Answer:
C. greenfield operation
Explanation:
Maddox intends to enter into a foreign market, and in order to manage to control all its activities by setting up production facilities and distribution channels from scratch, this company will choose a greenfield operation mode. Greenfield corresponds to what Maddox is planning to develop in a foreign field, which is a <em>enterely new project.</em>
Answer:
21.9%
Explanation:
Given that
Operating leverage = 7.3
Increase in sales = 3%
According to the given situation, the computation of net operating income is shown below:-
Increase in operating income = Operating leverage × Increase in sales
= 7.3 × 3
%
= 21.9%
Therefore for computing the increase in operating income we simply applied the above formula.
Answer: $45,000
Explanation:
Last In First Out (LIFO) is an inventory valuation and management method that works by selling the most recent inventory to come into the business as opposed to the earlier ones.
In the above, the most recent Inventory to come in is the 5,000 units bought at $10 each.
The 4,500 units sold will therefore come from there.
Cost of Goods Sold = Units Sold * Purchase Price
= 4,500 * $10
= $45,000
Most contracts like this will not change based on the borrowers financial situation. In this case, Kelsey and Cody will still be responsible for paying the debt they owe. Several things will happen if they do not pay:
1. the debt will be sent to a collections agency
2. This will cause a derogatory mark on their credit history.
