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weeeeeb [17]
2 years ago
11

What is the main aims of forming a maize milling company ​

Business
1 answer:
belka [17]2 years ago
3 0

Answer:

to provide I

or produce mealie meal for the country and improve the country's production in food and farming.

You might be interested in
As an investment vehicle, and regarding the tax consequences, real estate investment trusts (reits) are organized as:____.
Fed [463]

As an investment vehicle, and regarding the tax consequences, real estate investment trusts (REITs) are organized as REITs.

As the name suggests, REITs are organized as trusts. The assets held in the trust and the distributions made can affect the tax consequences of the trust. As an investment vehicle, shares are sold to investors and these shares may trade on stock exchanges.

Real estate investment trusts (REITs) are securities that own and, in most cases, manage income-generating real estate or related assets that trade like stocks on major stock exchanges. Many REITs are registered with the SEC and listed on exchanges.

Learn more about real state investment here: brainly.com/question/1534216

#SPJ4

8 0
2 years ago
a corporate team building event costs2 plus an additional $1 per attendee. How many attendees can there be at most if the budget
Arlecino [84]
Since the equation would be:
2 + 1x = y
The inequality would be:
2 + 1x \leqslant 50
It would be :
x \leqslant 48
The most there can be are 48 attendees.

Tell me if this helps by marking the answer, thank you!!
3 0
3 years ago
When each person specializes in producing the good in which he or she has a comparative advantage, total production in the econo
OLga [1]

Answer:

The correct answer is c) rises.

Explanation:

Each country in question will specialize in what is most efficient. At the same time, it will import the rest of the products in which they are most ineffective in terms of production. Although a country does not have an absolute advantage in producing any good, it may specialize in those goods in which it finds a greater comparative advantage and finally participate in the international market. In this sense, it can boost its foreign trade.

It is then the basic idea that countries choose to specialize in order to trade in activities where they have a certain advantage. That is, instead of producing what they do best in an absolute way, they produce what they do best in a relative way. Therefore, the difference with the theory of absolute advantage is that it does not produce what the country costs less, but the one with lower comparative costs.

7 0
3 years ago
Question 4
SashulF [63]

1. The calculated capital budgeting techniques yielded the following results:

A. Accounting Rate of Return (AROR) is <u>28%</u>.

B. Payback Period Technique (PBP) is <u>5 years</u>.

C. Net Present Value Technique (NPV) is <u>RM33,588</u>.

D. Profitability Index (PI) is <u>1.056</u>.

2. The project should be accepted based on the positive results above.

3. The importance of capital budgeting techniques lies in the fact that they aid capital decision-making by measuring their probable outcomes.

<h3>What are capital budgeting techniques?</h3>

Capital budgeting techniques are capital investment evaluation tools.

Some of the capital budget tools include the Payback Period, Discounted Payment Period, Net Present Value, Profitability Index, Internal Rate of Return, and Modified Internal Rate of Return.

These capital budgeting techniques help management to evaluate capital projects and to choose investment strategies.

<h3>Data and Calculations:</h3>

Investment cost = RM600,000

Cost of capital = 12%

            Net Cash Flows      PV Factor     Present Value

Year 0     RM600,000               1              (RM600,000)

Year 1       RM100,000           0.893                  89,300

Year 2            110,000            0.797                  87,670

Year 3            121,000            0.712                   86,152

Year 4            133,100            0.636                 84,652

Year 5            146,410            0.567                  83,014

Year 6    RM400,000            0.507              202,800

Present value of cash flows =                 RM633,588

Net Present Value                                      RM33,588

Total Net Cash Flows = RM1,010,510

Average Net Cash flows = RM168,418 (RM1,010,510/6)

Accounting Rate of Return = Average Income/Initial Cost

= 28% (RM168,418/RM600,000 x 100)

Payback period = 5 years

NPV = Initial Investment - PV of net cash flows

= RM33,588

Profitability Index = Present value of cash flows/Initial Cost

= 1.056 (RM633,588/RM600,000)

Learn more about capital budgeting techniques at brainly.com/question/17159659

#SPJ1

8 0
1 year ago
The following information is related to Kingbird Company for 2017.
Sati [7]

Answer:

Net income is $2,474,000

Retained earning for the year 2017 is $2,142,000

Retained earnings balance at December 31, 2017 is $3,123,000

Explanation:

A multi-step income statement is an income statement that shows gross profit and the detailed of each category of expenses and incomes to arrive at the net income of a company for a particular period.

This can be prepared as follows:

Kingbird Company

Mutiple step income statement

for the year ended December 31, 2017

<u>Details                                                                  $         </u>

Sales Revenue                                           26,100,000

Cost of goods sold                                  <u>  (16,100,000) </u>

Gross profit                                                10,000,000

Operating expenses:

Selling and administrative expenses      <u>  (4,710,000) </u>

Operating income                                       5,290,000  

Other income (loss):

Gain on the sale of investments                     111,000

Write-off of goodwill                                      (821,000)

Loss due to flood damage                            (391,000)

Interest income:

Interest revenue                                          <u>     71,000  </u>

Income before tax                                       4,260,000

Income taxes for 2017                              <u>  (1,254,000) </u>

Income after tax                                          3,006,000

Extraordinary items:

Loss on wholesale div. disp. (net of tax)      (441,000)

Loss on wholesale div. op. (net of tax)       <u>   (91,000) </u>

Net income                                                   2,474,000

Preferred stock dividend                                (81,000)

Common stock dividend                           <u>     (251,000) </u>

Retained earning for the year 2017             2,142,000

Retained earnings balance, Jan. 1, 2017   <u>     981,000 </u>

Retained earnings bal., Dec. 31, 2017       <u> 3,123,000 </u>

8 0
3 years ago
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