All categories

2 years ago

Multinational financial management requires that

Business

1 answer:

Lady_Fox [76]2 years ago

3 0

Answer:

business finance finance questions and answers multinational financial management requires that answer the effects of changing currency values ...

question: multinational financial...

this problem has been solved!

see the answer

multinational financial management requires that

answer

the effects of changing currency values be included in financial analyses.

legal and economic differences need not be considered in financial decisions because these differences are insignificant.

political risk should be excluded from multinational corporate financial analyses.

traditional u.s. and european financial models incorporating the existence of a competitive marketplace not be recast when analyzing projects in other parts of the world.

cultural differences need not be accounted for when considering frim goals and employee management.

You might be interested in

Based on predicted production of 17,000 units, a company anticipates $255,000 of fixed costs and $216,750 of variable costs. The

Arturiano [62]

Answer:

fixed costs = $255,000

variable costs = (15,000 / 17,000) x $216,750 = $191,250

Explanation:

A flexible budget is prepared in order to compare how budgeted revenues and costs actually worked out. In other words, if actual revenues and costs were similar to the budget previously prepared. A flexible budget adjusts actual results and helps management control how efficient the company was in following their budget. That is why a flexible budget is done after the budgeted period is over.

Fixed costs should not change (that is why they are fixed), but variable costs should change if the actual output was different than the budgeted output.

6 0

3 years ago

How do you account for financial losses in order to maintain quality customer service, for example, a restaurant that gives a fr

IgorC [24]

Answer: These costs will be classified as sales discounts

Explanation: Sales discounts are discounts given to customers for buying a company's products or special offer given to customers that are regular and loyal to a company's brand. Discounts are also given to attract new customers to a company's product.

Discounts are accounted for under the operational expenses head and are recorded as part of the company's operational expenses.

The effect of discounts are that it reduces the company's net profit but the positive effect is that it can increase the total sales of the company.

4 0

3 years ago

__________aggregate customers' opinions related to products or services that they have purchased and then suggest them to others

Rudik [331]

Answer:

Recommendation websites

Explanation:

Recommendation websites aggregate customers' opinions related to products or services that they have purchased and then suggest them to others with the same interest.

These websites make use of customer data based on what they have purchased in the past (product or service) to present to them new/similar products.

6 0

2 years ago

GoSnow sells snowboards. Each snowboard requires direct materials of $128, direct labor of $53, and variable overhead of $63. Th

Fofino [41]

Answer:

Unitary selling price= $304.93

Explanation:

Giving the following information:

Unitary variable costs:

direct materials of $128

direct labor of $53

the variable overhead of $63.

Fixed costs:

The fixed overhead costs of $301,000

Fixed selling and administrative costs of $229,000

The company has a target profit of $189,800.

Units sold= 11,800 snowboards

First, we need to calculate the total contribution margin required:

Contribution margin= net profit + total fixed expense

Contribution margin= 189,000 + (301,000 + 229,000)

Contribution margin= $719,000

Now, we calculate the total variable expense:

Total variable cost= 11,800* (128 + 53 + 63)

TVC= 2,879,200

Finally, we calculate total sales and the unitary selling price:

Total sales= contribution margin + total variable cost

Total sales= 719,000 + 2,879,200= 3,598,200

Unitary selling price= 3,598,200/11,800= $304.93

6 0

3 years ago

QUESTION 5 of 10: Preparing a budget is:

zhenek [66]

Answer: A

Explanation:

It's an ongoing process

6 0

2 years ago