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MArishka [77]
1 year ago
9

Cad Cream Inc, an ice cream company, has collaborated with Bite Snack Inc, a food manufacturing company, to come up with a third

company, Cream Bite Inc This new company manufactures energy bars with a variety of flavors. In this context, Cream Bite Inc is a _____
A) joint venture

B) global new venture

C) multinational franchise

D) wholly owned affiliate
Business
2 answers:
tangare [24]1 year ago
5 0

Answer:

A) Joint Venture

Explanation:

Based on the scenario being described within the question it can be said that in this context, Cream Bite Inc. is a Joint Venture. This is a business term that refers to an arrangement between two parties in which both combine their resources in order to meet an agreed upon goal in a more efficient manner and in a much smaller time-frame than if they were to do it separately.

rjkz [21]1 year ago
5 0

Answer: Joint venture

Explanation:

A joint venture (JV) is a business arrangement whereby two or more businesses or organizations agree to pool their resources together for the purpose of accomplishing and achieving a specific goal. The task to be achieved can either be a business activity or a new project.

The benefits of a joint venture are shared investment because each firm contributes a certain amount of capital. Joint venture can also lead to new market penetration, revenue streams and enhances credibility.

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The market for fertilizer is perfectly competitive. Firms in the market are producing output but are currently making economic l
Kobotan [32]
I am not sure what are you asking please explain more
6 0
1 year ago
Read 2 more answers
Wolfpack, Inc.provides goods and services to customers during the year totaling $100,000. Also during the year, customers are gr
inna [77]

Answer: $75000

Explanation:

Net revenue is simply defined as the total amount of money that an economic entity such as an individual or firm makes from sales minus the direct expenses. The net revenue accounts for the refunds, price reductions, and the direct expenses.

From the question, we've been informed that Wolfpack, Inc.provides goods and services to customers during the year totaling $100,000 and that during the year, customers are granted discounts, returns, and allowance of $20,000. Lastly, Wolfpack estimates that an additional $5,000 in discounts, returns, and allowances will occur next year.

The amount of net revenues Wolfpack will report in its current-year income statement will be:

= $100,000 - $20,000 - $5,0000

= $75,000

7 0
2 years ago
On January 1, Year 1, Pacific Corporation acquired 75% of Sand Corporation's 200,000 outstanding common shares for $2,850,000. O
Allisa [31]

Answer:

$112,500

Explanation:

The good will to be reported in the balance sheet of the Pacific Corporation as at December 31 shall be determined using the following mentioned  method:

Cost to acquire share of the Pacific Corporation             $2,850,000

Less:Net Assets Acquired of Sand Corporation

       Sand Net Assets                     $3,000,000

       Excess value of land               $200,000

       Excess value of equipment    $150,000

       Fair value of non-compete     $300,000

                                                       $3,650,000                 ($3,650,000)    

Add:Net Assets portion of the Non controlling interest   $912,500

($3,650,000*25%)

Good will                                                                              $112,500

3 0
1 year ago
During the ____ phase of team implementation, managers have withdrawn from the daily operations and are counseling teams. Group
murzikaleks [220]

During the<u> self-managing teams </u>phase of team implementation, managers have withdrawn from the daily operations and are counseling teams.

<u>Option: D</u>

<u>Explanation:</u>

When business is in the form of start-up than it need huge attention from leading members like manager, employer, team leader, etc. But after training workers, employee and staff regarding their work and duties, the procedure they need to follow, timing, etc, the main leader concentrate more on counsel them, related to obstacles they face while performing their duties.

This is because after training and leasing some time to gain experience in firm, it is understood by manger that the team must have reached to self management, thus concentrating on daily operations is totally a work of team leader. But still when they need guidelines related to new strategies, ongoing improvement, physical and mental issues due to work load, how to remain in pace, etc manger counsel them.

7 0
1 year ago
Dell is a product of the Digby company. Digby's sales forecast for Dell is 2079 units. Digby wants to have an extra 10% of units
Thepotemich [5.8K]

Answer:

Option (B) is correct.

Explanation:

Sales forecast = 2079 units

Ending Inventory to be maintained:

= 10% of forecast sales

= 10% (2079 units)

= 208 units

Production:

= Sales + Ending Inventory - Beginning Inventory

= 2079 units + 208 units - Nil  

= 2,287 units

Taking current inventory into account, Dell's Production of 2,287 units After Adjustment have to be in order to have a 10% reserve of units available for sale.

8 0
2 years ago
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