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garri49 [273]
3 years ago
5

When a company invests in a foreign firm, and holds active ownership of the firm, then the company is said to be in a joint vent

ure with the foreign firm. T/F
Business
1 answer:
Irina18 [472]3 years ago
8 0

Answer: TRUE

Explanation: JOINT VENTURE is a business agreement whereby two or more entities share the ownership, expense, return on investments, profit, control etc. To gain a positive synergy from their competitors.

It can between private entity, public entity or a foreign entity.

It allows risk and return associated to an investment or business to be shared among the parties as agreed

It can be for a long or short period of time

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If you begin investing at age 25 instead of age 20, how much more do you need to invest per month to have $1M at retirement?
DanielleElmas [232]

The logic behind saving for retirement is that the earlier one begins saving for retirement, the lesser amount they will have to save monthly. From the graph given, the answer to how much more you need to invest per month to have $1M at retirement is;

  • $140

Assuming a 6% investment on return, the individual will have to save $360 monthly to have $1,000,000 at the retirement age of 67.

If he, however, waits till the age of 25 to begin saving, he will have to save $500 which is $140 more than he would have saved from the age of 20.

So, to save less per month, you need to start at an early age.

Learn more here:

brainly.com/question/5837034

8 0
2 years ago
Which of the following is a characteristic of both the sales approach for service-type warranties and the expense approach for a
user100 [1]

Answer: Unearned warranty revenue

Explanation:

Unearned warranty revenue is usually shown as an unearned revenues in the accrued liabilities during the preparation of the balance sheets.

It should be noted that the unearned warranty revenue is a characteristic of both the sales approach for service-type warranties and the expense approach for assurance-type warranties.

3 0
3 years ago
Beginning inventory, purchases, and sales for Item Widget are as follows: Mar. 1 Inventory 200 units at $8 9 Sale 175 units 13 P
Rzqust [24]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Mar. 1 Inventory 200 units at $8

Mar. 9 Sale 175 units

Mar. 13 Purchase 160 units at $9

Mar. 25 Sale 150 units

Assuming a perpetual inventory system and using the first-in, first-out (FIFO) method

Cost of goods sold= 25 units*$8 + 125units*9= $1325

Ending inventory= 35units* 9= $315

5 0
3 years ago
A good way to remind agitated drivers that nobody's out to get them is to:
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This made me me laugh :D ( C )
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When cash outflows temporarily exceed cash inflows, banks are most likely to experience:
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C. a negative duration on it's assets.
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