A company is assessing opportunities in the BRIC countries and determines that India is one of the youngest populations in the world and is increasingly adopting global attitudes.
Explanation:
The BRIC classification acronym refers to the nations of Brazil, Russia, India and China that are perceived to be developing nations working their way towards becoming developed nations during a similar stage of newly established economic growth.
India is among the youngest people worldwide with such a median age of 26.7 years. Her young people are becoming more and more urban, residing in growing cities and shopping in malls.
There is a shortage of modern facilities and structures to handle India's retail environment. India's population, especially in technical fields, is highly skilled.
Answer:
The answer is public limited companies
Explanation:
Public limited company (PLC) is a terminology used in commonwealth nations to refer to limited liability company whose shares are available to the general public. In the US and other countries, a PLC is referred to as corporation. PLC's shares can be acquired by any person through trading in the stock market or an initial public offer.
A PLC or corporation can be listed or not listed on a stock exchange. Under law, a PLC is supposed to publish its true financial position so that shareholders can know the worth of the shares they hold.
Answer: Price inelastic.
Explanation:
In Denver as described in the question the demand for water is price inelastic as it doesn't change regardless of changes in price of water. An item is said to be price inelastic if the demand remains the same regardless of price rise or fall of that item.
Answer:
Results are below.
Explanation:
Giving the following information:
Purchase price= $80,360
Salvage value= $7,910
Useful life= 7 years
<u>To calculate the annual depreciation, we need to use the following method:</u>
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (80,360 - 7,910) / 7
Annual depreciation= $10,350
<u>2022:</u>
Annual depreciation= (10,350/12)*2= $1,725
<u>2023:</u>
Annual depreciation= $10,350