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natita [175]
3 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]3 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]3 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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Amy has a card shop. She receives a shipment of Valentine's Day cards in December 2011 made by a card manufacture in that month.
Firdavs [7]

Answer:

The contributions of these transactions is a reduction to GDP by $500 in 2011 and an increase in GDP by $800 in 2012.

Explanation:

GDP is the abbreviation for gross domestic product which is the monetary value of all finished products (goods and services) made within a country during a specific period (usually a year). In the determination of a country's GDP, imports are subtracted while exports or sales are added.

Therefore considering that Amy received a shipment of Valentine's Day cards in December 2011 paying a total of $500 and sold all the cards for a total of $800 in February 2012, the contributions of these transactions is a reduction to GDP by $500 in 2011 and an increase in GDP by $800 in 2012.

6 0
3 years ago
Jorge considers himself a risk-averse person. He takes the opportunity to switch to a new job where there are two possible outco
Lunna [17]

Answer:

Jorge is not risk-averse

Explanation:

Risk averse means to reluctant to take risk

Since theres a 80% chance that Jorge will get laid off and end up with a job that will pay him $10000 less is very risky instead where he'll earn $30000 where the chance is 20% that he'll get the job.

5 0
3 years ago
Mazeppa Corporation sells relays at a selling price of $28 per unit. The company's cost per unit, based on full capacity of 160,
ella [17]

Answer:

a. $20.00

b. $28,75

Explanation:

Find the total incremental costs to satisfy the special order and add $2.00 profit (because we are aiming for a profit not to just break-even).

<u>Calculation of Total Incremental Unit Costs</u>

Direct materials                                          $6 .00

Direct labor                                                 $4.00

Variable Overheads (2/3 × $9)                  $6.00

Shipping Cost                                             $2.00

Total Incremental Unit Cost                      $18.00

<em>Add</em> Profit Element                                     $2.00

Unit Selling Price for the Special Order  $20.00

In this case no changes will occur on fixed overheads, hence it is irrelevant.

<u>Calculation of Desired Net Operating Income</u>

Sales ($28 × 160,000 units)                                     $4,480,000

Less Product Costs :

Direct materials ($6 .00 × 160,000 units)                 ($960,000)

Direct labor ($4.00 × 160,000 units)                        ($640,000)

Variable Overheads ($6.00 × 160,000 units)          ($960,000)

Fixed Overheads ($3.00 × 160,000 units)               ($480,000)

Current Operating Income                                       $1,440,000

Add Desired Increase in Operating Income               $60,000

Desired Operating Income                                      $1,500,000

Unit Profit = $1,500,000 ÷ 160,000 units

                  = $9.375

Unit Profit = Unit Selling Price - Total Unit Costs - Unit Incremental Profit

therefore,

Unit Selling Price = Unit Profit  + Total Unit Costs + Unit Incremental Profit

                             = $9.375 + $19.00 + $0.375

                             = $28,75

5 0
3 years ago
An aging of Lily Company’s accounts receivable as of December 31 revealed the following. Amount % Uncollectible Current $20,000
lana66690 [7]

Answer:

What is BAD DEBT EXPENSE for THIS year?

4000

Explanation:

Aging    

Current          20000 2% 400

1-30                  50000 4% 2000

31-60         30000 7% 2100

Over 60         10000 25% 2500

   

                            7000

Allowance bad debts   3000

Expense                    4000

4 0
3 years ago
Which of the following is NOT one of the 5 typical sources of competitive pressures? Select one: a. The power and influence of i
allochka39001 [22]

Answer:

a. The power and influence of industry driving forces

Explanation:

As per Michael Porter, there exist five competitive forces that influence competition in an industry. The five forces as per Porter are:

  • Potential entrants
  • Industry competitors
  • Customers
  • Substitutes
  • Suppliers

Potential entrants refers to the risk of new entrants in the market.

Industry competitors refers to the extent of rivalry and competition between existing firms.

Customers relate to the negotiating or bargaining power of the customers and to what extent they exercise such power.

Substitutes refer to the emergence of substitute products in the market which may drive down a firm's sales.

Suppliers relate to the bargaining power exercised by suppliers with respect to inputs.

7 0
3 years ago
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