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postnew [5]
3 years ago
5

Acquiring an existing firm operating in a foreign country rather than undertaking internal development may be the least risky an

d cost-efficient means of overcoming entry barriers such as:_________
Business
1 answer:
Eddi Din [679]3 years ago
3 0

Answer:

Gaining access to local distribution networks, building supplier networks, and establishing working relationships with key government officials.

Explanation:

Acquiring an existing firm operating in foreign country may be the least risky and cost effecient means of overcoming entry barrier, such as Gaining access to local distribution networks, building supplier networks, and establishing working relationships with key government officials.

As new firm in a foreign nation does not have easy entry or functioning, therefore, acquiring a local firm will help them understand local market environment, customer prefrences, building supplier´s and distribution network at ease. help to understand the local government´s policies and establishing working relationship with key government authority.

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Michael's Yoga Studio have been entering bills for their purchases as they come in. They pay multiple bills once a week. They us
Tasya [4]

Answer: They could either use the Income and expenditure  or purchases  journal too.

Explanation:  Because its a Yoga Studio,  lots of expenses will be made  and appropriate postings are to be entered on time.

4 0
3 years ago
Read 2 more answers
A buyer failed to take advantage of the vendor's credit terms of 2/10, n/45, but instead paid the invoice in full at the end of
Neko [114]

Answer: 20.86%

Explanation: From the question, the credit term is 2/10, n/45. Which means that the customer gets a 2% discount if payment is made within 10 days. But the customer did not make use of this offer. The equivalent annual Interest lost on the amount of purchases is :

365/ (45-10) * 0.02 = 365/35*2%

= 0.20857 *100= 20.86%

This is calculated using 365 days in a year.

5 0
3 years ago
Revenues, Expenses, and Cost of Goods Sold are closed to which of the following accounts:_________
iren2701 [21]

Answer: A) Income Summary

Explanation:

The Income Summary account is used to compile temporary accounts before posting them to capital accounts. Revenues, Expenses and Cost of Goods are temporary accounts which will be compiled in the Income summary account.

The Income summary account has a debit and a credit side with income going on the credit side and expenses going on the debit side. If the credit side is higher than the debit side then profits have been made. The reverse is true.

6 0
3 years ago
Borasco Corp. owns land with a fair market value of $200,000. Borasco purchased the land 10 years ago for $65,000 and owes a lia
sleet_krkn [62]

Answer:

$65,000

Explanation:

Borasco was the person who purchased the land for $65,000 in which the land was later transferred to Alvo. Therefore no gain or loss is been recognized in this liquidation because it subsidiary is been liquidated by the parent which is why the basis of land is said to be carryover basis of $65,000 at the end of the transaction.

5 0
3 years ago
Which statement is FALSE?
morpeh [17]

Answer:BB

Explanation:b

3 0
3 years ago
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