Answer:
Joint venture
Explanation:
Typically , joint venture is formed in order to:
- Pursue a new emerging market
To pursue an emergency market, two companies who operate in a similar industry can join their resources to face off larger competitors. Even though they might lose a little bit of control over the business, the profit that obtained from beating their competitors might be enough to cover the inconvenience
- increase the efficiency of their operation
Sometimes, companies also create a join venture because both parties involved have infrastructure that complement each others. Rather than purchasing new assets, creating a joint venture might be a cheaper option.
- Reduce the Risk of the operation
Creating a joint venture will also cut of the percentage of the profit that each parties initially obtain. But, the risk from potential loss will also be divided between each parties involved in the joint venture.
True. it is to find out if you are eligible for the job.
Answer:
c) $20,000.
Explanation:
The computation of the estimated ending inventory is shown below:
We know that
Cost of goods sold = Beginning inventory + purchase made - ending inventory
And, the
Sales - gross profit = Cost of goods sold
$100,000 - $100,000 × 30% = Cost of goods sold
So, cost of goods sold would be
= $100,000 - $30,000
= $70,000
Now the ending inventory would be
$70,000 = $18,000 + $72,000 - ending inventory
$70,000 = $90,000 - ending inventory
So, the ending inventory would be
= $90,000 - $70,000
= $20,000
Savings: 35 <span>$
now she has: 35 - 7 = 28 </span><span>$
35 -> 100 %
28 -> x%
35 * x = 28 * 100
35x = 2800
x = 2800 / 35
x = 80
her current savings </span>equals 80% of her <span>previous balance.</span>
