Answer:
This approach minimizes the risk business has to take during foreign ventures. Such as finding new markets, storing the products till distribution, handling customer records and grievances and so on.
In other words, the cost of participating overseas.
Explanation:
Imagine you own a company that produces toys. Exporting your own product is profitable. Yet when the demand and the customer base grow, it becomes difficult to hand the distribution of the product, financials, tax/legal requirements and documentation all by your self.
An authorized agent or a distributor make the work much easier as they support you in various tasks we've mentioned above.
In the process, you'll have more time to think of new ways to grow your business while your agent/distributor handle the day to day tasks in operations.
Answer:
List is as follows:
(a) Accounts payable - B
(b) Inventory - B
(c) Interest revenue
- I
(d) Long-term debt
- B
(e) Net cash used for financing activities - C
(f) Salary expense
- I
(g) Cash h. Dividends - B, C
(h) Dividends
- R, C
(i) Increase or decrease in cash - C
(j) Net income - I, R, C
(k) Net cash provided by operating activities - C
(l) Retained earnings - R, B
(m) Sales revenue -I
(n) Common stock - B
Answer: 5.35 years
Explanation:
This question requires the use of the Number of periods utility on Excel called NPER.
Rate will be 12%
Pmt will be -3600
Pv will be -12000
Fv will be 47000
Then click okay.
<em>It would take approximately 5.35 years.</em>