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Assignment 1: Instruction. Form a team of 4 students and solve the assignment. One of the group members submit the assignment online. Mention the

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Assignment 1: Instruction. Form a team of 4 students and solve the assignment. One of the group members submit the assignment online. Mention the name of all 4 students on the submitted assignment. All team members must contribute to the assignment. At the Lulu Hypermarket in Al Ain Green Banana that weigh 500g is sold at 2.90 AED to consumers. Green Banana INDIA The Green Banana is produced in India and exported by an agribusiness company called "Geewin Exim". The Company has its own Banana plantations and processing facilities. It also buys collects Banana fruits from other out grower farmers nearby the company's processing plant location. The export price of Green Banana from India was 36,778.85 Indian Rupee per metric tons at the country's seaport, Port of New Mumbai Port. This Geewin Exim Company export price has a markup of 70% of the farm gate price for banana sources from private small holder farms (out growers) who grow Banana in India. Mirawell General Trading Co. LLC. is a UAE Company that imports fruits including the Green Banana to the UAE. Shipping cost of Green Banana to Dubai port is 200 US$ per metric ton. Importer company (Mirawell General Trading Co. LLC) makes a margin of 0.50 AED per kg and sell banana at a wholesale price of 2.96 AED/kg to other companies who buy banana from wholesalers, store banana, and provide logistic services and distribute it to department stores like Carrefour, spinneys, Lulu Hypermarket. Lulu Hypermarket buy Green Banana at 4.00 AED/kg from the companies who are engaged in the storage and logistics business. In January 2022, the consumer price of a 500- gram Green Bananas in Lulu Hypermarket in the UAE was 2.90 AED. Answer the following questions: 1) Based on the above information, determine the value break down (in percentage terms) of Green Bananas sold at Lulu Hypermarket in the UAE for: a) The Retailer market (Lulu) b) The storage and logistics provider companies c) The wholesalers who sell banana to storage providers d) The Geewin Exim Company in India e) The Banana grower farmers (out growers) in India. 2) Suppose the Lulu Hypermarket in Al Ain City sells 3000 kilograms of Green Bananas in one day, how much Net income does Lulu Hypermarket make or earn from sales of this brand of banana? Note: Currency Exchange rate: 1 USD = 3.685 and 1 USD = 74.90 Indian Rupee.

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