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2 years ago

Why are foreign mnes like ups seeking to invest in india?

1 answer:

4 0

The foreign MNC's like UPS seeking to invest in India because of the country's market potential, skilled workforce and political stability.

The foreign MNCs are investing in India because of cheaper production costs. India is a critical growth market for logistics giant United Parcels Service (UPS) as it aims to provide the predictable and reliable service to B2B domestic market through its new venture called MOVIN.

India's market potential, skilled workforce and political stability are the three key reasons that make India the favored destination for foreign investment. When compared to other countries India is a relatively cheaper place to conduct business.

Hence, these reasons attracts foreign investors towards India.

To learn more about MNC's here:

brainly.com/question/2846229

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Business writers prefer simple, informal words that are readily understood and less distracting than more difficult, formal word

Daniel [21]

Answer:

The statement is: False.

Explanation:

Business is one of the fields that require paperwork and reports to be transmitted seriously because of the type of information handled. Inflation rates, the annual Gross Domestic Product (GDP) or a country's economic policy are typical topics dealt in this field. For that reason, business writers must be formal without being afraid of using technical terminology where necessary.

5 0

3 years ago

A note payable was executed by Sterling Inc. to Miami Finance Company. Sterling Inc. used $768,000 of its accounts receivable as

denpristay [2]

Answer:

See all the entries below.

Explanation:

a. Record the entry for Sterling to record the secured borrowing.

The entries will look as follows:

Account Name Debit ($) Credit ($)

Cash (768,000 * 85%) 652,800

Note Payable 652,800

(To record the secured borrowing.)

b. Record the entries for Sterling to record (1) the collections and (2) the payment to Miami for the first month.

The entries will look as follows:

Account Name Debit ($) Credit ($)

Cash 504,320

Refund Liability 20,480

Accounts Receivable 524,800

(To record collection on receivables for first month.)

Interest Expense 4,480

Note Payable 499,840

Cash 504,320

(To record payment to Miami for the first month.)

c. Record the entries for Sterling to record (1) the collections for the second month and (2) the final payment to Miami.

The entries will look as follows:

Account Name Debit ($) Credit ($)

Cash 238,080

Allowance for Doubtful Debt 5,120

Accounts Receivable (w.1) 243,200

(To record collection on receivables for second month Interest.)

Expense 1,920

Note Payable 151,040

Cash (w.2) 152,960

(To record final payment to Miami.)

Workings:

w.1: Accounts Receivable = Amount of accounts receivable as collateral – Cash received from customer = $768,000 - $524,800 = $243,200

w.2: Cash = Loan - First payment for principal = $652,800 - $499,840 = $152,960

3 0

3 years ago

In comparison to salespersons at low performing organizations, salespersons at high performing organizations: Group of answer ch

JulsSmile [24]

Answer:

The correct answer is: spend more time with their best potential customers always work in teams

Explanation:

Salespeople from high-performance organizations differ from salespeople in low-performance organizations in that they focus on their best customers and develop teamwork.

This strategy of focusing on the potential customer consists of establishing relationship marketing.

That is, direct your efforts to build a relationship with the consumer, which is the key to creating value for a brand.

The creation of a relationship with the consumer consists of offering products and services totally aligned to their needs and desires, to offer a more personalized and effective service to increase the perception of the brand and position it in the market.

Teamwork is also essential in a high-performance organization, as it creates a positive organizational culture focused on the development of ideas, creativity and innovation, essential to offer an efficient and effective sales service.

7 0

3 years ago

In its first month of operations, McLanie Company made three purchases of merchandise in the following sequence: (1) 300 units a

Mila [183]

Answer:

the average unit cost: $7.917

Explanation:

I think your question is missed of key information, allow me to add in and hope it will fit the original one.

In its first month of operations, McLanie Company made three purchases of merchandise in the following sequence: (1) 300 units at $6, (2) 400 units at $8, and (3) 500 units at $9. Assuming there are 200 units on hand at the end of the period. Calculate average unit cost. (Round answers to 3 decimal places, e.g. 5.125.)

My answer:

Given:

1) 300 units at $6, (2) 400 units at $8, and (3) 500 units at $9.

<=> Total units = 300 + 400 + 500 = 1200 units

<=> Total cost: 300*$6 + 400*$8 + 500*$9

= $1,800 + $3,200 + $4,500

= $9500

As we know that, the average unit cost:

= Total cost / total units

=$9,500 ÷ 1,200 = $7.917

Hope it will find you well.

6 0

3 years ago

Tax return 12-59 assignment

Sonja [21]

What?

Explanation:

Good Luck

7 0

3 years ago