Which of the Following Factors Does NOT Represent a Difficulty

question 36

Multiple Choice

Which of the following factors does NOT represent a difficulty that Australian and New Zealand companies face when they try to go international?

• A)great distance from foreign markets
• B)small domestic markets make expansion difficult
• C)low tradability of products
• D)small company size
• E)both A and B

Understand the calculation and significance of key financial ratios including the quick ratio (acid-test ratio) and gross margin ratio.

Recognize the terms and implications of credit sales terms like 2/10, n/30.

Identify the components of the operating cycle for a merchandiser.

Understand the impact of new revenue recognition rules on financial statements.