Question

In your opinion, in case Petramina wishes to diversify into unrelated diversification, which sector in India would you consider as attractive for the company to diversify? Choose only 1 sector. Specify statistics such as Growth potential of that sector, advantages of doing business in that sector, etc.

Answer 1

5:3:2 respectively. Partners are entitled to interest on capital @10% p.a. and salary to Bimal and

Deepak @2,000 per month and 3,000 per quarter respectively as per the provision of the

Partnership deed.

Bimal, s share of profit (excluding interest on capital but including salary) is guaranteed at a

minimum of 50,000 p.a. Any deficiency arising on that account shall be met by Deepak. The profits

of the firm for the year ended 31st March, 2018 amount to * 2,00,000.

Prepare profit and loss a

Hope it helps u !

Answer 2

Petramina can diversify into Information Technology in India.

Explanation:

• Information Technology  is attractive sector in India  to diversify into unrelated diversification for  Petramina. This IT industry represents 8% of the nation's overall Gross domestic product.
• India's IT sector is growing about 7.7%  in the present year 2020 and revenues are also generated from exports.
• The statistics for employment in the IT industry is increasing and IT professionals are in most demand these years for various sub fields.
• India's IT sector has attracted many investors from various countries to do investment.

To know more:

which sector in India would you consider as attractive for the company to diversify?

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