This topic contains a solution. Click here to go to the answer

Author Question: If a firm determines it can use the percentage-of-sales method and it follows the procedure ... (Read 144 times)

a0266361136

  • Hero Member
  • *****
  • Posts: 538
If a firm determines it can use the percentage-of-sales method and it follows the procedure described in the textbook.
 
  then the net result is that each expense item on its income statement (with the exception of those items that can be individually forecast) will grow at the same rate as sales. This approach is called the ________.
  A) continuous percentage method of forecasting
  B) stable fraction method of forecasting
  C) regular proportion method of forecasting
  D) constant ratio method of forecasting
  E) steady percentage method of forecasting

Question 2

Which of the following is the primary advantage of exporting as a foreign market entry strategy?
 
  A) Provides a firm total control over its foreign operations
  B) Ability to generate revenue
  C) Exporting is a relatively inexpensive way for a firm to become involved in foreign markets.
  D) The exporting company's customers put up most of the capital needed to establish the export operation.
  E) Exporting involves very little effort on the part of a firm.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

HandsomeMarc

  • Sr. Member
  • ****
  • Posts: 360
Answer to Question 1

D

Answer to Question 2

C




a0266361136

  • Member
  • Posts: 538
Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)


Hdosisshsbshs

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Excellent

 

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

For a complete list of videos, visit our video library