A major aspect of operating a business in a host country is the business risk that must be assumed. Which of the following is NOT a business risk?
A) A severe drought
B) The risk of the firm being nationalized by the host country.
C) A rise in interest rates
D) A shift in exchange rates
Answer: B
Explanation: B) Nationalization of assets is a political risk.
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The current maturity of long-term debt is a current liability
a. True b. False Indicate whether the statement is true or false
_____ are intraorganizational networks that support web applications and help HR managers post position vacancy announcements for employees to peruse and consider from their own PCs.
Fill in the blank(s) with the appropriate word(s).
Booms and Bitner added 3 Ps to the traditional 4 Ps primarily in response to the growth of ________
A) technological innovations B) service businesses C) luxury marketing D) not-for-profit, place, and event marketing E) interactive media
Tisdale Company started the year with the following beginning account balances: Raw Materials Inventory, $42,000; Work in Process Inventory, $90,000; and Finished Goods Inventory, $20,000. During the year, the company purchased $60,000 of raw materials and ended the year with $16,000 of raw materials. Direct labor costs for the year were $120,000 and a total of $36,000 of manufacturing overhead costs were incurred. Ending work in process was $82,000 and ending finished goods was $35,000. Goods were sold to customers during the year for $360,000. How much gross margin would be reported for the year?
A. $125,000 B. $145,000 C. $171,000 D. $110,000