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3 years ago

What is the world's largest free trade area?

Business

2 answers:

allsm [11]3 years ago

8 0

Answer:

The world's largest free trade area, encompassing 54 countries and 1.2 billion people, the African Continental Free Trade Area will bring the promise of trade-led economic growth closer to reality for Africa's entrepreneurs, industrialists, investors, innovators and service suppliers.

sorry if it wrong

Elan Coil [88]3 years ago

4 0

Answer: free market

Explanation:

The free market is where all the stocks are shared, The answer is free market!

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The manager of a cost center has the responsibility for making decisions affecting ______.

Yuki888 [10]

The manager of a cost center has the responsibility for making decisions affecting revenues and costs.

Revenue is the full earnings produced with the aid of a given source a belongings predicted to yield a big annual revenue. Revenue refers to the overall earnings a enterprise generates through its middle operations like income of services or products, rents on a property, routine payments, hobby on borrowings, and many others. revenue calculations come before getting rid of any prices, which include discounts and returns.

Cost denotes the quantity of money that a corporation spends at the creation or production of products or offerings. It does now not consist of the markup for profit. From a seller's point of view, cost is the amount of money that is spent to supply a very good or product. Fee is defined as to be priced at something or to lose. An instance of cost is for a loaf of bread to be priced at $3. An instance of value is to give up your freedom to offer freedom to any other man or woman.

Learn more about revenue here:- brainly.com/question/25623677

#SPJ4

6 0

2 years ago

Kier Company issued $700,000 in bonds on January 1, Year 1. The bonds were issued at face value and carried a 4-year term to mat

mezya [45]

Answer: Interest expense = $45500

Cash outflow = $45500

Explanation:

Based on the information that were given in the question, the amounts of interest expense and cash flows from operating activities, that will be reported in the financial statements for the year ending December 31, Year 1 will be calculated thus:

Interest expense = $700,000 × 6.50%

= $700,000 × 0.065

= $45500

The interest expense of $45500 will be reported on December 31, Year 1 in the income statement and will also be reported in the cash outflow as well. Therefore,

Interest expense = $45500

Cash outflow = $45500

5 0

3 years ago

Jen's Fashions is growing quickly. Dividends are expected to grow at a 19 percent rate for the next 3 years, with the growth rat

Sedaia [141]

Answer:

Ans. Current Share Price=$33.85

Explanation:

Hi, we first have to establish the dividend for the first 3 years and the dividend when the growth rate falls off to a constant rate of 8% with the formula to find the present value of a perpetuity with constant growth rate. From there, we need to bring all the above cash flows to present value and that is the price of the share. The formula is as follows.

$Price=\frac{D1}{(1+r)^{1}}+\frac{D2}{(1+r)^{2} } +\frac{D3}{(1+r)^{3} } +\frac{D3(1+g)}{(r-g)} \frac{1}{(1+r)^{3} }$

To find D1, D2,and D3, we have to do this.

D1=Do(1+0.19)

D2=D1(1+0.19)

D3=D2(1+0.19)

Since 0.19 is the growth rate for 3 years. Everything should look like this

$Price=\frac{4.04}{(1+0.12)^{1}}+\frac{4.29}{(1+0.12)^{2} } +\frac{25.52}{(1+0.12)^{3} } +\frac{25.52(1-0.08)}{(0.12+0.08)} \frac{1}{(1+0.12)^{3} } =33.85$

notice that the sign of the last part do not coincide with the formula, that is because the growth rate from the first 3 years is -8%.

Best of luck.

7 0

4 years ago

Describe the typical costs of a retiree. HURRY!!!!!! HURRY!!!!!HURRY!!!!!!!!

djverab [1.8K]

Hello there,

A typical cost of a retirement would be the following:

Perhaps the "Car of the year".

Smaller House/Smaller apartment.

Hope this helps.

~Jurgen

3 0

4 years ago

Read 2 more answers

The economy of Baruchville contains 2000 $1 bills. 1. If people hold all money as currency, what is the quantity of money? 2. If

julia-pushkina [17]

Answer:

a) $2000

b) $2000

c) $2000

d) $20000

e) $11000

Explanation:

a) If people hold all money as currency:

Quantity of money = 2000 × $1 bills = $2000

b) If people hold all money as demand deposits and banks maintain 100% reserves:

Quantity of money = 2000 × $1 bills = $2000

c) If people hold equal amounts of currency and demand deposits and banks maintain 100% reserves

Since they are 2000 $1 bills and people hold equal amounts of currency and demand deposits and banks maintain 100% reserves, the 2000 $1 bills would be divided into two parts, one part for demand deposits and the other part for currency.

Therefore, demand deposits = 1000 × $1 bill = $1000

Currency = 1000 × $1 bill = $1000

Quantity of money = Currency + demand deposits = $1000 + $1000 = $2000

d) If people hold all money as demand deposits and banks maintain a reserve ratio of 10%.

Reserve ratio (r) = 10% = 0.1

Since people hold all money as demand deposits:

Therefore, demand deposits = 2000 × $1 bill × 1/r = $2000 × 1/0.1 = $20000

Quantity of money = Demand deposits × 1/r = $2000 × 1/0.1 = $20000

e) . If people hold equal amounts of currency and demand deposits and banks maintain a reserve ratio of 10%

Reserve ratio (r) = 10% = 0.1

Therefore, demand deposits = 1000 × $1 bill × 1/r = $1000 × 1/0.1 = $10000

Currency = 1000 × $1 bill = $1000

Quantity of money = Currency + demand deposit = $1000 + $10000 = $11000

6 0

4 years ago