arco steel, inc. generated total sales of $45,565,200 during fiscal 2010. depreciation and amortization for the year totaled $2,278,260, and cost of goods sold was $27,339,120. interest expense for the year was $9,641,300 and selling, general, and administrative expenses totaled $4,556,520 for the year. what is arco's ebit for 2010?
Answers
$9,641,300 was spent on interest during the year, while $4,556,520 was spent on selling, general, and administrative costs. EBIT for Arco in 2010 was $11,391,300.
EBIT is a crucial indicator of a company's operational effectiveness. It demonstrates how much money a company makes from its core operations because indirect costs like taxes and interest on debts are not included.
Total Sales = 45,565,200.00
Cost of goods sold = 27,339,120.00
Gross profit = Total Sales - Cost of goods sold
= 45,565,200.00 - 27,339,120.00
= 18,226,080.00
EBIT = Gross profit - Depreciation & amortization - Selling, General & administrative expenses
= 18,226,080.00 - 2,278,260.00 - 4,556,520.00
Depreciation & amortization = 2,278,260.00
Selling, General & administrative expenses = 4,556,520.00
EBIT = 11,391,300.00
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Related Questions
taylor what happened
Answers
Answer:
whos taylor?
Explanation:
i dont know anyone named taylor so...
Answer:
do fish get thristy? this is a assignment for health
global fdi flows ____ significantly in ____ due to _____.
Answers
The correct option is A ; Decreased; 2008; the global recession , Foreign Direct Investment (FDI) flows document the value of cross-border transactions connected to direct investment over a specific time period, often a quarter or a year.
Financial flows include equity trades, earnings reinvestment, and intercompany loan transactions.
According to extant research on FDI inflows, the most prevalent variables of FDI inflows include market size, market expansion rate, trade liberalization, exchange rate, business clustering effects, political stability, good governance, tax incentives, labor availability and cost, labour productivity.
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Full Question ;
Global FDI flows ____ significantly in ____ due to _____.
- decreased; 2008; the global recession
- decreased; 2010; increasing regulations
- increased; 2008; the global expansion
- increased; 2010; decreasing regulations
what is not an advantages of being an entrepreneur?
Answers
Answer:
Lots of effort and risk for possibility of loss
Explanation:
Entrepreneurs stake their money and time into a business that has the possibility to not be successful or even fail, losing them money. Employees get paid by a business up until it runs out of money and lets them go, then they're done working. A business owner has to put their money into payroll, product, equipment, a lease, licenses and fees, then put a lot of time into the business, and they don't make any money until the business does (unless they pay themselves first from gross reciepts, which generally means the business is either raking it in or will be out of business by the end of its creditor's next billing cycles)
Contrast this to being an employee of a business, where you recieve pay for your work, health insurance, pto, 401k or a pension. The only reason you start a business is because you are willing to put in a lot of time an effort in hopes of making money and take a chance of losing it all. Hopefully you don't lose it all and after a few years you make a lot of money. But most small businesses fail within 3 years.
1: "How did Great Buy handle the return?" asks Sam.
"They promptly sent us two replacement monitors on October 10, as soon
as we returned the damaged ones," Monique replies. "And on October 28,
they sent us an invoice for the entire order. We paid them with a check that
same day."
Monique shows Sam the invoice from Great Buy, which reflects the two
replacement monitors that Berthold's received after returning the damaged
ones and asks him to process it for payment.
DESCRIPTION
Computer monitors (original order, $350 x 8)
Computer monitors (replacements, $350 x 2)
TOTAL:
AMOUNT
8 of 12
$2,800
$700
$3,500
What information would be recorded in the Accounts Payable ledger, which
had a previous balance of $2,800?
Answers
The resulting balance in the Accounts Payable ledger after these transactions would be a credit balance of $300 (i.e., $2,800 credit balance - $700 debit + $3,500 credit).
Why it is?
Based on the information provided, the following transactions would be recorded in the Accounts Payable ledger:
A credit entry for the original order of 8 computer monitors for $2,800, which was the previous balance in the ledger.
A debit entry for the two replacement monitors received on October 10, for a total of $700.
A credit entry for the payment made by Berthold's with a check on October 28, for the total amount due of $3,500.
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1.18 Read the following extract and answer question 1.18-1.19.
SA agri posts trade surplus in Q2 despite ongoing Covid challenges
The agriculture sector was able to operate during the various lockdown periods due to it being considered an essential service. Weather also came to the party and allowed for an excellent agriculture season which saw record crops across most commodities with the grain and oilseed crop topping 17.07 m tonnes which is almost 2% higher year-on-year.
Despite logistical challenges, the sector managed to move hefty quantity of produce to the rest of the world with the second quarter of 2021 recording a trade surplus of USS1.5m which is 40% ahead of the same period in 2020 . Then follows a 36% year-on-year spike in total agriculture exports in quarter two of 2021 at USS3.2bn, bringing the total 1H2021 export value to USS6.1bn which is 30% higher year-on-year...
The overall good export revenue was underpinned by strong export demand despite the Q2. Rand exchange rate appreciation of 6% quarter-on-quarter and 21% relative to the second quarter at R14.09/ USS. The average exchange rate appreciation for the first half of 2021 was a whopping 13% relative to the same period in 2020 ...
1.18 From the above extract, it can be concluded that South Africa trades in agricultural products with the rest of the world because of...
a) absolute advantage b) investment in the global economy c) trade tariffs d) comparative advantage
1.19 : As evident in the extract, the United States Dollar South African Rand exchange rate is...
a) A fixed exchange rate b) A floating exchange rate c) A real exchange rate d) A net exchange rate
Answers
1.18 South Africa trades in agricultural products with the rest of the world because of its comparative advantage. 1.19 The United States Dollar South African Rand exchange rate is a floating exchange rate.
1.18 The correct answer is d) comparative advantage. The extract mentions that South Africa trades in agricultural products with the rest of the world despite logistical challenges, indicating that the country has a comparative advantage in producing and exporting agricultural goods.
1.19 The correct answer is b) A floating exchange rate. The extract mentions the Rand exchange rate appreciation relative to the US Dollar in percentage terms, indicating that the exchange rate between the two currencies is floating and subject to market fluctuations.
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shaw industries, a giant carpet manufacturer, increases its control over raw materials by producing much of its own polypropylene fiber, a key input to its manufacturing process. this is an example of creating value by using
Answers
Shaw Industries' decision to produce its own polypropylene fiber is an example of creating value through vertical integration.
By bringing the production of a key input in-house, Shaw is able to increase its control over the supply chain and reduce its reliance on external suppliers.
This allows the company to better manage costs and ensure a consistent supply of materials for its manufacturing process.
Furthermore, by producing its own polypropylene fiber, Shaw is able to customize the material to meet the specific needs of its carpet manufacturing process.
This can lead to improved product quality and differentiation in the market. In addition, by vertically integrating and owning the production of the polypropylene fiber, Shaw is able to capture more of the value created throughout the supply chain, which can increase profitability.
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In preparing a company's statement of cash flows using the indirect method, the following information is available:Net income $ 52,000Accounts payable decreased by 18,000Accounts receivable increased by 25,000Inventories increased by 5,000Depreciation expense 30,000Net cash provided by operating activities was:
Answers
Answer:
Statement of cash flows using the indirect method
Net income $52,000
Adjustments to net income:
Depreciation expense $30,000Increase in accounts receivable ($25,000)Increase in inventories ($5,000)Decrease in accounts payable ($18,000) ($18,000)net cash flow provided by operating activities $34,000
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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On January 2, The Public Legal Clinic issued Check 2108 for $370 to establish a petty cash fund. Indicate how this transaction would be recorded in a cash payments journal.
Answers
To create the petty cash fund, make the following journal entry: debit Petty cash fund account ($430), credit cash account ($430).
What is petty cash fund?A petty cash fund's main objective is to give business units enough money to pay for small expenses. The purpose is to make it easier for staff workers and visitors to get reimbursed for little expenses like taxi rides, postage, office supplies, and other things that often don't cost more than $25.00.
The data can also come from of the petty cash fund. Add up all of the expenses that are mentioned on each petty cash vouchers in the petty cash fund. This sum should be deducted from the calculated cash withdrawal amount. The outcome ought to be 0. There is an excess of cash in the fund if there is a residual balance.
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Bart works as an accountant for Good Times Restaurant. He is responsible for not only keeping the books current but also for making daily bank deposits for Good Times. Bart has been struggling financially, so he decides to put some of the daily bank deposits for Good Times into his personal account, instead of the bank account of Good Times. Every day, for one month, he takes ten percent of the cash receipts from Good Times and deposits them into his personal checking account. When the manager of Good Times discovers what Bart is doing, she contacts the police, and Bart is arrested. Bart can be found guilty of:____.
a. Robbery.
b. Larceny.
c. Hacking.
d. Embezzlement
Answers
Is it better to create a product that benefits society or create a product that consumers want?
Answers
Answer:
Benifits society
Explanation:
In the age of social media, e-mail marketing as a sales technique has virtually dried up. True or False?
Answers
The given statement, "In the age of social media, e-mail marketing as a sales technique has virtually dried up" is false because while social media has certainly become a popular platform for sales and marketing, e-mail marketing is still widely used and effective in reaching and engaging with customers.
E-mail marketing remains a relevant and effective sales technique in the age of social media. In fact, e-mail marketing continues to be one of the most valuable tools for businesses to reach and engage their target audience.
E-mail marketing offers several advantages, including:
Direct and Personalized Communication: E-mails allow businesses to communicate directly with their audience in a personalized manner. By segmenting their email lists and tailoring messages to specific customer segments, businesses can deliver targeted and relevant content, which can lead to higher engagement and conversions.Cost-Effective and Measurable: E-mail marketing is a cost-effective marketing method compared to traditional advertising channels. It allows businesses to track open rates, click-through rates, and conversion rates, providing valuable data to measure the effectiveness of campaigns and make improvements.Customer Relationship Building: E-mail marketing provides an opportunity to build and nurture relationships with customers. Through regular and valuable communication, businesses can stay top-of-mind, provide useful information, and engage customers with promotions, updates, and personalized offers.Automation and Personalization: With advanced email marketing tools, businesses can automate campaigns, set up personalized triggers, and send targeted messages based on customer behavior and preferences. This automation and personalization help enhance the customer experience and drive better results.While social media offers its own benefits and plays a significant role in marketing strategies, e-mail marketing remains a valuable and effective sales technique that continues to deliver results for businesses. It is important for businesses to integrate different marketing channels, including both social media and e-mail marketing, to create a comprehensive and effective marketing strategy.
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help i cant figire these out
lol tell me where this from
also if u like anime, what your favourite?
Answers
Answer:
levi from attack on titan
Explanation:
Diamond Construction is an owner-managed entity with contracting revenues of $20 million in 2023. As
construction is a labour-intensive industry, one of Diamond's largest expense accounts is labour and wages. You
are a first-year auditor at Klein and Partners. You have been given the following information regarding the
entity's payroll process for hourly employees at Diamond Construction:
1. The owner-manager is the only person who can authorize the hiring of a new employee.
2. When a new employee is hired, the payroll clerk prepares a new employee package that includes:
• safety orientation
• tax forms
benefits plan enrolment
3. Only the payroll manager has the ability to update the employee master list. This can only be done once the
tax forms, a void cheque with direct deposit information, and the owner's approval have been received. All
forms need to be returned before the payroll manager will update the payroll master list and add any new
employees.
4. Hourly employees are paid biweekly.
5. Hours worked are tracked on time cards. Supervisors fill in the time cards for each individual day and
initial each of the time cards, noting the hours worked.
6. At the end of the pay period, time cards are provided to the payroll clerk, who compiles the total hours
worked and codes the hours to the appropriate job number. Once compiled, the payroll clerk enters the
hours worked per person in the payroll system.
7. The accounting system prepares the direct deposit information based on the rates of pay maintained in the
payroll master list (listing of all authorized staff and approved wage rates). It also calculates the
withholding taxes.
8. This information is transferred to the bank and a record of the transmission is printed and attached to the
front of the payroll run.
9. The payroll module is integrated with the general ledger. The payroll clerk prepares and posts the journal
entry to the payroll expense accounts.
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[3:04 PM, 8/3/2022] Fariya Idrees: 4. Hourly employees are paid biweekly.
5. Hours worked are tracked on time cards. Supervisors fill in the time cards for each individual day and
initial each of the time cards, noting the hours worked.
6. At the end of the pay period, time cards are provided to the payroll clerk, who compiles the total hours
+
worked and codes the hours to the appropriate job number. Once compiled, the payroll clerk enters the
hours worked per person in the payroll system.
7. The accounting system prepares the direct deposit information based on the rates of pay maintained in the
payroll master list (listing of all authorized staff and approved wage rates). It also calculates the
withholding taxes.
8. This information is transferred to the bank and a record of the transmission is printed and attached to the
front of the payroll run.
9. The payroll module is integrated with the general ledger. The payroll clerk prepares and posts the journal
entry to the payroll expense accounts.
10. Pay stubs with payroll details are given to the supervisors for distribution.
11. If an employee is terminated, Diamond just stops paying them as they no longer have time cards submitted.
12. When an employee has been promoted or their job classification has changed, the supervisor will verbally
communicate this to the payroll manager, who will then update the payroll master file. Therefore, source
documentation in employee files will only relate to an employee's original job classification. The rationale
for this was that most job classification changes would only result in an additional dollar or two per hour
paid to the employee.
Required
a. Identify the control strengths of the payroll process at Diamond Construction. For each strength, identify
what the test of that control could be.
b. Identify the control weaknesses of the payroll process at Diamond Construction. For each weakness,
identify the implications of the weakness and recommend how to improve it.
PLEASE ANSWER PART B ASAP THANKS YOU
Answers
Control weaknesses increase the risk of payroll errors, inaccurate payments, and potential fraudulent activities. It also undermines the integrity and reliability of the payroll process, which can impact employee morale and trust in the company.
1. Lack of segregation of duties: The payroll clerk has the ability to update the employee master list, compile total hours worked, and enter hours into the payroll system. This lack of segregation of duties increases the risk of errors or fraudulent activities going undetected.
2. Manual time card tracking: Supervisors fill in the time cards for each day and initial them, noting the hours worked. This manual process is susceptible to errors or manipulation.
3. Lack of documentation for job classification changes: When an employee's job classification changes, there is no source documentation in their employee file. This lack of documentation increases the risk of errors or misunderstandings regarding pay rates
Recommendations to improve the weaknesses: Diamond Construction should implement the following measures:
1. Segregate duties: Assign different individuals to handle tasks such as updating the employee master list, compiling hours worked, and entering hours into the payroll system. Implement a review process to ensure accuracy and detect any errors or irregularities.
2. Implement automated time tracking: Replace manual time card tracking with an automated system that accurately records and tracks employee hours. This will reduce the risk of errors and fraudulent time entries.
3. Document job classification changes: Establish a formal process to document and communicate job classification changes. Maintain accurate records of changes in employee files and ensure that payroll calculations are based on the correct job classifications.
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Calculate the return on investment for an advertisement from the given data. Net sales is $1,000, and advertising cost is $50.
Answers
Answer:
2,000 %
Explanation:
Return on investment for an advertisement = Sales / Advertisement Cost x 100
therefore,
Return on investment for an advertisement = $1,000 / $50 x 100
= 2000 %
Are savings account and deposit account the same thing?
Answers
carmen wants to open her own coffee shop. she has narrowed down a list of wholesale retailers and their cost per pound of coffee beans. whole sale company cost per lb. café con leche $8.50 beans brothers $7.50 colombian co. $11.25 turkish coffee company $6.25 which company has the comparative advantage in cost per pound of coffee? café con leche beans brothers colombian co. turkish coffee company
Answers
Turkish Coffee Company has the comparative advantage in cost per pound of coffee at $6.25. They offer the lowest price among the listed wholesale retailers.
This means that Carmen would benefit the most by purchasing coffee beans from Turkish Coffee Company to minimize her costs and maximize her potential profit margin. By selecting the supplier with the lowest cost, Carmen can secure a competitive advantage and potentially offer more affordable pricing or higher profit margins in her coffee shop. Comparative advantage refers to the ability of a producer or company to produce a good or service at a lower opportunity cost compared to others. In this case, Turkish Coffee Company has the lowest cost per pound of coffee beans at $6.25, indicating that they can produce coffee beans more efficiently or at a lower cost compared to the other wholesale retailers. By choosing Turkish Coffee Company as her supplier, Carmen can take advantage of their cost advantage to reduce her expenses and potentially offer competitive pricing or higher profit margins in her coffee shop.
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Suppose the wage rate is $25 per hour and the rent on capital is $50 per hour. the equation for the isocost line is given by:_______
Answers
Suppose the wage rate is $25 per hour and the rent on capital is $50 per hour. The equation for the isocost line is given by: C = 75LK.
Wage rates are based on output or number of hours worked. For example, sales representatives receive commissions based on the number of sales. Conversely, an hourly worker receives a fixed amount for each hour spent on the job.
The normal payout rate is the “actual” payout rate as defined in the relevant award, including overcompensation where applicable. The normal wage rate, as stated in this contract, means the hourly wage received during a normal 40-hour workweek.
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Please help this is the final.
Identify a minimum of two ways companies compete for your money. In a minimum of five sentences each, explain in what way each of those tactics has been proven to be successful.
Answers
Answer:
here's your answer below
Explanation:
Sorry something went wrong
.
Answer:
They compete by giving better bundels or lowering prices.
Explanation:
They do that because people usually want a better price so if their the same thing then someone would want to go to a store with cheaper options.
paid Rs 1,00,000 to so Mrs Shakya as an advance to purchase office furniture.
It's journal voucher.....
Answers
Answer:
Dr. BE Mrs shakya, advance for furniture and fixtures
Cr. NRB
what is the most difficult level of market screening analysis based on the accessibility and subjectivity of the data?
Answers
Micro-level analysis is the most challenging in terms of data accessibility and subjectivity in market screening analysis.
The most difficult level of market screening analysis based on the accessibility and subjectivity of the data is the micro-level analysis, which involves gathering detailed and specific data at an individual level and making subjective judgments based on customer insights.
Micro-level analysis requires collecting data on individual customers, market niches, or specific locations. This level of analysis involves understanding customer preferences, behavior, and purchasing patterns, which can be challenging to obtain and subjective in nature. It often requires conducting surveys, interviews, or observational studies to gather insights.
The accessibility of micro-level data can be a significant hurdle. Obtaining granular data at an individual level may involve significant efforts, costs, and time. It may require engaging with a small sample size or relying on third-party data sources, which may not fully capture the specific market dynamics.
Additionally, micro-level analysis involves a high degree of subjectivity. Understanding and interpreting individual customer preferences and motivations can be complex.
It requires a deep understanding of cultural, social, and psychological factors that influence consumer behavior. Interpreting and translating these insights into actionable market strategies involves subjective judgments and interpretations.
Subjectivity also arises from the variability and uniqueness of individual customer preferences. Customer behavior and preferences can change over time and may differ among individuals. This variability adds complexity and uncertainty to the analysis.
In summary, the micro-level analysis poses challenges in terms of data accessibility and subjectivity. Obtaining detailed data at an individual level and making subjective judgments based on customer insights make it the most difficult level of market screening analysis.
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The impact of discrimination behaviour to an individual
Answers
Answer:
Discrimination affects people's opportunities, their well-being, and their sense of agency. Persistent exposure to discrimination can lead individuals to internalize the prejudice or stigma that is directed against them, manifesting in shame, low self-esteem, fear and stress, as well as poor health.
Explanation:
the magnitude of operating leverage for perkins corporation is 4.5 when sales are $100,000. if sales increase to $110,000, profits would be expected to increase by what percent? a. 4.5% b.14.5% c.45% d.10%
Answers
It would be anticipated that the profit would rise by 45%. The appropriate response to the given question is option (c).
What is Operating Leverage?The percentage of a company's cost structure that is made up of fixed expenses as opposed to variable costs is measured by operating leverage. A corporation is said to have more operating leverage if its fixed expenses are higher than its variable costs.
Magnitude of operating leverage= 4.5
Old sales= $100000
New sales= $110000
Percentage increase in sales:
(New-old)/old = (110,000-100,000)/100,000
= 10%
Consequently, a percentage rise in profit might be anticipated:
sales percentage growth times the degree of operational leverage
= 10% * 4.5
= 45%
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The Art Institute, a school for training artists to be financially self-sufficient, has a debt-to-equity ratio of 120 percent. This means the school has:
Answers
Since Art Institute have a debt-to-equity ratio of 120%, it means that the school has more debt than the equity.
Debt to equity ratio is a financial ratio used to measure the degree of which a company is financing its operations through its debt and the owned funds.
The Debt to equity ratio calculated through Total liabilities / Shareholder equitySince the Debt to the Equity ratio is 120%, that means that the debt is higher in value than the Shareholder's equity funds.
Therefore, in conclusion, the ratio of 120% means the school has more debt than the equity.
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A CARTEL IS DEFINED AS A FORMAL ORGANIZATION OF PRODUCERS THAT AGREE TO COORDINATE PRICES & PRODUCTION.
OPEC is an organization that comprises the world's most important oil-producing nations.
Research this and explain how OPEC fulfills the characteristics of a cartel.
Answers
Answer:
cartel - an agreement by a formal organization of producers to coordinate prices and production
Explanation:
Who are the OPEC plus countries?
Currently, the Organization comprises 15 Member Countries – namely Algeria, Angola, Congo, Ecuador, Equatorial Guinea, Gabon, IR Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates and Venezuela.
Member: Iran, Iraq, Ecuador
Place founded: Baghdad
Name the one sport in which neither the spectators nor the participants know the score or
the leader until the contest ends.
Answers
Answer:
Boxing
Explanation:
Materials derived from natural resources clearly defines which of the following?
A.Processed goods
B.Raw goods
C.Finished goods
D.Intangible goods
Answers
Answer:
B.Raw goods
Explanation:
Natural resources are useful materials extracted from the earth for use in the production of other goods. The extracted materials are refined into final products or used as raw materials to make other goods. For example, gold and oil are extracted and refined into marketable products. Water and wood are raw materials used in producing paper.
Natural resources come from nature. They are extracted raw and processed into other products or used as raw materials to produce other goods.
Do you believe that Nelson Mandela was born a leader or made a leader?
Answers
Answer:
I believe he was born a leader
Explanation:
Because he stood up for his people and made whatever deal so that his people can be free and live a normal peace way
2. suppose that toyota sells yen-denominated bonds in new york. what type of debt instrument would that be?
Answers
No, if sold in Tokyo, it wouldn't be regarded as a Eurobond. It would be regarded as a Eurobond if sold in New York.
They'd be regarded as Eurobonds. In order to construct a railroad network in the nineteenth century, the US economy borrowed extensively from the British. They'd be regarded as Eurobonds. In order to construct a railroad network in the nineteenth century, the US economy borrowed extensively from the British. A new kind of bond on the global financial market is the eurobond. It is the kind of bond that is valued in a different currency than the one of the nation in which it is purchased. For instance, a bond sold in the US and denominated in British pounds qualifies as a Eurobond.
This Yen-denominated bond is being offered in Japan, and as the Yen is also the currency of Japan, it is not a Eurobond. Since the US currency is not the yen, if the identical bond is sold in a US market like New York, it will be regarded as a europound.
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Today netflix is primarily focused on _____________, the default option for consumers.
Answers
Today netflix is primarily focused on digital distribution , the default option for consumers.
Netflix
Netflix, Inc. is a Los Gatos, California-based subscription streaming service and production company. It was founded on August 29, 1997, in Scotts Valley, California, by Reed Hastings and Marc Randolph. It provides a library of films and television shows through distribution agreements as well as its own works, known as Netflix Originals. It is available worldwide except Mainland China, Syria, North Korea, and Russia.
Netflix's scalability in DVD-by-mail is built on three advantages where the company's size outstrips all competitors: the size of the company's distribution network, the size of the company's client base.
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