For the Following Financial Statement Items, Calculate Trend Percents Using

question 17

Essay

For the following financial statement items, calculate trend percents using 2010 as the base year:
$$\begin{array} { | l | r | r | r | r | r | } \hline & { 2014 } & { 2013 } & { 2012 } &{ 2011 } & { 2010 } \\\hline \text { Sales } & \$ 1,195,400 & \$ 1,118,000 & \$ 1,049,000 & \$ 963,200 & \$ 860,000 \\\hline \text { Cost of sales } & 752,400 & 704,000 & 671,000 & 616,700 & 559,000 \\\hline \text { Gross profit } & \$ 443,000 & \$ 414,000 & \$ 378,000 & \$ 346,500 & \$ 301,000 \\\hline\end{array}$$

Assess the impact of exporting and licensing on a company's international expansion efforts.

Distinguish between different internationalization entry tactics including "make," "buy," "ally," and others.

Recognize the role of contractual relationships and alliances in international business.

Explain the disadvantages associated with specific entry modes, such as joint ventures and exporting.

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Definitions:

Nonprofit Organizations

Organizations that prioritize social, cultural, or environmental objectives over profit, reinvesting surplus revenues in their mission.

Transformational

Related to or involving major change in structure or character, often for the better.

Reduced Government Support

A situation where financial or other forms of assistance from government agencies to individuals, organizations, or industries are diminished.

Fund-Raising

the process of gathering voluntary contributions of money or other resources by requesting donations from individuals, businesses, charitable foundations, or government agencies.