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3 years ago

Functions of the economic commission for Africa.

2 answers:

8 0

The ECA's key responsibilities include researching problems of African countries' economic and social growth, fostering African states' economic development, and improving their economic relations with one another and with other countries.

For more information about this topic, you can always check out: https://encyclopedia2.thefreedictionary.com/Economic+Commission+for+Africa#:~:text=The%20main%20functions%20of%20the,another%20and%20with%20other%20countries.

Hope this helps; have a great day!

timofeeve [1]3 years ago

4 0

Answer:

The main functions of the ECA include the study of problems of the economic and social development of the African countries, the promotion of the economic development of the African states, and the strengthening of their economic relations both with one another and with other countries.

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Is there a trade-off between standardization and innovation? how are the two related in most companies?

Dmitry_Shevchenko [17]

Standardization and innovation play critical roles in the development of goods and services. Standardization allows for a stabilized starting point in which to move forward and develop other goods and services which is related to innovation. Standardization provides stability, a known factor which can be relied upon, whereas innovation is riskier and may not come to be successful endeavor. However, like all risk, that is the payoff for the investment in innovation, for if the innovative good or service can be successfully brought to market, the dividends for a payout can be well worth it.

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3 years ago

Inacio Corporation uses the weighted-average method in its process costing system. Data concerning the first processing departme

e-lub [12.9K]

Answer:

Inacio Corporation

The cost per equivalent unit for materials for the month in the first processing department is closest to:

= $14.50

Explanation:

a) Data and Calculations:

Units Materials Conversion

Beginning work in process 2,300 $14,400 $6,500

Percentage of completion 75% 20%

Units started during the month 11,000

Total units available 13,300

Units transferred to the next 9,900 100% 100%

Ending work in process 3,400 90% 30%

Costs added during the month $173,500 $243,500

Equivalent units of production:

Units Materials Conversion

Units transferred to the next 9,900 9,900 (100%) 9,900 (100%)

Ending work in process 3,400 3,060 (90%) 1,020 (30%)

Equivalent units of production 12,960 10,920

Costs of production: Materials Conversion

Beginning work in process $14,400 $6,500

Costs added during the month 173,500 243,500

Total costs of production $187,900 $250,000

Cost per equivalent unit: Materials Conversion

Total costs of production $187,900 $250,000

Equivalent units of production 12,960 10,920

Cost per equivalent unit $14.50 $22.89

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3 years ago

Determining Financial Effects of Transactions Affecting Current Liabilities with Evaluation of Effects on the Debt-to-Assets Rat

tiny-mole [99]

Answer:

Accounts, Amounts, and Effects on the Accounting Equation:

Apr. 30 Assets increase (Cash +$876,000) = Liabilities increase(Promissory note payable (Commercial Bank) +$876,000) + Equity

June 6 Assets increase (Inventory +$98,000) = Liabilities increase (Accounts payable +$98,000) + Equity

July 15 Assets decrease (Cash -$98,000) = Liabilities decrease (Accounts payable -$98,000) + Equity

Aug. 31 Assets increase (Cash +$35,500) = Liabilities increase (Deferred Revenue +$35,500) + Equity

Dec. 31 Assets = Liabilities increase (Salary and wages payable +$63,000) + Equity decrease (Retained earnings (Salary and wages expenses) -$63,000)

Dec. 31 Assets = Liabilities increase (Interest payable +$49,640) + Equity decrease (Retained earnings (Interest Expense) -$49,640)

Dec. 31 Assets = Liabilities decrease (Deferred Revenue -$23,667) + Equity increase (Retained earnings (Security Service Revenue) +$23,667)

Explanation:

a) Data and Analysis:

Apr. 30 Cash $876,000 12-month, 8.50 percent, Promissory note payable (Commercial Bank) $876,000

June 6 Inventory $98,000 Accounts payable $98,000

July 15 Accounts payable $98,000 Cash $98,000

Aug. 31 Cash $35,500 Deferred Revenue $35,500

Dec. 31 Salary and wages expenses $63,000 Salary and wages payable $63,000

Dec. 31 Interest Expense $49,640 Interest payable $49,640 ($876,000 * 8.5% * 8/12)

Dec. 31 Deferred Revenue $23,667 Security Service Revenue $23,667

4 0

3 years ago

What is the return on common stockholdersâ equity based on the following: Beginning Common Stockholdersâ Equity: $10,317,000 End

Slav-nsk [51]

Answer:

13.28%

Explanation:

return on stockholders' equity = net income after taxes and preferred stock dividends / average stockholders' equity

net income = $1,429,000
preferred stocks dividends = 8,000 stocks x $75 x 6% = $36,000
average stockholders' equity = ($10,317,000 + $10,662,000) / 2 = $10,489,500

return on stockholders' equity = ($1,429,000 - $36,000) / $10,489,500 = 13.28%

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3 years ago

Suppose your firm has a u-shaped average variable cost curve and operates in a perfectly competitive market. if you produce whe

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Go app so so so so so do

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3 years ago

Functions of the economic commission for Africa.​

Functions of the economic commission for Africa.