Answer:
D) It is more economical for Baurisians to import meat than grain.
Explanation:
The argument states that meat consumption in Baurisia is steadily increasing while domestic production is not.
There are two alternatives:
- import more grains to feed more animals and produce more meat (the argument favors this option),
- or simply import more meat.
But if importing meat is cheaper than importing grains, then there is no need to import more grains in order to feed animals and later get meat from them, you just simply and directly import meat.
Answer:
........................Income Statement for the month of June...............................
Service Revenue.....................................................................$5,544
Less Expenses
Rent Expense .................................................$440
Utilities Expense.............................................$220
Salaries and Wages Expense......................$880
Gasoline Expense...........................................<u>$88</u>
Total Expenses .........................................................................(<u>$1,628)</u>
Net Income (Loss).............................................................$3,916
Service revenue = Services performed on the 5th + Services performed on the 20th
= 4,224 + 1,320
= $5,544
Answer: Contract are mostly prevalent in the Union jobs which are the jobs in which employees are represented by an organizations which act as an intermediary between the employees and their employers.
This is done in order to ensure that employees are protected from future inevitable inflation that may come unexpectedly as it usually does.
Answer:
C). I, II, and IV only
Explanation:
The Association of Southeast Asian Nations (ASEAN), the European Union (EU), and the North American Free Trade Agreement (NAFTA) are bodies that promote trade and economic cooperation among member countries. They are treaties that aim are accelerating economic and social integration by eliminating or minimizing restrictions on the movement of people and commodities across borders.
Opec is an association of oil-producing countries. Its objective is to have similar oil policies in member countries. Opec is a cartel-like group that aims at controlling international oil prices.
Answer:
Buster Norton and the Bonds of San Francisco Opera Company
If Mr. Norton purchases three of these bonds today, in 10 years from today at maturity, he will receive:
= $6,000.
Explanation:
a) Data and Calculations:
Face value of each zero coupon bond purchased = $2,000
Number of bonds purchased by Norton = 3
Value of bond investments at maturity = $6,000 ($2,000 * 3)
Maturity period of the San Francisco Opera Company bonds = 10 years
Annual Yield to Maturity of similar bonds in the market = 12%
From an online financial calculator:
Present value of bonds = $1,932 (with each as $644 ($1,932/3))
N (# of periods) 10
I/Y (Interest per year) 12
PMT (Periodic Payment) 0
FV (Future Value) -6000
Results
PV = $1,931.84
Total Interest $4,068.16
