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olya-2409 [2.1K]
2 years ago
5

Assume that both firm A and firm B formally agree to each put up $10 million to form firm C. The operations of firm C are restri

cted to conducting research and development activities for the benefit of firms A and B. Firm C is a _____ of firms A and B.
Business
1 answer:
Alchen [17]2 years ago
8 0

Answer: a. joint venture.

Explanation:

A Joint Venture refers to when 2 or more entities come together and put up resources necessary to accomplish a certain task or venture that will be beneficial to all of them.

For example, BMW and Toyota jointly started research into utilizing hydrogen fuels and Google cooperated with NASA to create Google Earth.

Firm C is a Joint venture between Firms A and B.

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A rectangular field with one side along a river is to be fenced. Suppose that no fence is needed along the river, the fence on t
Klio2033 [76]

Answer:

Side opposite the river = 120 ft

Other sides = 240 ft

Explanation:

Let 'R' denote the length of fence opposite to the river and 'L' denote the length of the other two sides.

The cost as a function of R is:

L*R = 28,800\\L=\frac{28,800}{R}\\ C = 40R+10*2*\frac{28,800}{R} \\C(R) = 40R+576,000R^{-1}

The value of R for which the derivate of the cost function is zero is the length that minimizes cost:

C'(R) =0= 40 -576,000R^{-2}\\R=\sqrt{\frac{576,000}{40}}\\R=120\ ft\\

If R is 120 ft, then the value of L is:

L = \frac{28,800}{120}\\L=240\ ft

The dimensions that will minimize costs are:

Side opposite the river = 120 ft

Other sides = 240 ft

5 0
2 years ago
Devlin Manufacturing makes a single product. Expected manufacturing costs are as follows:Variable costsDirect materials $6.50 pe
expeople1 [14]

Answer:

Manufacturing cost:                                        $

Direct material ($6.50 x 3,200)                   20,800

Direct labour ($2.40 x 3,200)                     7,680

Manufacturing overhead ($1.10 x  3,200)   3,520

Supervisory salaries                                       13,600

Depreciation                                                 5,500

Other fixed costs                                          <u>2,200</u>

Total manufacturing cost                            <u> 53,300</u>

Explanation:

Total manufacturing cost is the aggregate of direct material, direct labour,variable manufacturing overhead and fixed costs. Fixed costs include supervisory salaries, depreciation and other fixed costs. Direct material cost per unit, direct labour cost per unit and manufacturing overhead cost per unit should be multiplied by the budgeted units per month.                      

7 0
2 years ago
A description of the processes you use to ensure that results meet the specified quality standards is a _____.
gulaghasi [49]

Answer:

d. quality assurance plan

:

Quality assurance plan is meant to ensure that the final products are matching to required quality. There are four basic steps of the quality assurance process: Plan, Do, Check, and Act.

7 0
2 years ago
Read 2 more answers
Your automatic payment option pays bills of $23.17, $55.67, $2,345.15, $575.25 and $1.15. How much was the mean payment?
ollegr [7]

Answer:

$600.078

Explanation:

the mean is also the average which is the total sum divide by 5

0 0
2 years ago
Peter's Audio has a yield to maturity on its debt of 7.8 percent, a cost of equity of 12.4 percent, and a cost of preferred stoc
OleMash [197]

Answer:

= 9.5%

Explanation:

The weighted average cost of capital can be computed as follows:

After tax cost of debt :

= Before-tax cost of debt (1-T)

= 7.8% ×  (1-0.21)

= 6%

Market value

Equity = 105× 22= 2,310.00

Preferred stock = 25× 45= 1,125.00              

Bonds= 98% × 1500=<u>1,470.00</u>

Type                   cost    Market value         Cost × equity

Equity               12.4       2,310.00                  286.44

Preferred stock  8%          1,125.00              90.00

Bond                6%        <u>1,470.00 </u>              <u>1 90.58 </u>

                                        4,905.00         467.02

WACC = (467.02/4,905.00 ) × 100

          = 9.5%

8 0
2 years ago
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