Which of These Is the Most Advanced and Viable of Africa's

question 57

Multiple Choice

Which of these is the most advanced and viable of Africa's regional organizations?

• A) Economic Community of West African States
• B) African Development Bank
• C) Southern African Development Community
• D) Organization of African Unity
• E) Economic Community of Central African States

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Definitions:

Interest Expense

The cost incurred by an entity for borrowed funds, typically paid to lenders as interest on loans.

Breakeven Analysis

A calculation to determine the point at which revenue received equals the costs associated with receiving the revenue, indicating no net loss or gain.

Financial Leverage

The employment of loaned funds to boost the prospective earnings of an investment.

EBIT

A profitability metric that disregards interest and income tax expenditures, known as Earnings Before Interest and Taxes.