Identify the factor that can be controlled by a company while entering a foreign market

Merchandise Inventory and Cost of Goods Sold appear ________

A) on the balance sheet and statement of retained earnings, respectively B) on the statement of retained earnings and income statement, respectively C) on the balance sheet and income statement, respectively D) on the income statement and statement of cash flows, respectively

The following is a summary of information presented on the financial statements of a company on December 31, 2017

Account 2017 2016 Current Assets $85,000 $75,000 Accounts Receivable 65,000 69,000 Merchandise Inventory 66,000 59,000 Current Liabilities 56,000 48,000 Long-term Liabilities 40,000 45,000 Common Stock 75,000 60,000 Retained Earnings 65,000 46,000 With respect to long-term liabilities, a horizontal analysis reveals ________. A) long-term liabilities decreased by $15,000 B) long-term liabilities decreased by 25.00% C) long-term liabilities decreased by 11.11% D) long-term liabilities decreased by $8,000