Quality Control for Firms that Perform Audits and Reviews of Financial Statements, and Other Assurance Engagements is the role does the cpa Canada handbook assurance have in the professional activities of public accountants in Canada .
What is meant by Canada handbook assurance ?
The International Standards on Auditing (ISAs) have been adopted as Canadian Auditing Standards by the Auditing and Assurance Standards Board, which is reflected in the CPA Canada Handbook - Assurance (CASs). The CASs became applicable for financial statement audits for reporting periods that ended on or after December 14, 2010.
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An organization uses a database and application development tools through a cloud provider's _____ services.
An organization uses a database and application development tools through a cloud provider's PaaS services.
What is the significance of PaaS service?PaaS stands for Platform as a service. Platform as a service a complete development and deployment environment in the cloud.
Platform as a service consist of resources that enable the organizations to deliver everything from simple cloud-based apps to the sophisticated, cloud-enabled enterprise applications.
Basicaly, PaaS is use to create business applications much more quickly than with on-site solutions.
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Your company purchases a new bridge that filters packets based on the mac address of the destination computer. on which layer of the osi model is this device functioning?
A new bridge that filters packets according to the destination computer's mac address is purchased by your company. This device operates on the OSI model's Data layer.
A new bridge that filters packets according to the destination computer's mac address is purchased by your company. This device operates on the OSI model's Data layer.
The location to which data is conveyed is referred to as a destination computer or a target. As in the case of copying data from a hard disc to a USB flash drive, the flash drive is the destination and the hard drive is the source. Another illustration is when you download something from the Internet; the website serves as the source, and your destination computer serves as the final destination.
A destination computer is a structure or building used largely for the storage of items intended for later delivery to retail establishments. A destination computer does not refer to a structure or building used primarily for the storage of petroleum products, raw agricultural products, goods for manufacturers to employ in their manufacturing processes, or raw agricultural products.
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Jennifer invested $20,000 in a savings account for 3 years at 6ompounded annually. what is the future value of jennifer's investment?
Jennifer invested $20,000 in a savings account for 3 years at Compounded annually. Jennifer's investment future value is Future value = $20,000 x (1.06)3 = $23,820
What is Future Value?
The worth of a current asset at some point in the future based on an estimated rate of growth is known as future value (FV). For investors and financial planners, the future value is crucial because they use it to predict how much an investment made now will be worth in the future. Investors can make wise investment choices based on their projected demands by knowing the future worth. However, external economic forces that depreciate an asset's value, such inflation, might have a negative impact on the asset's future worth. One can compare present value (PV) to future value.
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What is the premise behind the marketing concept stage in the evolution of marketing?
The marketing concept is focused on the idea of using the product to meet the wants of the consumer and alleviate their issue (needs).
The Marketing Concept is a significant shift in today's business attitude that lays the groundwork for gaining a competitive edge. What is the underlying principle of the marketing idea? assume that international consumers desire the same products and marketing strategies as consumers in the United States. Marketing's transition towards the production-oriented era.
Era of Product-Orientation
Eras of sales and marketing orientation.
Era of Relationship Marketing Focus.
In other words, the marketing concept is crucial since it establishes how your organization will generate revenue and grow. It asserts that a business's main duty is to satisfy the client's requirements. This is achieved by researching market demands and then tailoring your product or service to best meet those needs.
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can anyone help me with the answer to Application problem 1-2.1 randomized?
3. what factors are needed to support successfully charging the consumer for online content?
Before people will pay for online content, it must be targeted, exclusive, valuable, and distinctive.
By online content, what do you mean?online content is any written, graphic, or audio material that is made available online and that users encounter while using and interacting with websites.It may consist of content that is placed into web pages, such as text, photos, audio, and video files.Any type of information that is available online is considered to be digital content. Online content is also referred to as digital media and is saved in certain forms on digital or analogue storage. Information that is streamed, broadcast, or stored in computer files digitally is an example of an online content type.To know more about Online content, refer to the following link
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If+your+net+adjustments+exceed+_______%+when+using+a+urar+form,+fannie+mae+requires+an+explanation.
If your net adjustments exceed No explanation is needed % when using a urar shape, fannie mae calls for an explanation.
For folks who recognize, No rationalization is wanted. For folks who do not understand, No clarification is viable - Ziad k. Abdelnour - Held In Our Hearts.
For individuals who accept as true with in God, no rationalization is important; for people who do now not accept as true with in God, no clarification is possible. REV. JOHN l. a. FARGE.
Explanation writing is a text that explains some thing. It sounds apparent, however it is a touch more complicated than it'd at first appear. an evidence is normally a reaction to a question. it is written very clearly with the reader in mind.
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A ________ can be defined as a recurring period of decline that usually lasts 6 months to a year and includes many widespread contractions from many areas of the economy.
A Recession can be defined as a recurring period of decline that usually lasts 6 months to a year and includes many widespread contractions from many areas of the economy.
A recession is a significant slowing or contraction of the economy. A recession typically results from a sizable decrease in spending. Such a downturn in economic activity may continue for a number of quarters, entirely impeding an economy's progress. Economic index like the GDP, company profits, employment levels, etc. decline in such circumstances. The result is chaos throughout the entire economy. In order to combat the threat, economies typically react by easing their monetary policies and boosting the amount of money available to the market, or the money supply.
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A street vendor sells two types of newspapers, one for $0. 25 and the other for $0. 40. If she sold 100 newspapers for $28. 00, how many newspapers did she sell at $0. 25?.
A street vendor sells two types of newspapers, one for $0. 25 and the other for $0. 40. If she sold 100 newspapers for $28. 00. A street vendor sold 80 newspapers for $0.25.
He shouldn't be selling. One newspaper is $0.25 for him.
if $0.40=100−x the number of sheets of another kind of newspaper
according to the question
=0.25(x)+0.40(100−x)=28
=0.25x+40−0, 40x=28
=0.25 x−0.40 x=28−40
=−0.15x=−12
=x=12/0.15
=x=80
Then the street vendor sells 80 newspapers of one type at a price of 0.25.
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A pharmaceutical company has asked you to design a compound to inhibit lipid transportation in the cytosol. The specific location of activity and other effects it might have are?.
A pharmaceutical company has asked one to design a compound to inhibit lipid transportation in the cytosol. The specific location of activity and other effects it might have are:
"The activity of the substance would have to occur between the cell membrane and the exterior layers of the organelles; it may also slow down regular ER processes and vesicle-aided protein transport."
What is Lipid Transportation?Lipolytic byproducts and micellarized lipid are transported across the brush-border membrane by vectorial distribution through the apical cytoplasmic segment to the endoplasmic reticulum (ER).
What are Organelles?Organelles are defined as specialized structures within cells that conduct a variety of functions. The name literally translates to "little organs."
It is to be noted as well that Organelles provide specialized functions to keep a cell alive in the same way that organs such as the heart, liver, stomach, and kidneys serve specific roles to keep an organism alive.
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A property sold for $129,000. it was not improved or added onto, and it re-sold 12 months later for $141,900. what is the annual change in market conditions indicated by this sale?
A 10% increase is the annual change in market condition.
$141,900 - $129,000 = increase of $12,900. $12,900 / $129,000 = 10% over 12 months (1 year).
In economics, a market is a composition of systems, institutions, procedures, social family members, or infrastructures wherein parties interact in change. At the same time as parties may additionally alternate goods and services by using barter, maximum markets rely upon dealers imparting their items or services to buyers in change for money.
The definition of a market is a place where you move to shop for things or a call for a selected object. An example of a marketplace is a grocery keep or a farmer's market where stands are set up and fruits and veggies are sold.
In economics, a market does now not imply a selected location however the whole place in which sellers and buyers of a product ate spread. Contemporary modes of communication and shipping have made the marketplace area for a product very huge.
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Is a management function that includes anticipating trends and determining the best strategies and tactics to achieve organizational goals and objectives.
Planning is a management function that includes anticipating trends and determining the best tactics and strategies for achieving organizational goals and objectives.
Planning is a very important management function that is carried out by the management. Planning includes analyzing the trends that are going on in the market. Then the management needs to develop tactics and strategies. These strategies and tactics that are so developed will help the organization to meet its goals and objectives.
Planning can be divided into three types and all these are carried out by the management. The first type of planning done by top-level management is long-term planning. The second level of panning is middle-level management is short-term planning. The day-to-day planning is done by the functional managers.
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Clever computers has a five-day workweek and pays the office staff $3,050 each week. if the month ends on a thursday, the adjusting entry will credit wages payable for:_________
$2,440.
The adjusting entry increases Wages Payable for four days' pay [($3,050/5 days) = $610 × 4 days = $2,440] Monday through Thursday.
Adjusting journal is a process of adjusting the actual records or facts at the end of the accounting period. Adjusting journals can be prepared based on data obtained from the trial balance and data on the results (information) of period-end adjustments.
This adjusting entry is also known as the journal entry. One thing that must be known with journal entries is the journal that is made through transaction information as material for changes in this journal. Or as a process of recording changes in balance. Derived from multiple accounts, thus reflecting the actual balance amount.
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The supply of apple tv rentals. an increase in the price of online movie rentals would result in the change illustrated by the move from:_________
With the exception of an increase in input prices, all of the following would lead to an increase in the supply of a good. When a market is in equilibrium, the quantity requested and the quantity supplied are equal. A rise in demand indicates that consumers intend to buy more of the product at all cost ranges. c. A leftward shift in the demand curve represents a reduction in demand. d. When demand declines, consumers want to buy less of the product at all prices.
A shift in the price of a good or service does not modify the demand curve; rather, it causes movement along a particular demand curve and often results in some change in the quantity sought.
According to the law of supply, there is a direct correlation between price and the amount delivered. In other words, when the price rises, the amount supplied rises as well. An upward-sloping line from left to right is used to illustrate this.
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What is a common method used to increase capacity with a lag strategy?
a. overtime subcontracting
b. new facilities
c. new machinery
d. overtime and subcontracting
The common method used to increase capacity with a lag strategy is overtime and subcontracting.
What is lag strategy?
The Lag Strategy is much more conservative than the Lead Strategy as it waits until the current capacity is stretched to its limits before adding more capacity. In this strategy, manufacturers respond to an actual increase in demand and boost capacity after the current operation runs in full steam.
What is overtime and subcontracting?
Subcontracting as a resource of capacity available in a continuous-time context, which can be used throughout a period. The term overtime, on the other hand, is reserved for the resources used at discrete intervals, such as end of a day or a week, to handle emergency situations.
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What is the correct order to present the following items in the income statement?
a) discontinued operations
b) income tax
c) expense net
d) income other
e) revenues and expenses
The correct order to present the following items in the income statement are:
a) discontinued operations
e) revenues and expenses
c) expense net
d) income other
b) income tax
An organization's financial performance over a specific time period is shown on the income statement. An organization's revenue generation, cost burden, and net profit or loss for a reporting period are quantitatively broken out in the statement. The income statement must be included in the financial statements that an organization releases.An income statement assists business owners in determining if they can make a profit by raising sales, cutting expenses, or doing both. Additionally, it demonstrates the success of the plans the company made at the start of a certain fiscal year.
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Why is private property and the protection of property rights so critical to the market system?
Property rights protection and personal belongings possession are crucial to the marketplace gadget's fulfillment as it steers monetary growth via encouraging innovation and personal investments. property rights also allow belongings preservation and alternate.
Property is any item that a person or a commercial enterprise has legal title over. belongings may be tangible gadgets, which include homes, vehicles, or home equipment, or it can talk over with intangible objects that carry the promise of future worth, which includes stock and bond certificate.
Property is something this is owned, whether or not it's far goods, land or innovative. An instance of belongings is a person's residence.
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How do financing activities differ from investing activities? (check all that apply.)
Different from investing activities are financing operations.
Investment activities do not include the exchange of cash for a company's equity; financing activities occasionally do.
Investing operations do not include the exchange of money for debt, although financing activities occasionally do.
Purchases of tangible assets, investments in securities, and sales of assets or securities are all examples of investing activities. If management is investing in the company's long-term health, negative cash flow from investing activities could not be a bad thing.
How does investing work?
Investments are assets that are bought or invested in to increase wealth and set aside cash from hard-earned income or appreciation. The main purpose of an investment is to create an additional source of income or to generate a profit over a certain amount of time.
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If 10-year t-bonds have a yield of 6. 2%, 10-year corporate bonds yield 8. 5%, the maturity risk premium on all 10-year bonds is 1. 3%, and corporate bonds have a 0. 4% liquidity premium versus a zero liquidity premium for t-bonds, what is the default risk premium on the corporate bond?.
The default risk premium on corporate bonds is 1.90%.
The default risk premium is the additional amount of the interest rate paid by the borrower to the lender/investor as compensation for the borrower's higher credit risk assuming his failure to repay the principal amount in the future and can be mathematically explained as the difference between the interest rates. interest paid on bonds and a risk-free rate of return.
The default risk premium (DRP) serves as a compensatory payment to the investor or lender if, in any case, the borrower defaults on his debt. DRP generally applies to bonds. Any lender will charge a higher premium if there is a possibility that the borrower will default on its debt payments, i.e., default on recurring interest payments or principal amounts according to agreed terms and conditions. This acts as an incentive for the lender as he gets more rewarded for the risk taken.
Default risk premium formula = Interest rate - risk free rate
Default risk premium = 8,5%-(0,4%+6,2%)
Default risk premium = 1,9%
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Brexit has some serious difficulties associated with free trade and global integration that espouses?
Brexit has some serious difficulties associated with free trade and global integration that espouses A) free movements of goods, services, capital, and people across countries.
Trade is imperative to ending worldwide poverty. countries that might be open to worldwide change generally tend to develop faster, innovate, improve productivity, and offer higher profits and more possibilities to their people. Open trade also advantages lower-earning families by means of imparting consumers less expensive items and offerings.
Trade refers back to the voluntary change of products or services among distinct financial actors. For the reason that parties are beneath no duty to change, a transaction will simplest occur if each event bear in mind it is beneficial to their hobbies.
The exchange first started around 3000BC in historic Mesopotamia and the Indus Valley. Special materials together with spices, metals, and materials, have been traded. towns that had more items to alternate became rich. while civilizations got bigger, there have been extra those who wished for greater resources.
Disclaimer: The question is incomplete. Please read about below to find the missing content.
Question: Brexit has some serious difficulties associated with free trade and global integration that espouses
A) free movements of goods, services, capital, and people across countries.
B) free movements of goods and services only.
C) free movement of capital and people across countries.
D) none of the above
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On febuary 1, johnson company purchased $2,800 of supplies on accoount. on febuary 1, johnson company debited supplies expense, which is an alternate way of recording the initial expendiutre?
The account is a personal account this is required to get entry to, over the counternotification and authorization to positive online services. it is also regularly used as an unmarried sign-on for third birthday party services.
To file account prevalence of expenditure, an accountant needs to display evidence of over-the-counter transactions happening. for instance, an income receipt will display evidence of a sale, while a counter bill will imply a request for payment for items and offerings.
The profits and Expenditure Account is ready on an accrual basis. All earning and charges relating to over accounting year, over-the-counter counter truly obtained and paid or no longer, are considered. Expenditure is recorded on the debit and income is recorded on the credit score aspect.
Supplies In hand 2050
Supplies Exp. 2050
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If+you+earn+7%+per+year+on+your+bank+account,+how+long+will+it+take+an+account+with+$100+to+double+to+$200?+(do+not+round+intermediate+calculations.+round+your+answer+to+2+decimal+places.)
10.24 years it will take an account With $100 To Double To $200. If you Earn 7% Per Year On Your Bank Account.
Number of years = In(Future value /present value ) /In(1+r)
= In(200/100)/In(1+.07)
=In(2)/In(1.07)
= .6931472/.06765865
= 10.24 years
A bank account is a type of financial account that is kept by a bank or other financial organization and is used to record financial transactions between the bank and its clients. Every financial institution determines the terms and conditions for every form of account it provides.
These bank account are categorized into categories that are easily understood, such as deposit accounts, credit card accounts, current accounts, loan accounts, or many other sorts of accounts. A client could have multiple accounts. After an account is formed, deposits made by the customer to the financial institution are recorded in the account they chose. Money can be taken out of loan loaders.
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The complete question is
If you earn 7% per year on your bank account, how long will It take an account with $115 to double to $230? (Do not round intermediate calculations. round your answer to 2 decimal places.)
What is the impact of organizational governance on the implementation of strategic goals?
Organizational governance has a significant impact on the implementation of strategic goals. It plays a crucial function in strategy formula and strategic transport.
Organizational governance applies to several aspects of the organization, along with setting the company’s prescient, cause, and strategic desires, presenting the right leadership and culture for management to attain the ones desires, and establishing clear parameters for measuring overall performance.
Organizational governance assists to preserve a healthy courting between the board, management, and a numerous range of outside stakeholders. This prevents warfare and ensures that all events are working in the direction of the same collective goals.
Often instances organizations put in force a plan but fail to execute a method that measures overall performance on assembly and achieving objectives. The strategic management plan must be used as a specific blueprint of the direction of the enterprise, which incorporates a strategic evaluation, which includes -- SWOT (strengths, weaknesses, opportunities, and threats).
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At which level of the organization might this decision example most likely be made?
The level of the organization might this decision example most likely be made by -
Managerial - Decide to increase recruiting efforts for key positions,
Operational - Decide to schedule more employees for the evening shift, Strategic - Decide to pursue additional business opportunities,
Strategic - Decide to expand organization globally
An organization or organization is an entity, such as a company, institution, or association, made up of one or more people and having a specific purpose. The word comes from the Greek word organon, which means tool or instrument, musical instrument or organ.
What is organization by example?
The definition of organization refers to the act of putting things in logical order, an efficient and methodical approach to a task, or a group of people who come together formally. Clearing out your desk and placing all your documents in a logical place is an example of organization.
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The organization might this decision example most likely be made: Managerial - Decide to increase recruiting efforts for key positions, Operational - Decide to schedule more employees for the evening shift, Strategic - Decide to pursue additional business opportunities, Strategic - Decide to expand the organization globally.
The definition of organization refers to the act of putting things into a logical order or the act of taking an efficient and orderly approach to tasks, or a group of people who have formally come together. When you clean up your desk and file all of your papers into logical spots, this is an example of organization.
Organizing your daily schedule and tasks allows you to concentrate on what needs to get done that day instead of being distracted by things around you. At nighttime, you are able to prioritize sleep and rest easy knowing it's done. As an added bonus, prioritizing adequate sleep can help relieve stress. Effective organizations produce results and to be fully effective, nonprofits must demonstrate strength in five key organizational areas: leadership, decision-making and structure, people, work processes and systems, and culture. “Too many people are involved in every decision.”
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If a firm can sell its product for more than its fixed costs, but not for more than its totals costs:________
If a firm can sell its product for more than its fixed costs, but not for more than its totals costs, it will increase its production quantity.
A firm can be a company which include a patron goods save that offers a physical product. it may additionally describe provider vendors inclusive of barbers. even though the word firm can talk over with any for-income enterprise, we use it more often to explain entities mainly industries along with law and accounting.
Examples of firm are a sole proprietorship, partnership, confined liability business enterprise, or organization. The time period is slightly more commonly associated with a partnership. Given the vast reach of this term, it can't be used to specify the felony protections afforded by means of a certain type of criminal corporation.
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You have an investment that will pay you 2.46 percent per month. how much will you have per dollar invested in one year?
Your investment will yield a monthly return of 2.46 percent. In a year, your investment will be $1.02 per dollar.
Future value is the value of a present asset at some time in the future based on an anticipated rate of growth (FV). The future value is important to investors and financial planners because they use it to estimate how much an investment made now will be worth in the future.
According to the concept of present value, money is worth more now than it will be later. In other words, money earned now is worth less than money earned tomorrow for the same amount. A $1,000 present given today is more valuable than one given in five years.
FV = PV × [tex](1 + r)^N[/tex]
PV = 1
r = 2.46%
N = 1.00
FV = 1 × [tex](1 + 0.0246)^1[/tex]
FV = 1.02
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Discuss the three categories of start up capital
There are three startup stages: early-stage, venture-funded (growth) stage and late stage. moving from early-level to venture-funded (increase) level is well delineated, however different phases are only loosely described.
Startup capital is the money raised through an entrepreneur to underwrite the expenses of a assignment till it begins to turn a earnings. venture capitalists, angel investors, and conventional banks are a number of the assets of startup capital. An ordinary startup journey has three tiers — ideation, increase, and expansion. At every level, startups tend to perform a extensive variety of activities that help them develop. every successful startup pursuits to minimise the time taken to advance from one degree to the opposite. raising begin-up capital is an crucial part of developing your own business as an entrepreneur. When you are dedicated to the idea of your agency you will need investment to get started. This investment is referred to as startup capital. Startup capital is the gasoline that feed the hearth and every enterprise needs capital. so that you can rent space, buy system, increase new merchandise, and market or sell your carrier, you may want some shape of capital. Startup capital gives you a way to launch your commercial enterprise and provide for those prices until you begin bringing in sales.
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The president of state university wants to forecast student enrollments for this academic year based on the following historical data: year enrollments 5 years ago 15,000 4 years ago 16,000 3 years ago 18,000 2 years ago 20,000 last year 21,000 what is the forecast for this year using the naive approach?
last year 21,000 is the forecast for this year using the naive approach.
A forecast is a method of predicting the future primarily based on the consequences of the preceding information. It includes a detailed evaluation of past and gift traits or activities to expect destiny occasions. It uses statistical equipment and strategies. Therefore, it is also referred to as Statistical evaluation.
A typhoon in October 1859 that triggered the lack of the Royal charter stimulated FitzRoy to expand charts to allow predictions to be made, which he knew as "forecasting the climate", consequently coining the term "weather forecast".
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What is the future value of $2,500 per year for 15 years at an interest rate of 6.63 percent?
The future value is important to investors and financial planners because they use it to estimate how much an investment made now will be worth in the future.
Present Value (PV): = $2,500
Interest Rate = 6.63%
Interest Period = 15
Future Value = 927.31
FV=PV(1+i)n
FV=PVert
Investment: The sum invested.
Interest rates: The rate at which investments are returned.
Years: The length of time, in years.
What Is Future Value (FV)?
Future value is the value of a current asset at some time in the future based on an anticipated rate of growth (FV). Knowing the future worth enables investors to choose wisely based on their anticipated needs. However, external economic factors that reduce an asset's value, such inflation, could harm the asset's potential value in the future.
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Stephanie works for a company that manufactures purses and is considering employing a trading company to reduce the risk of getting involved in international marketing. What is one of the benefits of using a trading company?.
Stephanie works for a company that manufactures purses and is considering employing a trading company to reduce the risk of getting involved in international marketing. One of the benefits of using a trading company is that it facilitates all marketing aspects of a transaction.
Trading companies are a type of companies whose business relays on buying products from one country and selling it to other countries. As local businessmen are familiar with the market aspects of their own countries, trading companies have a sound knowledge of the market among various countries.
Companies, like the one in which Stephanie works, can sell their manufactured purses in their own country as they know about the market but they require trading companies for international marketing. A contract is made between the manufacturing company and the trading company which benefits both companies. The manufacturing company hence does not have to take risk of international marketing strategies with the involvement of trading companies.
Although a part of your question is missing, you might be referring to this question:
Stephanie works for a company that manufactures purses and is considering employing a trading company to reduce the risk of getting involved in international marketing. What is one of the benefits of using a trading company?
It negotiates with the government to get the best deals.
It handles all manufacturing services
It facilitates all marketing aspects of a transaction
It develops advertising campaigns for the advertising firm.
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