Business transactions between store norske

Assignment Help Accounting Basics

Reference no: EM131020580

The two companies are considering the following possible business ventures:

1) Store Norske is considering using Coal India Limited to assist them in their international business operations. What issues will Store Norske have to address with respect to any business transactions between Store Norske and Coal India Limited? Discuss.

2) Store Norske is considering purchasing a majority interest in Coal India Limited to make it easier to utilize Coal India Limited in their operations. What issues will Store Norske have to address with respect to this decision? Will this situation alleviate any of the issues addressed in 1) above? Discuss.

Reference no: EM131020580

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