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Burka [1]
3 years ago
11

Carrie's Car Care receives more than 25% of its total sales revenues from operations outside of the United States. Carrie's woul

d be considered
a: a. foreign national.
b. wealth company.
c. multinational corporation.
d. globalization corporation.
e. None of these.
Business
1 answer:
Anvisha [2.4K]3 years ago
6 0

Answer:

The answer is: E) None of these.

Explanation:

A foreign national is a person who wasn´t born in the country in which he or she temporarily lives in.

We don´t have enough information to know if Carrie´s Car Care is a wealthy company. Maybe its total sales are just $10,000 a year but they export $2,500.

A multinational corporation usually has branches or subsidiaries. All we know about Carrie´s Car Care is that it makes some money outside the US, but we don´t know how. Maybe they simply export 25% of their products or maybe they are a huge multinational corporation. Not enough information.

The term globalization corporation doesn´t exist. The term corporate globalization refers to very large multinationals that reach all or most of the world´s markets.

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Answer:

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EBIT with no debt = $111,000

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debt to equity ratio after debt is taken = $165,000 / ($757,800 - $165,000) = 27.834%

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