This partnership is most likely to an Strategic Alliance.
Strategic alliance is an agreement between two companies to work on the mutually beneficial project while each of the company work independently.
It is done for expanding business in the new market, new product line or to compete with the competitor.
This allows companies to work collectively and share the profit earned. It helps in sharing knowledge, skills, saving the resources.
It may be for short period or long period depending upon the task to be accomplished.
Under this agreement, the responsibility of the each member is clearly defined.
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Formula for calculating GDP;
GDP = Consumption + Investment + Government spending/Expenditure + Exports - Imports
Y = C + I + G + XM
Y = 10.53 + 6.32 + 3.40 + 1.28 - 2.26
GDP = 19.27 Trillion Rupees
Answer:
1- B. Expense will be $140,000 and liability will be $250,000
2- d. $250,000
3- d. $250,000
Explanation:
The expense will be $140,000 which is calculated by year 1 and year 2 percent filled. The calculation is as follows:
Year 2 liability : $1,000,000 * 25% = $250,000
Year 1 liability : $1,000,000 * 11% = $110,000
Year 2 expense = $140,000.
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