Answer:
Within an economic and monetary union, there is a level of economic integration that involves the use of a common currency, harmonization of members' tax rates, and a common monetary and fiscal policy
.
Explanation:
An economic and monetary union is a form of economic integration of states, including the common market, harmonization of economic policy (or common economic policy) in several areas, and monetary union (a common currency or at least fixed exchange rates between Member States). It is the fifth phase of economic integration.
Sometimes a monetary union is seen as either the starting point of an economic (and monetary) union, sometimes - more often - than its completion. Since there is also a monetary union without a common market and / or harmonized economic policy, the concepts of "economic and monetary union" and "monetary union" need to be differentiated.
A typical example is the European Union's Economic and Monetary Union.
Answer:
$4,500
Explanation:
depreciation expense
= [revised cost of asset - salvage value]/[remaining life of the assets]
= [$39,000 - $3,00]/[8 years]
= $4,500
Therefore, The Depreciation expense for Year 6 is $4,500.
Answer:
a. Without wasting time, the team member has to inform the Lead/Onsite coordinator and take up another task.
Explanation:
Iteration is a repetative process, where process is repeated until it get closer to the desired result. It is important to inform the team member without wasting much of time, so that they can coordinate or team member can take up another task from the queue. Iteration planning is the collabrative exercise, team work is important as goal and task are set in a team meeting. This is considered as slower process than new algorithm process.
Answer:
Discount on bonds issuance = $15750
Explanation:
A bond is issued at a discount when the issue price of the bond is less than the face value of the bond. This usually happens when the coupon rate paid by the bond is less than the market interest rate. To calculate the amount of discount on bonds issuance, we simply deduct the issue price from the face value of the bond. Thus,
Discount on Bonds = Face value - Issue price
As we know the face value of the bonds is $700000 and the issue price is $684250, we can calculate the discount on issuance to be,
Discount on bonds issuance = 700000 - 684250
Discount on bonds issuance = $15750
Answer:
The marginal benefit from selling the vane without restoring it is $200.
Explanation:
Marginal benefits are the extra income a company can get from selling one additional unit of production.
Zane had already spent $250 in purchasing the vane and the restoration process.
Zane has two options:
- Sell the vane as it is for $200.
- Keep restoring the vane, spend $200 more and sell the vane for $500.
If Zane decides to sell the vane as it is, his marginal benefit will be $200. That would not be enough to cover his costs, this transaction will result in a $50 loss.
If Zane decides to continue the restoration, then his marginal costs will be $200 extra, but his marginal benefit would be $500. If he chose this option he could end up earning a $50 profit.
