Answer:
The answer is:
B) In a joint venture, the company shares risks, costs, and management with partners.
Explanation:
Some of the advantages of a joint venture are:
- You can increase your profit at a low cost
- Joint ventures are flexible enterprises
- If you affiliate with a well known brand you can get immediate recognition
- Shared costs, expenses, benefits, risk and management
- You get to share the know how of your affiliate company
Answer:
A) True
Explanation:
The Homestead strike was a combination of both a company lockout (the company didn't allow workers to work) and a union strike (where the workers did't want to work). It was a power struggle between one of the darkest and sinister monopolists of the 19th century, Carnegie Steel (led by Andrew Carnegie) and the most powerful workers' union in America, the Amalgamated Association of Iron and Steel Workers.
In 1889 the union won, but Carnegie wanted revenge, so in 1892, he demanded harsher conditions after the initial contract was over and when the union said no, a lockout started. It was bloody and messy, with 16 dead. Carnegie's private army of 300 guards faced 10,000 strikers and things turned ugly soon. The Pinkertons (Carnegie's troops) were "defeated" but too many lives were lost.
Since Carnegie's little was defeated, he asked a bigger fish to help him and the governor sent 8,000 soldiers to arrest any union striker that opposed Carnegie. Finally, Carnegie's millions and corrupt politicians won, and the workers were forced to accept lower wages and more working hours. Those who rejected the forced deal were sent to prison.
Answer:
E. $107,000.
Explanation:
The computation of the non-controlling interest of earnings share is shown below:
= Revenue - Expense - allocation of Amortization of fair value
= $2,700,000 - $2,100,000 - $65,000
= $535,000
Now 80% is purchased by the Renz Co
So 20% would be owned by sogers Corp. So
That means
= $535,000 × 20%
= $107,000
Hence, the correct option is e. $107,000
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
$4,620
Future value of two cash flows = [PV × (1 + i)2]+ [PV × (1 + i)] = [$2,000 × (1 + 0.10)2] + [$2,000 × (1 + 0.10)] = [$2,000 × (1.10)2] + [$2,000 × (1.10)] = [$2,000 × 1.21]+ [$2,000 × 1.10] = $2,420 + $2,200 = $4,620
Explanation: