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4 years ago

An american retail chain started doing business in india by forming a _____ with one of india’s leading business groups.

1 answer:

riadik2000 [5.3K]4 years ago

7 0

An american retail chain started doing business in india by forming a<u> "joint venture" </u>with one of india’s leading business groups.

A Joint Venture (JV) is a helpful endeavor went into by at least two business elements with the end goal of a particular task or different business movement. The purpose behind a joint endeavor is typically some particular task.

Joint ventures can be casual (a handshake) or formal, and they can be here and now or long haul. Regularly the joint endeavor makes a different business substance, to which the proprietors contribute resources, have value, and concede to how this element might be overseen.

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A proposed new investment has projected sales of $585,000. Variable costs are 44 percent of sales, and fixed costs are $187,000;

Tema [17]

Answer:

The projected Net Income is $70,784

Explanation:

The Pro- forma income Statement

Working Note:

Variable cost = Sales × 44%

= $585,000 × 44%

= $257,400

EBT (Earnings before Tax) = Sales - Variable cost - fixed cost - depreciation

= $585,000 - $257,400 - $187,000 - $51,000

= $89,600

Net Income = EBT × Tax rate

= $89,600 × 21%

= $70,784

8 0

3 years ago

20. Which of the following is not a difference between monopolies and perfectly competitive markets? a. Monopolies can earn prof

Naily [24]

Answer:

The correct answer is option c.

Explanation:

A perfectly competitive market has a large number of buyers and sellers. The firms are price takers and the price is determined by the market forces. Thus the monopoly firms face a horizontal demand curve. This horizontal line represents price, average revenue, and marginal revenue. The equilibrium is obtained where price, (average revenue and marginal revenue) is equal to marginal cost. There is no restriction on entry and exit of firms in the long run. That's why firms face a break-even in the long run.

While in a monopoly market there is a single firm. This firm fixes price higher than marginal cost. The demand curve of the monopoly is a downward sloping showing relatively elastic demand. A monopoly firm can earn profits in both the short run as well as the long run.

6 0

3 years ago

Heedy Winery accumulates the costs incurred in the labeling process in an activity cost pool. Costs for the labeling process are

klasskru [66]

Answer:

$80,000

Explanation:

The computation of allocation labeling expenses is shown below:-

Overhead rate = Labeling process cost ÷ Labels generated

$320,000 ÷ $640,000

= $0.5 per label

Allocation labeling expenses = Wine estimated bottles × Overhead rate

= $160,000 × $0.5

= $80,000

Therefore for computing the allocation labeling expenses we simply applied the above formula.

6 0

3 years ago

Lake Corporation reported the following amounts in its income statement: Sales revenue $ 440,000 Advertising expense 60,000 Inte

goldenfox [79]

Answer:

Lake's operating income is $120000

Explanation:

Operating income is the income generated by the operations of company less its operating cost. Another name that is used for operating income is Earnings before interest and tax (EBIT). The charges or income relating to non operating or financing activities is not included in the operating income and nor is the tax deduction included.

The formula for operating income = Sales - Cost of Sales - operating expenses.

The operating expenses here, are = Advertising + Salaries + Utilities

Thus, operating expenses = 60000 + 55000 + 25000 = $140000

The Operating Income = 440000 - 180000 - 140000 = $120000

3 0

3 years ago

Read 2 more answers

Windhoek Mines, Ltd., of Namibia, is contemplating the purchase of equipment to exploit a mineral deposit on land to which the c

grin007 [14]

Answer:

Windhoek Mines, Ltd.

The net present value of the proposed mining project is:

= ($232,950).

Explanation:

a) Data and Calculations:

Cost of new equipment and timbers = $500,000

Working capital required = $100,000

Annual net cash receipts = $120,000

Cost to construct new roads in three years = $40,000

Salvage value of equipment in four years = $65,000

Estimated useful life of mine = 4 years

Working capital released in four years = $100,000

Required rate of return = 20%

Cash Flows PV factor Present Value

Cost of new equipment and timbers $500,000 1 -$500,000

Working capital required 100,000 1 -100,000

Annual net cash receipts 120,000 2.589 310,680

Cost to construct new roads in 3 years 40,000 0.579 -23,160

Salvage value of equipment in 4 years 65,000 0.482 31,330

Working capital released in 4 years 100,000 0.482 48,200

Net present value ($232,950)

4 0

3 years ago