Answer:
1.81 percent
Explanation:
Your bank offers to pay a 40,000 line of credit with an interest of 1.75%
Your short term investments are paying 0.15% per month
Therefore the effective annual interest rate can be calculated as follows
= (short term investments/100 + 1)^12 - 1
= (0.15/100 + 1 )^12 -1
= (0.0015+ 1)^12 - 1
= 1.0015^12 - 1
= 1.0181 - 1
= 0.00181 × 100
= 1.81%
Hence the effective annual interest rate is 1.81 percent
China should seek assistance from the IMF or International Monetary Fund. According to the IMF, it works to nurture global growth and economic steadiness by providing policy, information and financing the members, by working with developing states to help them reach macroeconomic stability and decrease poverty. The basis for this is that private international capital markets function poorly and many countries have inadequate access to financial markets. Such market imperfections, together with balance-of-payments financing, offer the reasoning for official financing, without which many countries could solitary correct large external payment imbalances through actions with adverse economic consequences. Also, the IMF provides alternate sources of financing.
Answer:
A short-term activity that enhances or supports other IMC variables
Explanation:
Sales promotion is considered to be the short-term incentive for a trial that to be started or the purchase. It is the element of the promotional mix. It add the value or the incentive to the consumers, wholesalers etc in order to stimulate the instant sales
So as per the given situation, the first option is correct as it to be considered as the short term activity that support the variable of IMC
Answer:
defensive strategy.
Explanation:
Defensive strategy is defined as the techniques companies use to retain valuable clients that can be taken away by competition.
It is means a company takes to protect its market share and maintain profits.
Frank's reduction of his companie's location to two is a defensive strategy aimed at satisfying a smaller number of clients in a more competitive market.