Answer to Question 1
To facilitate countertrade, firms may agree to establish clearinghouse accounts, in which the exporting firm incurs a counterpurchase obligation of an equivalent value, which is recorded in its clearinghouse account. When the exporting firm eventually buys goods from its partner, its clearinghouse obligation is reduced. Thus, a firm does not need to balance any single countertrade transaction, although it must honor its cumulative set of obligations by the time its clearinghouse account expires.
Answer to Question 2
Public relations consists of efforts aimed at enhancing a firm's reputation and image with the general public, as opposed to touting the specific advantages of the individual product or service.
Percentages of adolescents indicating Benefits and Costs of employment.
Example of calculation of days in accounts receivable (AR).
Example of a chart of accounts.
Transport accounts for 14% of greenhouse gas emissions
The Benefits of Physical Fitness (1 of 2)
Writing can lead to psychological benefits