Case summary:
The cross-border capital flows such as foreign direct investment, equity purchase, and bonds all made the world into a global market system. The cross-border capital declined in the year 2014. The global crisis of 2008 was one of the biggest reasons for the decline of cross-border capital throughout the world.
The financial institution Company LB was affected by the global financial crisis. The global market plunged intro great crisis during this period. The global market did not recover even after 7 years of the crisis. The global market cross-border capital flows are still 66% below its peak value.
To explain: The possible course of action for a multinational firm to handle the financial crisis if it happens in the future.
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Chapter 12 Solutions
International Business: Competing in the Global Marketplace
- Provide answer general accountingarrow_forwardSarasota Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis. Quantit Cost per Item Estimated Selling No. y Unit Price Cost to Complete and Sell 1320 1,700 $3.62 $ 5.09 $1.81 1333 1,400 3.05 3.84 1.13 1426 1,300 5.09 5.65 1.58 1437 1,500 4.07 3.62 1.53 1510 1,200 2.54 3.67 1.58 1522 1,000 3.39 4.41 0.90 1573 3,500 2.03 2.83 1.36 1626 1,500 5.31 6.78 1.70 From the information above, determine the amount of Sarasota Company inventory (in dollars).arrow_forwardDifferential Chemical produced 18,000 gallons of Preon and 39,000 gallons of Paron. Joint costs incurred in producing the two products totaled $8,500. At the split-off point, Preon has a market value of $11 per gallon and Paron $3.5 per gallon. Compute the portion of the joint costs to be allocated to Preon if the value basis is used. Please answerarrow_forward
Foundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning