The CEO was most likely referring to the following efforts : <u>d) a distribution center established in London to preempt the growth of a British car manufacturer</u>.
<u>Explanation</u>:
The company establishing its trade and investment activities across the national borders is known as international business.
The following are some of the factors of production:
i) Manufacturing infrastructure
ii) Technology
iii) Managerial talent
It is important for a company to take more effort and establish its distribution center overseas to confront the international competitors. In the above scenario, the CEO decided to establish his distribution center in London to block the growth of a British car manufacturer.
Answer and Explanation:
The computation is given below:
NAV = (Total value - Liabilities) ÷ Number of shares outstanding
= ($260M - $2M) ÷ 6M
= $258M ÷ 6M
= $43
b. The premium or discount is
= (Market price - NAV) ÷ NAV
= ($40 - $43) ÷ $43
= -$3 ÷ $43
= -0.06976 or -6.98%
So here the fund should be sold at 6.98% discount
Answer:
D. Change and the cost of the activity is relevant to the decision.
Explanation:
Since flexible resources are supplied as needed, and their costs appear to be variable with demand, so change and the cost of the activity is relevant to the decision.
