All of the following are reasons for countries to participate in foreign trade EXCEPT A. it is just as easy to start a business overseas as it is in the United States.
B. no nation can produce all of the products its people want and need.
C. even if a country was self-sufficient, other nations would seek to trade with that country in order to meet the needs of its own people.
D. some nations have resources, but not technological know-how; while others have know-how, but lack resources.

Morgana company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $168,000, $315,900, an $97,200, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,100, machine hours 24,300, and number of inspections 1,800. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection

Alpha industries is considering a project with an initial cost of $8 million. the project will produce cash inflows of $1.49 million per year for 8 years. the project has the same risk as the firm. the firm has a pretax cost of debt of 5.61 percent and a cost of equity of 11.27 percent. the debt–equity ratio is .60 and the tax rate is 35 percent. what is the net present value of the project?

Rats that received electric shocks were unlikely to develop ulcers if the