Africa has started exporting products that are not common in their country. These are vegetables and fruits which do not normally grow in Africa. The country has started exporting fruits and vegetables like snow peas, globe artichoke, Brussel sprout, passion fruit and pineapples to the European Nation. They were able to get money from this because these products have very high value in these countries.
Development is the term that refers to the continuous process by which individual changes during life.
Answer:
D
Explanation:
Seems to be the most applicable answer.
Answer:
Depreciation amount has to be added back to the annual income because it is a non cash expense.
Project 22A
Depreciation = 242,000 / 6 years
= $40,333.33
Annual income = 40,333.33 + 16,890
= $57,223.33
IRR using Excel is:
= 11%
Project 23A
Annual income = 20,710 + 271,500 / 9 years
= $50,876.67
IRR = 12%
Project 24A
Annual income = 15,700 + 283,000 / 7 years
= $56,128.57
IRR = 9%
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<em>Note: Look at the formula bar to see how IRR was calculated. </em>
Answer: availability heuristic
Explanation: Heuristic is simply a mental strategy used to quickly form judgments, make decisions, and find solutions to complex problems.It describes an approach to problem solving, learning, or discovery that employs a practical method nit guaranteed to be optimal or perfect; not following or derived from any theory. A product specialist who bases a decision not to launch a new product based on her recent failure with another product offering is an example of availability heuristic. It relies on information that comes to mind quickly when it comes to making judgment or decision about relative risk or danger. our brains rely on a number of different strategies to make quick decisions. Availability heuristic is then, a mental shortcut that helps individuals make quick, but sometimes incorrect, assessments.
