Often it is difficult for a firm to obtain adequate global distribution. Compare and contrast the difficulties of distributing in Japan and China.
What will be an ideal response?
The Japanese distribution system may be the most complicated in the world. Imported goods must travel through many layers of intermediaries. The channels are based on historical and traditional patterns of socially arranged tradeoffs that are difficult for the government to change. In addition, retail establishments are very different.
China's roads are below Western standards, and airfreight is rarely available. Most products are transported by truck and train, but determining which truckers are reliable is difficult. In the rail system, theft is a problem.
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The current ratio is
a. used to evaluate a company's liquidity and short-term debt paying ability b. a solvency measure that indicates the margin of safety of a bondholder c. calculated by dividing current liabilities by current assets d. calculated by subtracting current liabilities from current assets
In 2015, Valencia Company purchased equipment for $363,000 and also sold some special purpose machinery with a book value of $155,000 for $182,000 . In its statement of cash flows for 2015, Valencia should report the following with respect to the above transactions:
a. $363,000 cash used by operating activities; $182,000 cash provided by financing activities. b. $181,000 net cash used by investing activities. c. $181,000 net cash used by investing activities; $27,000 net cash provided by operating activities. d. $363,000 net cash used by investing activities.
For what purpose is horizontal analysis used by management? Is this information provided to stockholders? If so, in what form? If not, why?
Which of the following is a measure of the extent to which the returns on a given stock move with the stock market?
A. Beta coefficient B. Standard deviation C. Coefficient of variation D. Correlation coefficient E. Probability distribution of expected returns