Firms Can Expand Internationally Through Several Methods That Require Increasingly

question 29

Multiple Choice

Firms can expand internationally through several methods that require increasingly higher participation in capital at risk and potential for profits and include which of the following?

• A) import/export
• B) partnering through sales subsidiary, licensing or franchising, or joint venture
• C) direct ownership
• D) all of the above

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Definitions:

Salvage Value

The estimated residual value of an asset at the end of its useful life, reflecting what it could be sold for or scrapped for parts.

Journal Entries

Journal entries are the basic means of recording financial transactions in the accounting system, consisting of debits and credits.

Double-declining-balance Method

An accelerated depreciation method that doubles the regular depreciation rate, allowing faster write-off of asset value.

Straight-line Method

Straight-line Method is a depreciation technique that allocates an equal amount of depreciation expense for an asset over its useful life, representing a consistent annual charge.