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Rick Russell Owns a Small Company That Specializes in Waste

question 53

Essay

Rick Russell owns a small company that specializes in waste cleanup on the high seas.He believes that his company can grow dramatically if he can find foreign partners and investors.According to the events and trends cited in the text as affecting global business today,which of these trends would have the most impact on Mr.Russell's business? Explain your rationale.


Definitions:

Operating Activities

Business actions directly related to the production and delivery of goods and services, generating the company’s primary revenue.

Statement of Cash Flows

A financial statement that provides aggregate data regarding all cash inflows and outflows a company receives from its operational, investing, and financing activities.

Government Agencies

Entities established by a government to perform specific functions or provide services in accordance with legislative mandates.

Checks Outstanding

Refers to checks that have been written by a company but have not yet been cashed or cleared by the bank.

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