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Multinational Financial Management: An Overview

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finance

The T-accounts for Equipment and the related Accumulated Depreciation—Equip. for Coldsmith Company at the end of 2014 are shown here. $$ \begin{array}{c} \hspace{0pt}\textbf{Equipment} \end{array}\\ $$ $$ \begin{array}{r|l}\hline \text{Beg. bal.\hspace{14pt}}\hspace{30pt}\text{80,000}&\ \text{Disposals}{\hspace{30pt}\text{22,000}}\\ \text{Acquisitions}\hspace{30pt}\text{41,600}&\ \text{{}}{\hspace{90pt}\text{}}\\\hline \text{End bal.}\hspace{45pt}{\text{{\hspace{1pt}99,600}}} \end{array} $$ $$ \begin{array}{c} \hspace{0pt}\textbf{Accum. Depr.—Equip.} \end{array}\\ $$ $$ \begin{array}{r|l}\hline \text{Disposals}\hspace{50pt}\text{5,100}&\ \text{Beg. bal.}{\hspace{30pt}\text{44,500}}\\ \text{}\hspace{30pt}\text{}&\ \text{{Depr. exp.}}{\hspace{23pt}\text{12,000}}\\\hline \text{}\hspace{30pt}\text{}&\ \text{End bal.}\hspace{31pt}{\text{{\hspace{1pt}51,400}}} \end{array} $$ In addition, Coldsmith Company’s income statement reported a loss on the disposal of plant assets of $3,500. What amount was reported on the statement of cash flows as “cash flow from sale of equipment”?

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Seneca Co. began year 2017 with 6,500 units of product in its January 1 inventory costing $35 each. It made successive purchases of its product in year 2017 as follows. The company uses a periodic inventory system. On December 31, 2017, a physical count reveals that 8,500 units of its product remain in inventory.$ $$ \begin{matrix} \text{Jan. 4} \ldots\ldots\ldots & \text{11,500 units @ \$33 each}\\ \text{May 18} \ldots\ldots\ldots & \text{13,400 units @ \$32 each}\\ \text{July 9} \ldots\ldots\ldots & \text{11,000 units @ \$29 each}\\ \text{Nov. 21} \ldots\ldots\ldots & \text{7,600 units @ \$27 each}\\ \end{matrix} $$ $ 1. Compute the number and total cost of the units available for sale in year 2017. 2. Compute the amounts assigned to the 2017 ending inventory and the cost of goods sold using (a) FIFO, (b) LIFO, and (c) weighted average. (Round all amounts to cents.)

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Which of the following is one of the least risky forms of international business activity quizlet?

Which of the following is one of the least risky forms of international business activity quizlet?

Which of the following is one of the least risky forms of international business activity quizlet?

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Which of the following are the most common forms of international business activity?

Importing (buying products overseas and reselling them in one's own country) and exporting (selling domestic products to foreign customers) are the oldest and most prevalent forms of international trade.

What are the major risks associated with doing business internationally quizlet?

there are four major risks for international business as well, such as cross-cultural risk, country risk, currency risk, and commercial risk.

Which of the following is an advantage of exporting?

One of the primary benefits of exporting is access to a global market of buyers. In other words, by exporting your products and going global, you open your business to more than 95% of the world's population - and by not exporting, you limit your sales to less than 5% of potential buyers.

What are some advantages of licensing as a method of entering international business quizlet?

A major advantage of licensing is that it is the least risky method of international expansion. Licensing restricts finances needed for international expansion. Licensing increases the likelihood that a licensor's product will appear on the black market.