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-Dominant- [34]
3 years ago
8

________ policies refer to government programs designed to exploit natural comparative advantage by increasing production of a f

ew export goods most closely related to a country's resource base.
Business
1 answer:
Setler [38]3 years ago
5 0

Answer:

Primary-export-led development

Explanation:

Primary-export-led development policies refer to government programs designed to exploit natural comparative advantage by increasing production of a few export goods most closely related to a country's resource base.

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Discount loan. ​ Up-Front Bank uses discount loans for all its customers who want​ one-year loans. ​ Currently, the bank is prov
xxTIMURxx [149]

Complete Question:

Discount loan. Up-Front Bank uses discount loans for all its customers who want one-year loans. Currently, the bank is providing one-year discount loans at 7.9%. What is the effective annual rate on these loans? If you were required to repay $205,000 at the end of the loan for one year, how much would the bank have given you at the start of the loan? If you were required to repay $205,000 at the end of the loan for one year, how much would the bank have given you at the start of the loan? $Џ (Round to the nearest dollar.)

Answer:

Up-Front Bank

a. The effective annual rate on these loans = 8.58%

b. The amount would have given $188,805.

Explanation:

a) Data and Calculations:

Discount on loans = 7.9%

Effective annual rate on the loans = 7.9%/(100% - 7.9%)

= 7.9%/92.1%

= 0.0858

= 8.58%

b) Amount to be repaid to the bank = $205,000

Amount given after the discount is deducted = $205,000 * 0.921

= $188,805

Amount deducted as interest = $16,195 ($205,000 * 7.9%)

Check:

Effective interest rate = $16,195/$188,805 * 100 = 8.58%

c) Up-Front Bank's discount loan does not require the payment of interest or any other charges.  Instead, these are deducted upfront from the face amount of the loan before it is given out.  The implication is that the receiver of the loan receives less than the face value.  In determining the effective interest rate, the discount amount is divided by the actual loan amount received, multiplied by 100.

6 0
2 years ago
What is an operating agreement for an llc
Rina8888 [55]

Answer: The explanation are as follows:

Explanation:

A LLC Operating Agreement is a legal report that blueprints the proprietorship and member obligations of your Limited Liability Company. This understanding enables you to set out the monetary and working relations among entrepreneurs ("individuals") and among members and supervisors.

A operating agreement sets out every one of the terms and conditions consented to by the individuals in a limited liability company (LLC). In this archive, each conceivable possibility is incorporated, to ensure the proprietors in a variety of circumstances.

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3 years ago
Which risk management handling technique is an action that reduces either the likelihood?
FrozenT [24]

The ideal definition of risk mitigation is "a strategy that is an action that minimizes either the possibility of risk occurrence and/or its impact."

In order to reduce, monitor, and control the likelihood or impact of unpleasant events or to optimize the realization of possibilities, Risk mitigation, involves the identification, evaluation, and prioritizing of risks. This is followed by the coordinated and efficient use of resources.

Risk mitigation, like risk reduction, involves taking measures to lessen the detrimental consequences of risks and disasters on company continuity (BC). Cyberattacks, weather-related disasters, and other potential sources of real or imagined harm are examples of threats that could endanger a business.

Learn more about Risk mitigation here

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6 0
1 year ago
Sigma Corporation applies overhead cost to jobs on the basis of direct labor cost. Job V, which was started and completed during
finlep [7]

Answer:

$3,000

Explanation:

Predetermined Overhead rate = Total estimated overhead cost  / Allocation base

Predetermined Overhead rate = Total estimated overhead cost/Total estimated labor cost * 100

Predetermined Overhead rate = 6,000/8,000 * 100

Predetermined Overhead rate = 0.75 * 100

Predetermined Overhead rate = 75%

Overhead cost to be added to Job W at the year-end = Direct labor cost for Job W * Predetermined overhead rate = $4,000 * 75% = $3,000

6 0
3 years ago
When a contingent event that may give rise to a future loss is likely to occur, it is said to be
telo118 [61]

When a contingent event that may give rise to a future loss is likely to occur, it is said to be contingent liability.

A contingent liability is a possible loss that could arise due to an event in the future. Such losses are regarded as probable losses or could also be said to be reasonably possible losses

Examples of  contingent liability that has the probability of happening in the future is a lawsuit or the warranties from a product.

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7 0
3 years ago
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