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What are the time dimensions of the income statement, the balance sheet, and the statement of cash flows? Hint: Are they videos or still pictures? Explain.
The income statement is like a video: It calculates a firm's profitability over a period of time (that can be a week, a month, a year, or any other time period).
The balance sheet is similar to a still photograph. The balance sheet depicts the firm's assets, liabilities, and equity at a specific point in time.
This cash flow statement similar to the income statement can be compared to a video: It depicts how cash flows into and out of a company over a specific period of time.
Explain and compare forward vs. backward internalization. Forward internalization takes place when MNCs with intangible assets make FDI in order to use the assets on a larger sca
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You are the chief financial office (CFO) of Gaga Enterprises, edgy fashion design firm. Your firm needs $10 million to expand production. How do you think the process of raising th
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what business organization do you preffer ? service concern,trading concern or manufacturing concern
Explain the Strategic alliance Two or more organisations agree to work and collaborate informally together however remaining independent from one another. Simila
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