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lakkis [162]
2 years ago
10

As the Chief Financial Officer for a metal refinery, Kaylee disagrees with using a turnkey strategy to enter into the Asian mark

et. She is concerned that the company will not benefit from a long-term interest and could lose financially if the market proves to be successful. What is one way the metal refinery could get around this concern
Business
1 answer:
denpristay [2]2 years ago
4 0

Answer:

Take a minority equity interest in the operation.

Explanation:

Multiple Choice

a) Sell competitive advantage to competitors.

b) Agree to import another product from the Asian market.

c) Take a minority equity interest in the operation.

d) Withhold vital process technology from the local firm.

e) Establish a franchise operation.

A turnkey strategy is a market entry position where the project is built from the ground up and turned over to the client ready to go – turn the key and the plant is operational. This is a very good way to enter foreign markets as the client is normally a government. While when one takes a minority equity interest they do not have the votes to control the operations and finances of the the company’s business.

Kaylee, the Chief Financial Officer for a metal refinery, Kaylee reasons that the company doesn't have longterm interest in the Asian market advises to take a minority equity interest in the operation in order not to lose financially.

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For Sunland Co., beginning capital balances on January 1, 2020, are Nancy Payne $18,900 and Ann Dody $24,000. During the year, d
natita [175]

Answer and Explanation:

The preparation of the partner capital statement and the owner equity section is presented below:

<u>Partner capital statement </u>

<u>Particulars           N. Payne        Ann Dody         Total</u>

Beginning

balance                $18,900          $24,000           $42,900

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Balance left           $10,200       $18,800              $29,000

Add: Net income

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ending balance       $24,550    $33,150             $57,700

Now the balance sheet is

<u>Sunland Co,</u>

<u>Partial balance sheet</u>

<u>Dec 31,2020</u>

<u>Owner capital</u>

Partner capital balance    $29,000

Add: Net income              $28,700

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7 0
2 years ago
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Alex17521 [72]

Answer:

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(b) Received cash for providing a service.

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Explanation:

(a) The company acquire an assets but to do so; it take a liability. In the future it will be forced to pay the credit given today

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Kobotan [32]

Answer:

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kirill115 [55]

Answer:

Explanation:

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5 0
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