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Mekhanik [1.2K]
3 years ago
7

In 1992, the Enron Development Corporation, a subsidiary of the Houston-based energy company, signed a contract to build the lar

gest-ever power plant in India, requiring a total investment of $2.8 billion. After Enron had spent nearly $300 million, the project was canceled by Hindu nationalist politicians in the Maharashtra state where the plant was to be built. Which of the following are true?A. Subsequently, Maharashtra invited Enron to renegotiate its contract. B. The lack of an effective means of enforcing contracts in a foreign country is clearly a major source of political risk associated with FDI C. In an effort to pressure Maharashtra to reverse its decision, Enron "pushed like helr the U.S. Energy Department to make a statement in June 1995 to the effect that canceling the Enron deal could adversely affect other power projects. The statement only compounded the situation. The BJP politicians immediately criticized the statement as an attempt by Washington to bully India. D. All of the above
Business
1 answer:
AfilCa [17]3 years ago
3 0

Answer:

Option E is correct.

All of the above

Explanation:

This is an example of political risk since The current political party in Maharashtra-Shiv sena intervened and used Enron for its selfish interests. When US department of energy issued a statement that cancelling Enron could endanger other private FDI from USA, the same was again used to further its selfish interests. Finally Maharashtra renegotiated its contract with Enron.

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The following revenue and expense account balances were taken from the ledger of Wholistic Health Services Co. after the account
vova2212 [387]

Answer:

Wholistic Health Services Co.

Income Statement for the year end February 28, 2019

Service Revenue                           $270,900

Less: Supplies Expense                <u>$3,000    </u>

Gross Income                                  $267,900

Less operating Expenses:

Insurance Expense         $4,000

Depreciation Expense    $9,000

Miscellaneous Expense $6,000

Utilities Expense             $1,760

Rent Expense                  $4,200

Wages Expense              <u>$213,000</u>

                                                       <u>$237,960</u>

Net Income                                    <u>$29,940  </u>    

Explanation:

Income statement shows the performance of the company in a year. It provides the details of revenue, expenses and profits for the year. All the expenses are deducted from the revenue to determine the net earning of the business.

8 0
3 years ago
Suppose autos cost consumers $30,000 and trucks cost consumers $15,000. What contribution does the production of 200 autos and 2
alexgriva [62]

Answer:

the  contribution made to the production of 200 autos and 200 trucks is $9,000,000

Explanation:

The computation of the contribution made to the production of 200 autos and 200 trucks is shown below

Contribution to GDP is

= $30,000 × 200 + $15,000 × 200

= $6,000,000 + $3,000,000

= $9,000,000

Hence, the  contribution made to the production of 200 autos and 200 trucks is $9,000,000

6 0
3 years ago
It is advisable to spend less money on wants than you do on needs.true or false
aev [14]
True, you don’t want to spend more money on wants instead of needs because if you do you won’t have enough money for things that you really need.
5 0
3 years ago
Read 2 more answers
Products that appeal to mothers have evolved since mothers are no longer homogeneous like before. Instead, there are traditional
cupoosta [38]

Answer: Change in lifestyle

Explanation:

The lifestyle of current day mom's is very different from what was obtainable in the past, therefore manufacturers need to adjust their products to suit the new lifestyle of current day mom's. Lifestyle here means the behavior, likes and dislikes of current day mom's.

5 0
3 years ago
Read 2 more answers
Gillie, Taft, and Dall are partners in an accounting firm. The partnership agreement is silent about the payment of salaries and
devlian [24]

Answer:

Explanation:

The partnership agreement is silent about the payment of salaries and the division of profits and losses.

Profits should be divided based on capital invested by each

The capital investment by Gillie, Taft and Dall is 60000 : 120000 : 60000 Distribution has to be in ratio of 1:2:1

Total profits are 120,000, 1:2:1 ratio

The distribution will be Gillie $30,000, Taft $60,000 and Dall $30,000.

3 0
3 years ago
Read 2 more answers
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