Global companies entering new markets will need to adapt their offerings, distribution systems, and operations to local demand and custom

On January 1, Year 1, Clean Dirt, Inc., signed a $10,000,000, 6%, 10-year mortgage note to finance the purchase of an excavator. The note will be repaid in 10 equal annual installments of $1,358,679. Over the 10-year period, as each installment payment is made, the portion of the payment that is Interest Expense ________.

a. The answer cannot be determined from the information given. b. remains the same c. increases d. decreases

The international standard by which letters of credit (L/Cs) are interpreted is known as the ________ 500

A) UCP B) NTR C) FSC D) NTB E) HTS