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4 years ago

Which of the following is most likely a motive of firms in the mining industry to enter new foreign markets?

Business

1 answer:

Bess [88]4 years ago

5 0

Answer:

c. access natural resources

Explanation:

The mining industry is involved in the extraction of minerals like coal and petroleum. These are resources that can't be created in an artificial way and that are non-renowable which is a great concern for this industry and they are always trying to find new places where they can extract these resources. Because of this, the answer is that the option that is most likely a motive of firms in the mining industry to enter new foreign markets is: access natural resources.

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What does dhhs stand for?

lesantik [10]

Department Of Health And Human Services

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3 years ago

Read 2 more answers

Long-term assets that are useful in the operations of a business, are not held for sale, and are without physical qualities. Dur

brilliants [131]

<u>Solution and Explanation:</u>

1 Amount of depletion, impairment and amortization for the current year

A Cost of timber rights on a tract of land $3,461,120

Estimated stand of timber 5,408,000

Cost of depletion per board feet (3461120 divided by 5408000) $0.64

Current year depletion charges for 1,028,300 board feet $658,112

B Impairment loss $3,640,000

C Cost of Patent $6,108,000

Estimated economic life 10 years

Amortization period 3/4

Amortization $(6108000 / 10 \text { year } \times 3 / 4)$ $458,100

2 <u>Adjusting entries </u>

Account Titles Debit Credit

a Depletion expense $658,112

Accumulated depletion $658,112

b Loss from Impaired Goodwill $3,640,000

Goodwill $3,640,000

c Amortization expense-Patents $458,100

Patents $458,100

3 0

3 years ago

The final step in the business process management approach is the ________ phase.

Ganezh [65]

The final step in the business process management approach is the continuous measurement phase.

Business process management (BPM) is a discipline that uses a variety of methods to discover, model, analyze, measure, improve, and optimize business processes. Business processes coordinate the actions of people, systems, information, and things to achieve business outcomes that support business strategy.

Business process management (BPM) follows a process. Design, analyze, improve, monitor, and optimize. The main goals of management are: Combine information for timely and easy access, analysis, and improvement. Automatically synchronize information entered into the system.

The need and benefits of business processes are evident in large organizations. Processes are the lifeblood of any business and help streamline activities and make optimal use of resources.

Disclaimer: Learn more about business management here

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3 0

1 year ago

Derek plans to retire on his 65th birthday. However, he plans to work part-time until he turns 75.00. During these years of part

ser-zykov [4K]

Answer:

Annual deposit= 13,346.55

Explanation:

Giving the following information:

Exactly one year after the day he turns 75.0 when he fully retires, he will begin to make annual withdrawals of $129,100.00 from his retirement account until he turns 94.00. After this final withdrawal, he wants $1.85 million remaining in his account.

He will make contributions to his retirement account from his 26th birthday to his 65th birthday.

Assume an 8.00% interest rate.

First, we need to calculate the amount of money needed at 65.

39 years*129,100 + 1,850,000= $6,884,900

We need to calculate the value at 65:

PV= 6,884,900/(1.08^10)= $3,189,040.85

We need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (3,189,040.85*0.08)/[(1.08^39)-1]= $13,346.55

8 0

3 years ago

As use of the Internet took off, car manufacturers were tempted to sell directly to consumers, but decided instead to continue t

Nat2105 [25]

Answer:

The correct answer is letter "C": B2B; B2C.

Explanation:

A Business-to-Business (B2B) approach implies companies dealing between them. Goods are provided from manufacturers to retailers for the commercialization of the product. The Business-to-Customers (B2C) approach, instead, takes place when companies directly offer the product to the final user involving an investment of the firm in customer service.

7 0

3 years ago