Answer:
Employee Exchange Strategy
Explanation:
According to my research on different business strategies used by companies, I can say that based on the information provided within the question this is an example of the Employee Exchange Strategy. This strategy is when employees are exchanged between companies or departments, usually during seasonal ups and downs. This is done to either avoid contractual conflicts or to avoid layoffs during off seasons.
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Answer= Because the United States is already a WTO member, it does not have to lower any trade restrictions as a result of China's entry. In fact, China's entry will help reduce the trade deficit between the United States and China
Answer: a. Cheaper
b. Shift production from commodity-type goods to high-value products.;
Begin importing foreign-made parts
Explanation:
1. Japanese products became 22% <u>cheaper</u> than U.S. products.
The US Dollar became 22% stronger than the Japanese Yen meaning that the US Dollar can now buy 22% more Yen than before. If a good is priced in Yen then this means that the USD can buy 22% more of that good than before meaning that the good is 22% cheaper now.
2. Commodity goods are essentially raw or semi processed foods. Because the USD has become stronger, importing these goods instead of producing them would reduce the cost of production if they were to start processing said goods and making them High Value products so this is what they should do.
The USD is now stronger against major trading Partners. Like earlier mentioned, this means that the USD can buy 22% more goods as a result. Companies should therefore import parts that they need because they'll be able to buy 22% more of those parts thereby reducing their cost of Production.
Answer:
<em>To ensure revenues and expenses are reported in the proper period.</em>
Answer:
Current Ratio = 3.02
Acid test Ratio = 1.62
Explanation:
The current ratio is a measure to assess the liquidity situation of a company. It tells us the amount of current assets available to settle each $1 of current liability. The current liabilities are all the liabilities that are due within a year.
Current Assets = 101 + 93 + 181 + 17 = $392 million
Current Liabilities = 96 + 34 = $130 million
Current Ratio = Current Assets / Current liabilities
Current Ratio = 392 / 130 = 3.015 rounded off to 3.02
The acid test ratio is also a measure of checking the liquidity of a company. However, this ratio measures the amount of most liquid current assets available to settle each $1 of current liability. This excludes inventory from the current assets.
Acid test ratio = (Current assets - Inventory) / Current Liabilities
Acid test ratio = (392 - 181) / 130 = 1.62
