Small businesses into international marketing
What forces drive small businesses into international marketing? What are the advantages and disadvantages of going global? What strategies can small businesses use to go global?
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A company issues $5,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2010. Interest is paid on June 30 and December 31. The proceeds from the bonds are $4,901,036. Using effective-interest amortization, how much interest expense will be reco
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On January 1, Martinez Inc. issued $3,000,000, 11% bonds for $3,195,000. The market rate of interest for these bonds is 10%. Interest is payable annually on December 31. Martinez uses the effective-interest method of amortizing bond premium. At th
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selling and shipping costs of $7,000 were incurred on the job. Manufacturing overhead was applied a the rate of $25 per machine-hour and Job ICU2 required 800 machine-hours. If Job ICU2 consisted of 7,000 shirts, what was the Cost of Goods Sold pe
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