International Business: The Challenges of Globalization (9th Edition) (What's New in Management)
9th Edition
ISBN: 9780134729220
Author: John J. Wild, Kenneth L. Wild
Publisher: PEARSON
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Question
Chapter 8.1, Problem 4QS1
Summary Introduction
To Determine:
The word that is calledwhen trade shifts away from nations not belonging to a trading bloc and toward member nations.
Introduction:
The diversion of trade from nations not belonging to a trading bloc in known as trade diversion.
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Students have asked these similar questions
Consider the following simplified financial statements for the Yoo Corporation (assuming no income taxes):
Income Statement
Balance Sheet
Sales
Costs
$ 40,000 Assets
34,160
$26,000
Debt
Equity
$ 7,000
19,000
Net income $ 5,840
Total
$26,000
Total
$26,000
The company has predicted a sales increase of 20 percent. Assume Yoo pays out half of net income in the
form of a cash dividend. Costs and assets vary with sales, but debt and equity do not.
Prepare the pro forma statements. (Input all amounts as positive values. Do not round intermediate
calculations and round your answers to the nearest whole dollar amount.)
Pro forma income statement
Sales
Costs
$ 48000
40992
Assets
$ 31200
Pro forma balance sheet
Debt
7000
Equity
19000
Net income
$ 7008
Total
$ 31200
Total
30304
What is the external financing needed? (Do not round intermediate calculations. Negative amount
should be indicated by a minus sign.)
External financing needed
$
896
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Chapter 8 Solutions
International Business: The Challenges of Globalization (9th Edition) (What's New in Management)
Ch. 8.1 - Prob. 1QS1Ch. 8.1 - Prob. 2QS1Ch. 8.1 - Prob. 3QS1Ch. 8.1 - Prob. 4QS1Ch. 8.2 - Prob. 1QS2Ch. 8.2 - Prob. 2QS2Ch. 8.2 - Prob. 3QS2Ch. 8.3 - Prob. 1QS3Ch. 8.3 - Prob. 2QS3Ch. 8.3 - Prob. 3QS3
Ch. 8.4 - Prob. 1QS4Ch. 8.4 - Prob. 2QS4Ch. 8.4 - Prob. 3QS4Ch. 8 - Prob. 1TAI1Ch. 8 - Prob. 2TAI1Ch. 8 - Prob. 3TAI2Ch. 8 - Prob. 4TAI2Ch. 8 - Prob. 5ECCh. 8 - Prob. 6ECCh. 8 - Prob. 7ECCh. 8 - Prob. 8MESPCh. 8 - Prob. 9MESPCh. 8 - Prob. 10MESPCh. 8 - Prob. 11MESPCh. 8 - Prob. 12MESPCh. 8 - Prob. 13MESPCh. 8 - Prob. 16MESPCh. 8 - Prob. 17MESPCh. 8 - Prob. 18MESP
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