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larisa86 [58]
2 years ago
14

What is the world's largest free trade area?

Business
2 answers:
allsm [11]2 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]2 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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Currently, you owe the bank $9,800 for a car loan. The loan has an interest rate of 7.75 percent and monthly payments of $310. Y
Ostrovityanka [42]

Answer:

It will extend the loan for 15.83 months = 16 more months.

Explanation:

We need to calcualte the difference in time between one option and another:

Original Loan:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C  $310.00

time n

rate 0.0064583 (0.0775annual rate / 12 month per year)

PV $9,800

310 \times \frac{1-(1+0.0064583)^{-n} }{0.0064583} = 9800\\

We rearrenge and solve as much as we can:

(1+0.0064583)^{-n}= 1-\frac{9800\times0.0064583}{310}

(1+0.0064583)^{-n} = 0.79583439

Now, we solve using logarithmics properties:

-n= \frac{log0.795834387096774}{log(1+0.0064583)}

35.47385568

Now we calcualte with the new terms:

C  $225.00

225 \times \frac{1-(1+0.0064583)^{-n} }{0.0064583} = 9800\\

(1+0.0064583)^{-n}= 1-\frac{9800\times0.0064583}{225}

(1+0.0064583)^{-n}= 0.71870516

-n= \frac{log0.718705155555555}{log(1+0.0064583)}

51.30909653

Last step, we solve for the difference:

51.30 - 35.47 = 15.83 = 16 more months

7 0
3 years ago
Potash Corporation acquired the voting stock of Safestyle Company on January 1, 2019 for $50 million. Safestyle's book value at
Vika [28.1K]

Answer: A. $53,300,000

Explanation:

Year 2019 balance for Investment

= Cash + Net income - amortization

Net income = Beginning retained earnings 2020 - Beginning retained earnings 2019

= 11 - 8

= 3 million

Balance 2019 = 50 + 3 - 1

= $52 million

Year 2020 balance

= Opening balance + Net income - amortization

= 52 + 1.8 - 0.5

= $53.3 million

= $53,300,000

4 0
2 years ago
The _____ stage of the product life cycle is characterized by rapid market expansion as more and more customers, stimulated by m
4vir4ik [10]

Answer:

Growth Stage

Explanation:

The growth stage of the product life cycle is characterized by rapid market expansion as more and more customers, stimulated by mass advertising and word of mouth, make their first, second, and third purchases. In growth stage sales starts rising rapidly, average cost per customer, profits starts rising as well, early adopters buy products, competitors starts increasing in number. Main aim of any firm in this stage is to maximize market share. Brands need to offer product extension. Price needs to be set to penetrate the market.

8 0
3 years ago
Havermill Co. establishes a $250 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated recei
kenny6666 [7]

Answer:

Given that,

Petty cash fund on September 1 = $250

Office Supplies = $73

Merchandise inventory = $137

Miscellaneous expenses = $22

Fund has a balance = $18

When Petty Cash fund is reimbursed,

the expenses incurred through Petty Cash are recorded by debiting those expense.

Therefore, all the expenses incurred to be debited from the accounts.

Hence, the journal entry to record the reimbursement of the fund on September 30 includes a debit of Office Supplies for $73.

5 0
3 years ago
This business pays income taxes on the sales of its products each year.<br> This is:
coldgirl [10]

Explanation:

what is the question??

5 0
3 years ago
Read 2 more answers
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