Amount of the initial investment to find the increase expressed as a rate. For example, to figure how long it takes $16,000 to grow to $24,000, divide $24,000 by $16,000 to get 1.5.
Answer:
21.28%
Explanation:
Note: <em>Assuming 365 day year</em>
Cost of giving up cash discount = [Discount rate / (1-Discount rate)] * 365 / [Credit period - Discount period]
Cost of giving up cash discount = [0.02/(1-0.02)] * [365/(45-10)]
Cost of giving up cash discount = [0.02/0.98] * [365/35]
Cost of giving up cash discount = 0.0204082 * 10.42857
Cost of giving up cash discount = 0.212828
Cost of giving up cash discount = 21.28%
Answer:
The correct answer is letter "D": A normal good
.
Explanation:
A normal good is any product or service seeing an increase in demand as a consequence of an increase in income. Normal in this scenario, does not refer to product quality or type. Normal goods oppose to inferior goods which demand decrease when individuals' income increase.
The believe the correct answer is a
Answer:
Option b. They are highly affected by exchange rate fluctuations.
Explanation:
international strategy can be defined simply as the means or strategy by which a firm sells its goods and services outside its domestic market. they helps by enabling firms to leverage their home-based core competencies in foreign markets.
A multinational enterprise (MNE) can be said to be a company that deploys resources and capabilities in the procurement, production, and distribution of goods and services in at least two countries and it can only pursue international strategy if only when it enjoys a large domestic market, strong reputation, and brand name. exchange rate fluctuations affects MNE pursuit of international strategy.
