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.
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Answer:
The answer is Certificate Of Deposit.
Explanation:
A certificate of deposit (CD) refers to a product which is usually offered by banks and credit unions and which provides an interest rate premium based on the condition that the customer agrees to leave a lump-sum deposit untouched for a particular length of time.
Almost all consumer financial institutions offer certificates of deposit, but each bank can set its own peculiar certificate of deposit terms and conditions.
Answer:
The correct answer is: marketing expenses.
Explanation:
To begin with, the marketing expenses are those that the company must make in order to obtain a marketing program done such as publicity campaigns. Moreover, this type of expenses include every payment that the company would consider as marketing investment that can improve the development of the organization an its sales to the target audience, therefore that both the materials and the salaries whose goal is to create a marketing campaign will be consider and classified as marketing expenses.
Answer:
Difference: 20,170
<u>The actual total Cost of good sold </u>is 20,170 dollars higher than budgeted COGS
<u>At unit level,</u> is 3.69 higher.
Explanation:
<u></u>
<u>Budget COGS</u>
12.43 + 8.46 + 14.29 = 35.18
Budgeted sales units x COGS
16,000 x 35.18 = 562,880
<u>Actual COGS</u>
16.12 + 8.46 + 14.29 = 38.87
Actual sales x COGS per unit
15,000 x 38.87 = 583,050
Units difference: 38.87 - 35.18 = 3.69
Total Difference: 583,050 - 562,880 = 20,170
Answer:
$5,885,000
Explanation:
The formula for after tax salvage value is as follows;
AT Salvage value = Salvage - [(salvage - Book value )*(1-tax)]
Salvage = $6,600,000
Book value as of today = 22,000,000 *(1-0.75)
Book value = $5,500,000
tax = 35% or 0.35 as a decimal
Next, plug in the numbers to the AT Salvage value formula;
AT Salvage value = $6,600,000 - [($6,600,000 - $5,500,000)(1-0.35)]
= $6,600,000 - $715,000
= $5,885,000
