Exporting disadvantages may include ________
A) Sell excess production capacity
B) Gain information about foreign competition
C) Enhance potential for corporate expansion
D) Stabilize seasonal market fluctuations
E) Modify products or packaging
E
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A coupon on a 2-liter bottle of Pepsi, offering $1.00 off on a bag of potato chips, is a ________ coupon
A) cross-ruffing B) scanner-delivered C) response-offer D) instant redemption
A Kuwaiti subsidiary of Hiawatha Corp (a U.S. firm) has certain balance sheet accounts on December 31, 2017 . The functional currency is the U.S. dollar and currency of record is the dinar and the parent's books are kept in U.S. dollars
Information relating to these account in U.S. dollars is as follows: Translated at Current Rate Historical Rate Cash $150,000 $150,000 Accounts Receivable 115,000 110,000 Inventories 285,000 255,000 Prepaid Insurance 12,000 10,000 Land 90,000 180,000 Buildings 500,000 800,000 Required: From the above information, prepare the asset portion of the subsidiary's trial balance.