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3 years ago

A ________ may be desirable as a market entry strategy if one company does not have the necessary financial

Business

1 answer:

Maurinko [17]3 years ago

4 0

Answer:

Joint Venture

Explanation:

A joint venture is an arrangement of business in which two or more companies invest their Human or capital resources for a common goal (e.g. profit earning). It is an easy way to enter into a new market without any significant investment. One company does not have sufficient fund and operating in the target market. Other company want to capture the market. They both will join together by Joint venture for their mutual benefit.

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Aurora corporation operated without insurance coverage for the first month or operations then on February 1st the company paid t

Oksanka [162]

Answer:

$2200

Explanation:

The accrual basis recognizes revenues and expenses when the event warranting the income or expenditure occurs. In this case, the expenditure to be recognized is for the 11 months of insurance coverage.

For 24 months, the premiums are $4800. premiums for one month will be

= $4800/24

=$200

Premiums for 11 months

= $200 x 11

=$2200

4 0

3 years ago

When you make sure you are using up-to-date information, you are using _____ information.

Ghella [55]

When you make sure you are using up-to-date information, you are using current information.

5 0

3 years ago

Read 2 more answers

The following data pertain to an investment proposal (Ignore income taxes.): Cost of the investment$34,000 Annual cost savings $

MA_775_DIABLO [31]

Answer:

NPV = $5,926.226

Explanation:

The Net present value (NPV) is the difference between the Present value (PV) of cash inflows and the PV of cash outflows. A positive NPV implies a good and profitable investment project and a negative figure implies the opposite.

NPV = PV of cash inflows - PV of cash outflows

PV of annual savings= A× (1- (1+r)^(-n))/r

r- discount rate- 11%, n- number of years- 5, A- annual savings

= 10,000 × (1- 1.11)^(-5) )/0.11 = 36,958.97

PV of scrap value = F × (1+r)^(-n)

r- discount rate- 11%, n- number of years- 5, F- salvage value - 5,000

5,000× (1.11)^(-5)= 2,967.256

NPV = 36,958.97018 + 2,967.256 - 34,000

= 5,926.226

NPV = $5,926.226

3 0

3 years ago

What are the adjusting journal entries for each month (june, september, december, march)?

san4es73 [151]

Answer:

June 2019

Interest Expense $ 2,531.25 (debit)

Bank $ 2,531.25 (credit)

September 2019

Interest Expense $ 2,531.25 (debit)

Bank $ 2,531.25 (credit)

December 2019

Interest Expense $ 2,531.25 (debit)

Bank $ 2,531.25 (credit)

March 2020

Interest Expense $ 2,531.25 (debit)

Bank $ 2,531.25 (credit)

Explanation:

For each Month, Recognise an Expense - Interest and Also de-recognise the Asset - Cash as interest is being paid.

Interest Expense Calculation = 3/12×$225,000×4.5%

= $ 2,531.25

8 0

4 years ago

Mideast Airlines purchased a 777 aircraft on January 1, 2020 at a cost of

iren [92.7K]

Answer:

3,400,000 accumulated depreciation, 36,600,000 book value

Explanation:

Cost - salvage = amount to be depreciated

40,000,000-6,000,000=34,000,000 amount to be deprecated

34,000,000/20 years =1,700,000 depreciation per year

1,700,000x2-3,400,000 accumulated depreciation after 2 years

40,000,000-3,400,000=36,600,000 book value

8 0

3 years ago