Answer:
52358.4
Explanation:
four quarters multiplied by 3 years plus the rate of return
For Starbucks, gaining access to local market knowledge is the main advantage of entering new markets like Japan and China via a joint venture.
After concentrating solely on the North American market for a considerable amount of time, Starbucks decided to branch out internationally.
A joint venture in Japan was Starbucks' first international expansion outside of the United States and Canada. Sazaby, Inc., owners of upmarket retail and restaurant businesses, was contacted by Starbucks. The 50/50 agreement was reached after carefully weighing Starbucks' and Sazaby's shared values, cultures, and community-development objectives. On the board of directors of the recently established Starbucks Coffee Japan, the two businesses were equally represented. Starbucks Coffee Japan achieved profitability more than two years before schedule in the fiscal year 2000. Starbucks has also faced many problems while entering Chinese market mainly due to licensing.
Learn more about Starbucks international expansion here:
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Answer:
c) a firm does not have sufficient time to change the level of use some of its inputs.
Explanation:
The definition of short-run in economics is not a term to be used for a specific certain period of time but it means that the period of time is too short that the firms cannot change the level they are using of some of their inputs or costs. It means they do have fixed costs they cannot change. For example, all machinery installed, a yearly rent paid, electricity or others that the firm cannot change unless there is sufficient time. In a short period of time, it will have those costs anyway. The firm cannot change the level of that input. And it is short run of at least one input. It may be many. But it is not necessary to have all inputs unchanged to consider that period of time as short-run.
However, firms can change level of inputs if they have more time. That is cost the long run. All costs are variable costs when we are in long run.
Answer: liability to a commercial bank
Explanation:
A checking account is referred to as a form of bank account where the account owner can deposit and withdraw at ease.
It should be noted that a checking account is considered to be a liability to a commercial bank because the money can be withdrawn at any time by the owner of the account.
<span> interest rates are high
</span><span>. if the interest rates are high you are paying a lot more to borrow money, and you would have the best chance to have the variable rate be lower in the future </span>
