<span>The Florida Department of Highway Safety and Motor Vehicles is composed of four divisions: Florida Highway Patrol which "promotes a safe driving environment through proactive law enforcement, public education, and safety awareness," Driver Licenses which "promotes safety on the highways by licensing qualified drivers, controlling and improving problem drivers, ensuring vehicle owners and operators are responsible for injuries and damages they may cause in a crash on Florida’s roadways, and maintaining records for driver evaluation," Motor Vehicles which "provides safety and consumer protection of property rights by ensuring motor vehicles, vessels, and mobile homes are properly titled and registered," Administrative Services, which "is responsible for the operation of all bureaus within the Division and oversight of all administrative functions of the Department including accounting, budgeting, purchasing, and facilities," and an Information Systems Administration which "offers support services to all divisions
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Answer:
True
Explanation:
A free trade agreement consists of deliberate actions by countries to increase the volume of trade between them by reducing trade barriers. A trade agreement entails a reduction or elimination of tariffs and other economic collaboration the encourage cross border trade.
A free trade agreement gives rise to a free trade zone. Goods and services move a lot freely in a free trade zone. There is an increased movement of capital and other factors of production between the two countries.
Answer:
Maximum initial cost would be $58,116,883.12
Explanation:
1,790,000 increased at 3%
Ke 0.119 + 0.02 = 0.139
ER 0.15
Kd(after-tax) Kd(1-t) = 0.047
DR 0.85
WACC 0.06080
Now that we have the rate, we calculate the present value using the gordon method
1,790,000 / (0.06080-0.03) = 58,116,883.12
