Answer the following 5 questions. Must be 150 to 200 words each. APA format with references.
1. Differentiate between transaction and translation risks. Explain how these risks affect firms and investors.
2. Describe the product life cycle as a useful tool for managing products after they have been introduced to foreign markets.
3. Explain how financial statement analysis can be used to evaluate a company's financial situation.
4. Describe the most important reports produced by the accounting information system.
5. Discuss the sources of funds to finance international trade and investment.