Answer:
Here are several organization involvements that exist in international trades but might not exist in domestic trade:
- Import/export
- Countertrade Agreement
- Foreign Direct investment
- Multinational marketing strategy
Explanation:
- Import/export
To put it simply, Import is the act of acquiring goods from another country to your country. Export is the act of sending goods from your country to another country,
- Countertrade Agreement
This consist of tradge agreements that created by the government between different countries.
Most countries will impose tariff or quota to the foreign goods that come into their country. This will increase the price of the foreign goods when they entered the local markets. Tariff and quota are made to protect local businesses from foreign businesses.
- Global outsourcing
This happens when a company give their job to the people from another country.
Most commonly, this is conducted by companies from a richer countries. Outsourcing their jobs to a poorer country tend to cut down the labor cost. They can send the product output back to their original country and sell it with higher price/.
- Multinational marketing strategy
This marketing strategy considers the different cultures / taste that exist in foreign market. They will cater their strategy to suit the taste of foreign customers and improve their brand favorability.
Answer:
See explanation section
Explanation:
Give
The cost value for each of the inventory item is as follows:
Product Cost Price
D $88
E $94
F $94
G $94
H $59
I $42
Now, we determine the net realizable value for each of the product:
Net Realizable Value = Selling price - Cost to compete - Selling costs
Product Net Realizable Value
D $93
E $73
F $70
G $41
H $82
I $47
Now, using the LCNRV (Lower of cost or Net Realizable Value) rule, the proper unit value for balance sheet reporting purposes at December 31, 2020, for each of the inventory items -
Product LCNRV
D $88
E $73
F $70
G $41
H $59
I $42
Answer:
Interest Expense $63,000
Interest Payable $63,000
Explanation:
$700,000 X 9% = $63,000 which is the annual interest expense that they will incur each year. Because it isn't paid until January 1st, it is rolled into the Interest Payable account.
Repeat sales or Repeat business
The web said repeat sales
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