Answer:
The answer is true
Explanation:
There will no effect on net income; no effect on total assets because an allowance method is used which means there was a provision for bad debts already effected.
Answer:
A. Car insurance, rent, student loan payments.
Explanation:
I took the test :)) <3
Answer:
b) Heightened global competition
Explanation:
Since in the question it is mentioned that working as a distributor of an automative part i.e. based on the Ohia diversifies its business operations in China. Also the employees and the management are working with this division and taking the classes on the chinese culture and their customs in order to feel comfortable
So this scenario represents that the global competition is on the peak
Therefore the option b is correct
Answer:
B
Explanation:
A currency appreciates when its value increases.
For example if $1 was exchanged for 50 pesos. After appreciation of the pesos, $1 would buy $25 pesos.
So more $2 would be needed to buy 50 peso after the appreciation when before the appreciation $1 was buying 50 pesos.
As a result Mexican goods would become more expensive to US consumers and the revenue earned by Mexican producers would increase
Answer:
C. Sell 28,000,000 rubles
Explanation:
By doing so, the company will <u>immediately receive</u> the amount equivalent in Canadian Dollars by selling 28 million rubles in forward and after 90 days when the invoice amount (28 million rubbles) is received from building the pipeline, will be used to netting of the forward contract.
In this way, company can hedge the currency exposure, and reduce the risk which can be generated from currency volatility.