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Answer: Balance Sheet
Profit and Loss Statement
Cash Flow Statement
Explanation:
Balance Sheet or the statement of Financial Position is a report that shows the assets that your business owns against your equity and liabilities. This report can help you make asset purchasing decisions or decisions about how to fund the acquisition of new assets.
Profit and Loss Statement: shows a detail of the income your business has earned, the expenses you incurred to earn this income and your profit/loss. This report can help you figure out if your expenses are too high or the prices you charge for your goods/services are too low.
Cash Flow Statement: shows your liquidity position at different points during a financial period. This report is important as it allows you to see periods when you may need an extra inflow of funds to keep your business operational and can help you decide when to apply for bank loans or whether to delay the purchase of some assets.
In a case whereby China and india require that when foreign firms enter into joint ventures with local firms, the local partners must have the controlling ownership stake, and this illustrate a Local content law.
<h3>What is Local content law?</h3>
Local content law can be described as the law that measure the local content requirements and they are policies imposed by governments that make the firms to use domestically-manufactured goods.
Hence , in the In a case whereby China and india require that when foreign firms enter into joint ventures with local firms, the local partners must have the controlling ownership stake, and this illustrate a Local content law.
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Answer:
d. increase the price of coffee paid by buyers, decrease the net price of coffee received by sellers, and decrease the equilibrium quantity of coffee.
Explanation:
A tax is an amount levied by the government on a good or service.
A tax increases the price of the good.
Burden of tax is borne by consumers and producers depending on who has the greater price elasticity.
A tax would increase the amount paid by consumers for a cup of coffee and reduce the amount received by suppliers.
A tax would reduce the quantity demanded and supplied, so equilibrium quantity would fall
I hope my answer helps you
Answer:
$8.078 million
Explanation:
we must use the same time periods, so instead of using an annual discount rate, we should use a quarterly rate:
effective quarterly interest = (1 + 0.16)¹/⁴ - 1 = 0.0378 = 3.78%
dividends per quarter = 0.3 million + 0.05 million = $0.35 million
terminal value of firm in quarter 4 = 0.35 / 0.0378 = $9.26 million
present value of terminal value = $9.26 / (1.0378)⁴ = $7.983 million
present value of 4 quarterly dividends = $0.3 x 3.64879 (PVIFA, 3.78%, 4 periods) = $1.095 million
NPV = -$1 + $1.095 + $7.983 = $8.078 million
