Suppose the German Subsidiary of a U

question 36

Multiple Choice

Suppose the German subsidiary of a U.S.firm had current assets of €3 million,fixed assets of €6 million and current liabilities of €3 million both at the start and at the end of the year.There are no long-term liabilities.If the euro depreciated during that year from $.48 to $.38,the FASB-52 translation gain loss.to be included in the parent company's equity account is

• A)0,since the current assets and current liabilities cancel
• B)+$300,000
• C)-$350,000
• D)-$600,000

Determine the minimum price required for a firm to supply a positive amount of output in the long run.

Analyze the effects of changes in factor prices on the supply function.

Calculate the optimal number of units to produce or repair for maximum profit in the long run based on given cost and price information.

Appreciate the role of production functions in shaping supply decisions in economics.

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Definitions:

Reinforcement Theory

A theory in psychology that describes behavior as being driven by external rewards or punishments.

Need Hierarchy

A theory suggesting that people are motivated to fulfill basic needs before moving on to other, more advanced needs.

Self-actualization

The realization or fulfillment of one's talents and potentialities, considered as a fundamental concept in humanistic psychology.

Need for Achievement

A psychological trait that drives an individual to pursue and attain goals, often associated with a high level of motivation and ambition.