Answer:
The transfer of ownership, property or business from the government to the private sector is termed privatization. The government ceases to be the owner of the entity or business. The process in which a publicly-traded company is taken over by a few people is also called privatization.
The incorrect s<span>tatements regarding the federal income tax treatment of life insurance is </span>Entire cash surrender value is taxable.
Answer:
The North American Free Trade Agreements
Explanation:
The reason is that the free trade agreements eliminates the price escalation which is imposed by the other countries on importing these goods. So as a result the market becomes less attractive to the company because its product are not able to compete in that environment. The FTA helps organizations to use the resources of other countries with which the country has free trade agreements to lower its costs to compete competitors. The vital resource in Mexico is cheap labor cost and America has one of the best technologies in the world.
Answer: $34,502.85
Explanation:
The constant deposits are considered annuities.
The value at the end of 22 years is the future value of the annuity.
Future value of annuity = Annuity * ( (1 + rate)^number of years - 1 ) / rate
= 1,000 * ( ( 1 + 5%) ²² - 1) / 5%
= $38,505.21
Then subtract the future values of the deposits that your grandmother missed.
For the fifth birthday, the future value term will be 22 - 5 = 17 years
For the eleventh, the future value term will be 22 - 11 = 11 years
The amount in the account is:
= 38,505.21 - (1,000 * 1.05¹⁷) + (1,000 * 1.05¹¹)
= $34,502.85
Before government approves a merger, the company must be able to prove that the merger would lower costs and consumer prices or leads to a better product and service. A merger occur when a company joins another company or companies to form a single firm. Merger give companies the opportunity to pool their resources together and achieve better results in term of their products, services and also profits.