A(n) _____ retail strategy encompasses the extra elements in a value chain that differentiate one retailer from another

Lynette Company's Inventory balance at 12/31/04 was $200,000 and was $188,000 at 12/31/05. Its Accounts Payable balance at 12/31/04 was $80,000 and was $84,000 at 12/31/05, and its cost of goods sold for 2005 was $720,000. The company's total amount of cash payments for merchandise in 2005 equals:

A) $704,000. B) $712,000. C) $720,000. D) $728,000. E) $736,000.

Financial market integration makes it easier for internationally active firms to ________

A) nationalize manufacturing industries B) minimize offshoring C) increase tariffs on the import of automobiles and industrial machinery D) engage in foreign currency transactions