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MA_775_DIABLO [31]
3 years ago
5

Describe China’s strategy in Africa.

Business
1 answer:
Lemur [1.5K]3 years ago
8 0

Answer:

The strategy for China seems to be to use the resources that Africa has in its hands from the small groups that control parts of the continent in order to fund themselves as well as help increase revenue for the countries that allow them to do so.

Explanation:

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Heather Smith is considering a bond investment in Locklear Airlines. The $1,000 parvalue bonds have a quoted annual interest rat
gulaghasi [49]

Answer:

Price of the Bond is $868.82

Explanation:

Market Value of the bond is the present value of all cash flows of the bond. These cash flows include the coupon payment and the maturity payment of the bond. Price of the bond is calculated by following formula:

Market Value of the Bond = C/2 x [ ( 1 - ( 1 + r/2 )^-2n ) / r/2 ] + [ $1,000 / ( 1 + r/2 )^2n ]

Whereas

C = coupon payment = $110.00 (Par Value x Coupon Rate)

n = number of years = 7

r = market rate, or required yield = 14% = 0.14

P = value at maturity, or par value = $1,000

Price Value of the Bond = $110/2 x [ ( 1 - ( 1 + 14%/2 )^-2x7 ) / 14%/2 ] + [ $1,000 / ( 1 + 14%/2 )^2x7 ]

Price Value of the Bond = $55 x [ ( 1 - ( 1 + 7% )^-14 ) / 7% ] + [ $1,000 / ( 1 + 7% )^14 ]

Price of the Bond = $481.0+$387.82

Price of the Bond = $868.82

8 0
3 years ago
The Allowance for Bad Debts account has a debit balance of $ 7 comma 000 before the adjusting entry for bad debts expense. After
IgorC [24]

Answer:

$17,000

Explanation:

The amount of the Allowance for Bad Debts​ account after adjustment is shown below:

= Debit balance of Allowance for Bad Debts account + uncollectible accounts

= $7,000 + $10,000

= $17,000

The journal entry is also shown for better understanding

Bad debt expense A/c Dr  $17,000

  To Allowance for doubtful debts  $17,000

(Being bad debt expense is recorded)

7 0
3 years ago
Mark signs a periodic tenancy lease at the river's edge warehouse for one year. after the year expires, mark stays in the wareho
Evgesh-ka [11]
<span>Mark signs a periodic tenancy lease at the river's edge warehouse for one year. After the year expires, Mark stays in the warehouse and the landlord acquiesces. Mark has another one-year lease. Mark as another one-year lease because periodic tenancies automatically renew after the one-year for another unless notice was given. In the lease agreement there is a section which states the notice due date or timeframe it must be given in and the tenancy will terminate the lease at the expiration of the time period. </span>
7 0
3 years ago
In the Month of March, Digby received orders of 164 units at a price of $15.00 for their product Don, and in April receives an o
qwelly [4]

Answer:

Sales for March, 164 * 15 = $2,460

Explanation:

According to the accrual system, the purchases and sales are recorded when they occur. When compared to the cash basis, they are only recorded when actual cash is received or paid for them.

For March the transaction of 164 units has occurred and thus this sale will be recorded.

Sales for March, 164 * 15 = $2,460

This is the revenue recorded for March under accruals, for cash this would have been 0.

Hope that helps.

8 0
3 years ago
How are e-mailed cover letters different from paper cover letters? Why is there a difference?
Ira Lisetskai [31]

- E-mailed cover letters are made through digital computers while paper cover letters would be handwritten.  

- In general, paper cover letters would be seen as more personal that e-mail cover letter

There different situations when both type of cover letters can be used.

E-mailed cover letters are more appropriate to be used if the companies scanned your application using a software (most large companies that post their jobs on online sites usually use this)

Handwritten paper cover letters on the other hand, is more appropriate if you had some sort of personal connection with the employers.

8 0
3 years ago
Read 2 more answers
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