Answer: Joint venture.
Explanation:
In a country that doesn't allow foreign companies to own businesses in them, a joint venture can be created between the foreign company and the local companies in order for the foreign company to have a presence in that country. A joint venture is a form of business formation that involves two or more seperate businesses coming together to form a business establishment, while each business maintains their individual identities.
Answer:
$14,000
Explanation:
Amount negotiated for services it would provide to the city in November = $14,000
Contract specifies amount received by brown in October = $4,000
Remaining amount received in next year January = $10,000
Total amount of income $14,000 will be recognized as a current year income because under the accrual method, the taxpayers must recognize their income, when the payment about to made and payment is received.
That's why $14,000 income will be recognized in this calendar year.
<span>Tim’s desire to demonstrate remorse for his sanctions as well as demonstrate his understanding of the consequences of his poor behavior. This promise is an example of Tim attempting to secure future employees within with his current organization. Tim is ultimately owning my up to a mistake like a true man.</span>
Answer:
WACC = ke(E/V) + Kd(D/V)
WACC = 15(0.40) + 9(0.60)
WACC = 6 + 5.4
WACC = 11.4%
Explanation:
WACC is a function of cost of equity multiplied by the proportion of equity in the capital structure plus cost of debt multiplied by the proportion of debt in the capital structure. The proportion of equity in the capital is expressed as E/V (0.40) while the proportion of debt in the capital structure is expressed as D/V (0.60).
Answer:
Option d Cost of goods sold $620; Ending inventory $180 is the correct answer.
Explanation:
Under the periodic FIFO or First In First Out of inventory valuation, we calculate the value of inventory available for sale and at the end of the period we calculate the cost of goods sold by taking the first purchased inventories to be the ones that are sold first.
Thus, under the FIFO method, the cost of goods sold comprises of the cost of inventories that were purchased first and the cost of ending inventory comprises of the cost of most recently purchased inventories.
Jan 1 Beginning Inventory ( 140 * 4) = 560
June 2 Purchase (80 * 3) = <u> 240</u>
Cost of goods available for sale = 800
On November 5, 160 units are sold. Out of these 160 units, under FIFO, 140 units are from the beginning inventory and the remaining 20 units from June purchases.
So, Cost of goods sold is,
COGS = 140 * 4 + 20 * 3
COGS = 620
Ending inventory = 800 - 620 = 180