Why do you think that india was an attractive market for jcb? historically, jcb entered foreign markets through exports. why do you think jcb generally favored exports? in india, jcb decided to enter via a joint venture. what was the articulated rationale for this? in what other ways might the joint venture strategy have benefited jcb? what were the risks associated with the joint venture strategy? how did jcb deal with these risks? what are the benefits to jcb of localizing significant production in india? what are the disadvantages? do the benefits outweigh the disadvantages?

Which of the following statements accurately describes how costs and benefits are calculated?

Grey company holds an overdue note receivable of $800,000 plus recorded accrued interest of $64,000. the effective interest rate is 8%. as the result of a court-imposed settlement on december 31, year 3, grey agreed to the following restructuring arrangement: reduced the principal obligation to $600,000.forgave the $64,000 accrued interest. extended the maturity date to december 31, year 5.annual interest of $40,000 is to be paid to grey on december 31, year 4 and year 5. the present value of the interest and principal payments to be received by grey company discounted for two years at 8% is $585,734. grey does not elect the fair value option for reporting the debt modification. on december 31, year 3, grey would recognize a valuation allowance for impaired loans of

Utilization will always be lower than efficiency because: a. effective capacity is greater than design capacityb. expected output is less than actual output. c. effective capacity equals design capacity. d. effective capacity is less than design capacity. e. expected output is less than rated capacity.