<h3>International trade raises the standard of living in all trading countries.
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Explanation:
International trade is an inter country exchange of goods and services. Globally, exporting offers people and countries the ability to be exposed to goods and services that are not available in their nations, or that would cost more domestically.
Global trade allows countries to make more effective use of their resources–whether labor, technology or money. International trade usually enables countries to concentrate on those markets in which they can be most competitive and effective. In this way, international trade generally raises the standard of living of both producers and consumers.
Answer:
B. The cost of printing and distributing its annual report.
Explanation:
The FASB (Financial Accounting Standards Board) is a private, non-profit organization in the United States whose primary purpose is to establish and improve generally accepted accounting principles in the public's interest.
Under FASB, a mission Save Our Butterflies Foundation has been implemented to educate people regarding the conservation of butterflies. The cost of printing and distributing its annual report would be reported as a support expense by the Foundation.
Answer:
The principle balance after the first interest period, if the payment took place is $789,390.
Explanation:
First, we have to find out how much are you paying in interest, and since you have a 6% and the terms provided mention semi-annual installment payments, we have to turn that 6% compounded semi-annually to effective semi-annually (simply divide by 2) and that is 3%. That means that the interest ($) for 800K for the first period is equal to:
$800,000 x 0.03 = $24,000
After the first interest period, and assuming that the payment took place, the principal balance would be.
Initial Balance $800,000
Interest $ 24,000
(-) payment -$ 34,610
<em><u>Final balance $ 789,390 </u></em>
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You could do this with an amortization table, I made one for you, see the attached MS Excel file.
Best of luck.
Answer:
19 units per order
Explanation:
the formula to calculate economic order quantity (EOQ) is:
EOQ = √(2SD/H)
- S = cost per order
- D = annual demand
- H = holding cost per unit
EOQ = √[(2 x 850 x 14) / 65] = 19.14 units
in this case to obtain the lowest possible cost you must round down your answer to 18 units per order.
The EOQ can help you determine the minimum amount of units that you should order of a product in order to reduce inventory costs.
Answer:
x=0.25
Explanation:
Assuming that consumers value every non-defective car at $10,000 each, only defective used cars are for sale. Therefore, consumers value defective cars at $2,000.
The expected value of a new car is given by the defective new car rate (x) multiplied the defective value, added to the non-defective car rate (1-x) multiplied by the non-defective car value.
The fraction x is 0.25. That is, 25% of new cars sold are defective.
