Answer:
The correct answer is B. may change as time passes and circumstances
Explanation:
The concept of comparative advantage is one of the basic foundations of international trade. It assumes as decisive the relative costs of production and not the absolute ones. In other words, countries produce goods that have a lower relative cost compared to the rest of the world.
Answer:
3 years
Explanation:
The computation of the time period is shown below
Present value of annuity = Annuity × [1 - (1 + interest rate)^-time period] ÷ rate
$2,000 = $734.42 × [1 - (1.05)^-n] ÷ 0.05
$2,000 = $14,688.4 × [1-(1.05)^-n]
1-(1.05)^-n = ($2000 ÷ $14,688.4)
(1.05)^-n = 1 - ($2000 ÷ $14,688.4)
( 1 ÷ 1.05)^n = 0.86383813
Now take the log to the both sides
n × log(1 ÷ 1.05) = log0.86383813
n = log0.86383813 ÷ log (1 ÷ 1.05)
= 3 years
Answer:
Bribery
Explanation:
they must decide whether to pay bribes or find alternative sources of supplies
Answer: B. There is $19,000 available for additional investments.
Explanation:
Cash Receipts both Estimated and available
= Beginning balance + budget receipts
= 6,000 + 81,000
= $87,000
Cash payments
= 44,000 + 34,000 + 15,000
= $93,000
Additional financing required = Cash receipts - Cash payment - minimum cash balance
= 87,000 - 93,000 - 13,000
= -$19,000
