Acquiring an existing firm operating in a foreign country rather than undertaking internal development may be the least risky and cost-efficient means of overcoming entry barriers such as-Gaining access to local distribution networks,building supplier networks,and establishing working relationship with key government officials
Explanation:
When a firm takes a decision to acquire a firm which is operating in other foreign company ,it enjoys the below mentioned advantages:
- The firm does not face any entry barrier
- The cost of acquiring a firm is less in comparison to the cost the company would have incurred if it opted for the internal development of a firm .
- The acquired firm already has a established market in its home country ,so less cost is incurred on advertisement.
- The acquired firm also has a pre-existing network of suppliers,local distribution network.Thus the firm faces less problem in its operations.
Thus for a company who wants to succeed quickly without putting much effort can always opt for the acquisition strategy in foregin Market.
Answer:
The revenue principle requires the revenue to be recorded by the company on January 3, 2020.
Explanation:
Revenue recognition principle states that income is recorded when it is earned irrespective of when the cash is received.
Earning of Income neither means receiving of order as on December 15, 2019 nor commitment of completing the order as on December 28, 2019.
The customer pays for the services on January 6, 2020. This date will not be considered as the date of income earning.
Date of Income earning is when the services are rendered that is on January 3, 2020.
Answer: Other Financing Uses - Transfers Out.
Explanation: General fund account refers to a system whereby resources are recorded whose use are limited by the provider, government agency, or by law. These accounts do not emphasize profitability rather they emphasize accountability.
Answer:
$1,456.23
Explanation:
Calculation for how much money will you have in ten years
First step is to calculate FV
Using this formula
FV= C*(((1 + i/100)^n -1)/(i/100))
Where,
C represent Cash flow per period
i representinterest rate
n represent number of payments
Let plug in the formula
FV= 38*(((1+ 4/100)^10-1)/(4/100))
FV = 456.23
(Note 3.8%*1000 will give us 38)
Now let calculate how much money you will have in ten years
Using this formula
Amount in 10 years = FV of interest+ Par value
Let plug in the formula
Amount in 10 years= 456.23+1000
Amount in 10 years = $1,456.23
Therefore the amount of money you will have in ten years is $1,456.23
managers must launch a concerted, ongoing effort to ferret out cost-saving opportunities in every part of the value chain, for example, cost drivers such as number of products in the product line, capacity utilization, production technology and design, and labor productivity and compensation costs.
Answer: Option A.
<u>Explanation:</u>
A low cost provider tries to sell its items at the most minimal value it can, while as yet causing a benefit so it to can attract clients to the market. This is the wide form of the ease methodology on the grounds that such organizations attempt to engage an expansive market.
A low cost approach is more than just an open door for current clients to purchase similar products for less. Offering a constrained scope of items without settling on quality is another basic mainstay of some minimal effort plans of action.