Indirect exporting implies the use of:
a. foreign sales representatives.
b. foreign distributors.
c. export trading companies and export management companies.
d. wholly owned foreign subsidiaries.
c
You might also like to view...
Exhibit 13-1 On January 1, 2017, Oak Corporation paid $900,000 for 87,500 shares of Beech Company's common stock, which represents 35% of Beech's outstanding common stock. Beech reported income of $300,000 and paid a cash dividend of $100,000 during 2017. ? Refer to Exhibit 13-1. Oak should report income from the investment in Beech Company for 2017 of
A) $70,000. B) $140,000. C) $105,000. D) $300,000.
An investor purchased 500 shares of common stock, $25 par, for $21,750. Subsequently, 100 shares were sold for $49.50 per share. What is the amount of gain or loss on the sale?
A) $12,750 gain B) $600 gain C) $600 loss D) $9,250 loss
Arnold is the in-house counsel of Frankin, Inc, a wealthy corporation that is facing a dispute with a consumer. The allegations made by the consumer can be potentially damaging for the corporation
The directors of Frankin want to avoid a trial in court. However, they are likely to get a judgment in their favor as they have a strong case. If Arnold feels that an educated jury will be favorably disposed toward Frankin, Inc, which of the following alternative methods of dispute resolution should he recommend? A) private trial B) arbitration C) mediation D) summary jury trial
Which of the following statements is CORRECT?
A. If a security analyst saw that a firm's days' sales outstanding (DSO) was higher than the industry average and trending still higher, this would be interpreted as a sign of strength. B. A high average DSO indicates that none of the firm's customers are paying on time. In addition, it makes no sense to evaluate the firm's DSO with the firm's credit terms. C. There is no relationship between the days' sales outstanding (DSO) and the average collection period (ACP). These ratios measure entirely different things. D. A reduction in accounts receivable would have no effect on the current ratio, but it would lead to an increase in the quick ratio. E. If a firm increases its sales while holding its accounts receivable constant, then its days' sales outstanding will decline, other things held constant.