 years ago
Which of the following is the cost of quality classification for costs such as defects that pass through the system, such as cus
KonstantinChe [14]
Would have to say the answer is A
8 0
3 years ago
Outdoor luggage inc. makes high-end hard-sided luggage for sports equipment. data concerning three of the company's most popular
Elden [556K]

1-a. The total time available on the plastic injection molding machine is the constraint in the production process. What is the contribution margin per unit of the constrained resources for Ski Guard, Golf Guard and Fishing Guard?

Answer:

We need to need to find the contribution margin for each product.

Contribution Margin per unit = Selling Price per unit - Variable cost per unit

Then we need to find contribution margin per unit of constrained resources with the following formula:

Contribution Margin per unit of constrained resource = \frac{Contribution margin per unit}{Resource needed per unit of product}

Constraint: Time available on plastic injection moulding machine

Ski Guard Golf guard Fishing guard

Selling Price per unit 200 300 255

Less: Variable Cost 60 140 55

Contribution Margin 140 160 200

Processing time per unit (minutes) 2 5 4

Contribution Margin unit of constraint 70 (140/2) 32 (160/5) 50

1-b. Which product would be the most profitable use of this constraint?

Manufacturing the <u>Ski Guard</u> would be the <u>most profitable use</u> of this constraint since it has <u>the maximum contribution margin per unit of constraint, ($70 per unit).</u>

1-c. Which product would be the least profitable use of this constraint?

The <u>Golf Guard</u> would be the least profitable use of this constraint since it has the <u>least contribution margin per unit of constraint, at $32 per unit</u>.

2a. A severe shortage of plastic pellets has required the company to cut back its production so much that the plastic injection molding machine is no longer the bottleneck. Instead, the constraint is the total available pounds of plastic pellets. What is contribution margin per unit of the constrained resources for Ski Guard, Golf Guard and Fishing Guard?

We need to need to find the contribution margin for each product.

Contribution Margin per unit = Selling Price per unit - Variable cost per unit

Then we need to find contribution margin per unit of constrained resources with the following formula:

Contribution Margin per unit of constrained resource = \frac{Contribution margin per unit}{Resource needed per unit of product}

Constraint: Pounds of plastic pellets

Ski Guard Golf guard Fishing guard

Selling Price per unit 200 300 255

Less: Variable Cost 60 140 55

Contribution Margin 140 160 200

Plastic pellets per unit (pounds) 7 4 8

Contribution Margin per pound 20 (140/7) 40 (160/4) 25 (200/8)

2-b. Which product would be the most profitable use of this constraint?

The <u>Golf Guard</u> would be the <u>most profitable use</u> of this constraint since it has <u>the maximum contribution margin per unit of constraint, ($40 per unit).</u>

2-c. Which product would be the least profitable use of this constraint?

The <u>SkiGuard</u>, with a contribution margin of <u>$20 per pound</u> of plastic would be the <u>least profitable</u> use of this constraint.

3. Which product has the largest unit contribution margin?

Answer : The <u>fishing guard</u> has the <u>largest per unit contribution margin </u>at <u>$200.</u>

6 0
2 years ago
An investor purchases a 15-year, $1,000 par value bond that pays semiannual interest of $40. If the semiannual market rate of in
ra1l [238]

Answer:

Bond Price​= $846.3

Explanation:

Giving the following information:

YTM= 0.05

Maturity= 15*2= 30 semesters

Par value= $1,000

Coupon= $40

<u>To calculate the price of the bond, we need to use the following formula:</u>

<u></u>

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond Price​= 40*{[1 - (1.05^-30)] / 0.05} + [1,000 / (1.05^30)]

Bond Price​= 614.90 + 231.38

Bond Price​= $846.3

6 0
2 years ago
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