Which of the following occurs in a country's balance of payments when a country exports more goods and services and receives more income from abroad than it imports and pays abroad?

Reading Corporation is considering an investment opportunity with the following expected net cash inflows

Year 1, $250,000; Year 2, $350,000; Year 3, $395,000. At the end of Year 3, the residual value of the investment would be $50,000. The company uses a discount rate of 12%, and the initial investment is $400,000. Calculate the NPV of the investment. Present value of $1: 11% 12% 13% 14% 1 0.901 0.893 0.885 0.877 2 0.812 0.797 0.783 0.769 3 0.731 0.712 0.693 0.675 4 0.659 0.636 0.613 0.592 5 0.593 0.567 0.543 0.519 What will be an ideal response

In Chinese markets, Nike had a problem using the "Just Do It" attitude which was found not to be appropriate. Finally, Nike decided to use Chinese athletes in their promotion. This type of adaptation was needed due to:

A) the Chinese do not wear running shoes. B) ingrained Chinese values which respect authority. C) Chinese athletes use Nike shoes. D) "Just do it" in Chinese has a negative connotation. E) parents do not want their children to see such ads.