List the three ways to analyze financial statements. State what each of these ways provides to investors and creditors
What will be an ideal response
Horizontal analysis provides a year-to-year comparison of a company's performance in different periods.
Vertical analysis provides a way to compare different companies.
Ratio analysis provides information about a company's performance. It is used most effectively to measure a company against other companies in the same industry and to denote trends within the company.
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According to Theodore Levitt, what are the three assumptions that favour the pursuit of a "pure" global strategy?
What will be an ideal response?
A purchase should usually not be recognized (recorded) before the title is transferred because, until that point, the vendor has not fulfilled its contractual obligation and the buyer has no liability
Indicate whether the statement is true or false
What is the first step in locating foreign markets?
A. Preparing an export marketing plan. B. Identifying international agents. C. Identifying international distributors. D. Determining whether there is a need for the firm's products. E. Hiring a customs broker.
Which of the following do not generally yield primary data?
A) surveys B) observations C) interviews D) reports E) experiments