Answer:
<u> c. implies that the national government exerts minimal influence on the exporting and importing decisions of private firms</u>
Explanation:
- Free Trade is a trade policy by the govt of various countries to remove the restriction from the imports and exports of goods and services which is ideal for the international trade.
- Trade-in services without taxes or other trade barriers, Unregulated access to market information, increase economic growth and lower the government spendings and also allows for the technology transfer. It also leads to jobs outsourcing.
Bobb'e J. Thompson<span> (</span><span>Marcus "M.J." Williams, Jr)</span>
Answer:
Journal entries
Explanation:
The journal entries are as follows
On July 1
Prepaid insurance Dr $12,400
To Cash $12,400
(Being the payment is recorded)
On December 31
Insurance expense Dr $3,100
To Prepaid insurance $3,100
(Being the insurance expense is recorded)
It is computed below:
= $12,400 × 6 months ÷ 24 months
= $3,100
Answer:
B. Line extension
Explanation:
Product Line Extension
This involves the use of an already established brand name, in this case, cool whip for a new item (orange flavored cool whip) in the same product category. It's the production of a new product that is a little different to a company's existing products. The differences the new product usually has from the existing products may be in the line of new flavour, colors, product size, added ingredients and so on.
A popular example of this is Coke and Pepsi releasing Diet Coke and Pepsi respectively. Adding a new product to their existing range of products.
Answer:
An important issue to address because the new ratio suggests the product sales of these strategically important products has slowed significantly.
Explanation:
Since in the question it is mentioned that the inventory turnover ratio would be decreased from 6 to 2 so here this means that the new ratio would be significant for that products who has fall significantly as there is a more inventory as compared with the sales of the company
Also the inventory turnover ratio represents the problem that show the fall in the sales & overstocking
