Answer:
A favorable balance of trade; occurs when the value of a country's exports exceeds that of its imports. An unfavorable balance of trade; occurs when the value of a country's imports exceeds that of its exports.
Explanation:
Answer:
$2,000
Explanation:
The dividend here can be calculated using the following formula:
Dividend paid = (Closing Retained Earnings - Opening Retained Earnings + Profit for the year)
Here,
Closing Retained Earnings is $157,000
Opening Retained Earnings is $65,000
And
Profit for the year is $94,000
By putting values, we have:
Dividend paid = $65,000 + $94,000 - $157,000
= $2,000
Answer:
Present value investment = $98.05
Explanation:
given data
present value = $100
time 1 = 6 months = = 0.5 year
time 2 = 5 years
time 3 = 10 years
interest rate = 4 % = 0.04
to find out
Present value investment in 6 month for the rate 4 percent
solution
we get here Present value investment by as
Present value investment = present value ÷ ..............1
put here value and we get
Present value investment =
solve it we get
Present value investment =
Present value investment = $98.05