Answer:
The answer is: natural barrier
Explanation:
The Caucasus Mountains are a natural barrier since it interferes with travel and trade between country of Georgia and its northern neighbors. Other types of natural trade barriers are different languages and long distances.
The other two types of trade barriers are tariff barriers (taxes, etc.) and non-tariff barriers (e.g. import quotas, embargoes, etc.).
Answer:
$16,000
Explanation:
the journal entry to record this loan would be:
June 1, 2014, loan handed out to Horn
Dr Notes receivable 800,000
Cr Cash 800,000
on December 31, 2014, accrued interest receivable for November and December
Dr Interest receivable 16,000
Cr Interest revenue 16,000
interest revenue = $800,000 x 12% x 2/12 (Nov. + Dec.) = $16,000
Answer:
16.2%
Explanation:
using an excel spreadsheet or financial calculator, you can determine the internal rate of return (IRR) of the project:
initial outlay = -$1,500,000
NCF years 1 - 5 = $460,239
IRR = 16.20%
the internal rate of return of a project is the discount rate at which the project's NPV = 0. If you discount the five cash flows using 16.20%, then the present value = $1,500,000 which is equal to the initial outlay.
