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natita [175]
2 years ago
8

Meredith inc. is a manufacturer of art supplies. the company has announced plans to enter into an equity strategic alliance with

jazz paper to develop a line of specialty papers for use with a line of specialty paints meredith manufactures. which of the following would be the accurate interpretation of this announcement?
a. meredith will own a majority equity stake in the new venture.
b. jazz will own a majority equity stake in the new venture.
c. meredith or jazz will own an equal equity stake in the new venture.
d. either meredith or jazz will own a majority equity stake, but we do not know which one based on the announcement.
Business
2 answers:
iren2701 [21]2 years ago
5 0

Answer:

D. Either Meredith or JaZz will own a majority equity stake, but we do not know which one based on the announcement.

Explanation:

Given the information/announcement on strategic alliance, it difficult to point out which of the two company will have a majority equity stake. So either the art company or the paper company will own majority equity stake but we cannot point out which of the two companies based on the announcement that was made concerning the alliance.

ss7ja [257]2 years ago
4 0

Answer:

d. either meredith or jazz will own a majority equity stake, but we do not know which one based on the announcement.

Explanation:

Meredith Inc announced that they are entering a strategic alliance with Jazz papert o develop a line of specialty papers for use with a line of specialty paints Meredith manufactures.

There is inference from this statement that an equity stake has been formed between the two companies but we cannot determine which of the companies will have majority equity stake.

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True

Explanation:

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6 0
2 years ago
What are some arguments in favor of raising the minimum wage? On the other hand, what are some arguments against raising the min
Ede4ka [16]

Answer:

Explanation:

The main argument in favor regarding increasing minimum wage is that a higher wage will result into an increase in the standard of living of the people. Furthermore, a rise in the minimum wage can help in lifting people out I poverty. Due to higher wages and salaries, workers will have more money to cater for their families and meet their needs. Lastly, an increase in the minimum wage means that the government can reduce its expenditures on helping the low income earners and can therefore invest the money in other critical sectors of the economy.

The arguments against raising the minimum wage is that it can lead to inflation. Inflation in the rise in the price for goods and services. When there's an increase in minimum wage, sellers may increase the price of goods as there'll be more money to spend by households. Also, it can lead to losses of jobs as employersay have to cut down cost on order to be able to increase the wages of some workers and thereby may result in some workers being laid off.

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3 0
3 years ago
The following information was available for the year ended December 31, 2019 Net sales Cost of goods sold Average accounts recei
Tom [10]

Answer:

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= Cost of goods sold / Average inventory for the year

= 642,400 / 210,000

= 3.06

b. Number of days' sales in inventory

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3 0
3 years ago
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Answer:

PV= $1,311.17

Explanation:

Giving the following information:

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Number of periods (n)= 25 years

Interest rate (i)= 5.5% compounded annually

T<u>o calculate the present value (PV), we need to use the following formula:</u>

<u></u>

PV= FV / (1+i)^n

PV= 5,000 / 1.055^25

PV= $1,311.17

6 0
3 years ago
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djyliett [7]
The right answer for the question that is being asked and shown above is that: "first six months. "<span>A business plan should generally project financial and operational aspects of the proposed business for the first six months.</span>
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