. Best Care Pharmacy Ltd (BCPL) sold some medication with a cost of $400 for $900 on account. Assuming BCPL uses the periodic inventory system, the entry to record the cost of medicine sold would be ______. a. None of the listed b. Dr. Sales Revenue and Cr. Accounts Receivable for $900 c. Dr. Cost of Goods Sold and Cr. Merchandise Inventory for $400 d. Dr. Accounts Receivable and Cr. Sales Revenue for $900

Answer:

Your LinkedIn lead generation is failing due to the following mistakes:

There are tons of big and small mistakes that marketers make when it comes to LinkedIn lead generation. However, the worst thing is to not learn from those mistakes and keep repeating the mistakes.

The resulting values for employment and the real wage are 70.3125 and $1.5811 per hour, respectively.

The introduction of the minimum wage does not increase the total income of workers taken as a group.

To find the resulting values of employment and real wage, determine where the labor supply curve intersects the labor demand curve.

MPN =

\(4.5K^0.5 N^-0.5 = (9K N)^0.5 / (2KN)^0.5 = (9/2)^0.5 (K/N)^0.5 = w/P

\)

where P is the price of output, which we can assume is equal to 1.

This equation can be rearranged to solve for N:

N =

\((9/2) (K/w)^2\)

Plugging in K = 25 and w = 2, we get:

N =

\((9/2) (25/2^2) = 70.3125\)

To find the real wage, we can plug this value of N into the labor supply curve:

NS =

\(100[(1-t)w]^2 = 100(1-0)(2)^2\)

= 400

Since labor supply exceeds labor demand, the real wage will be bid down to the equilibrium level.

\((9/2)^0.5 (K/N)^0.5 = w/P

(9/2)^0.5 (25/N)^0.5 = 1/2

N = (9/2) (25/2^2) = 70.3125

w = 2(70.3125/100)^0.5 = 1.5811\)

The equilibrium real wage is $1.5811 per hour.

To determine whether the introduction of the minimum wage increases the total income of workers,

Total income before minimum wage = wN = 1.5811 x 70.3125 = $111.31

After the minimum wage of $2 is imposed, the real wage is fixed at $2, and the level of employment is determined by the intersection of the labor supply and demand curves at this wage:

N =

\((9/2) (25/2^2) / (2)^2 = 35.15625\)

Total income after minimum wage = wN = 2 x 35.15625 = $70.31

Since the total income of workers decreases from $111.31 to $70.31 after the minimum wage is imposed, the introduction of the minimum wage does not increase the total income of workers taken as a group.

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I would want to know the applicant's credit history so as to be able to determine the likelihood of the applicant paying back the loan. An applicant that has a history of defaulting on loans or has maxed out credit cards is unlikely to pay back a loan.

For example, consider two applicants, Mr A and Miss B, who come to apply for a loan. Mr A. has a three maxed out cards, he has defaulted on a loan payment at another bank and he is currently unemployed. On the other hand, Miss B is a student with no history of debt. She came to apply for a loan so as to be able to pay for her college tuition.

Miss B has a better credit history when compared with Mr A. She is less likely to default on payment and hence she is a better candidate for the loan. If the loan officer does not check for this information, he would not be privy to the information and so he is in danger of giving the loan to the less suitable person.

Credit history is a report that provides information on the repayment of debt of an individual. It provides information about amount owed and how soon repayments were made. Credit history is usually contained in a credit report

Contents of a credit report

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Answer:

always be it and never fail

Explanation:

The amounts reported for inventory and accounts payable on the subsidiary translated balance sheet are 18,619 Martian credits and 14,217 Martian credits, respectively.

A US-based company that has an 80% stake in a Martian company has to report the assets, liabilities, and equity of its subsidiary on its consolidated financial statements in US dollars. The Martian currency is known as the Martian credit. During the year, the parent company sold inventory with a cost of 24500 to the subsidiary on account for 28,500 when the exchange rate was 0.519 to the subsidiary.

One-half of the inventory still belongs to the subsidiary, and at the end of the physical year, the subsidiary had not paid for the purchase.The account that remained unpaid is denominated in dollars, and the exchange rate was 0.4994 at the end of the fiscal year.

The functional currency of the company is Martian credit, and the dollar amount of the balance sheet needs to be translated into the Martian currency. In order to calculate the inventory and accounts payable, we will use the current rate method. The first step in the calculation is to find the closing rate of the Martian credit to the US dollar.Exchange rate at the fiscal year-end: $1 = 0.4994

Martian creditThe amount reported for inventory on the subsidiary translated balance sheet can be calculated as follows:

Beginning inventory: 12,250 (since the subsidiary still holds one half of the inventory)

Cost of inventory sold to the subsidiary: 24,500

Closing rate of the Martian credit to the US dollar: 0.4994

Martian credit reported inventory = (12,250 + 24,500) × 0.4994 = 18,619

Martian credits The amount reported for accounts payable on the subsidiary translated balance sheet can be calculated as follows:

Beginning accounts payable: 0Amount owed to parent company: 28,500

Closing rate of the Martian credit to the US dollar: 0.4994

Martian credit reported accounts payable = (0 + 28,500) × 0.4994 = 14,217 Martian credits

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In the operating activities section of the statement of cash flows, the amount related to this transaction would be the loss of $3,248 added back to the net income.

In the indirect method of preparing the statement of cash flows, the operating activities section includes adjustments to net income for non-cash items and changes in working capital. The sale of a fixed asset and the loss incurred from it are both non-cash items that need to be considered.

Since the loss from the sale of the fixed asset is $3,248, this loss is added back to the net income when calculating the operating activities section. This is because the loss is a non-cash expense and does not represent an actual outflow of cash.

Therefore, in the operating activities section of the statement of cash flows, the amount related to this transaction would be the loss of $3,248 added back to the net income. This adjustment would increase the net income by $3,248 in the operating activities section, reflecting that the loss from the sale of the fixed asset does not affect the cash generated or used by the operating activities of the corporation.

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Based on the computed liquidity ratios below, the loan should be advanced to Blue Co. It has better performing liquidity ratios than Pink Co.

Liquidity ratios assess a company's ability to pay off its short-term liabilities. Liquidity ratios determine how quickly a company can convert assets and use them to pay off debts. The higher the ratio, the easier it is to clear debts and avoid payment defaults.

Current Ratio = Current assets/Current liabilities

                                                 Pink Co.                              Blue Co.

Current Ratio               $910,000/$305,000         $1,140,000/$350,000                                

                                                 = 2.98                               = 3.25

Quick Ratio =  (Current assets - Inventory)/Current liabilities

                                           Pink Co.                         Blue  Co.

Quick Ratio    910,000-570,000/305,000       1,140,000-518,000/350,000

                                          = 1.11                                         =1.77

Operating Cash Flow Ratio = Cash/Current liabilities

                                                           Pink Co.                           Blue Co.

Operating Cash Flow Ratio = $120,000/$305,00  $320,000/$350,000

                                               = 0.39                                = 0.91

Therefore, Blue company is at better risk due to high liquidity ratios.

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Bonus packs provide consumers with a(n) immediate reward and, for manufacturers, primarily serve a repeat purchase  objective.

What is  repeat purchase ?

A repeat purchase is when a customer buys the same brand of product that they previously purchased. Recurring purchases show how loyal a customer is to a particular brand. Additionally, it provides marketers with a chance to create lasting client relationships.

One manifestation of brand loyalty is repeated sales. If a customer enjoys a certain brand of shampoo, for instance, they might buy it again when it's time to replace it—or another related item from the same company. A "replacement sale" or "repurchase" are other terms for repeat sales.

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One of the factors that are given in the options which might contribute to an increase in a worker's wages is  Increase in worker productivity.

There are several factors that could lead to an increase in the wages that a worker earns from work and one of them is the increase in a worker's productivity.

This leads to the worker making more money for the company and so the company might reward them to encourage them to keep up the good work. A company might also reward increased productivity to ensure that the worker does not get snapped up by another company.

Options for this question include:

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Answer:

Flowchart with hierarchical structure would be the most appropriate.

Explanation:

As a website that promotes sales, it needs to present several pages that open progressively according to the user's activity. It is important that Isabel presents a flowchart that represents this progression, the order and the command that promotes the opening of each page.

In this case, the flowchart must present a hierarchical structure of the pages, where it presents the main page at the top of the hierarchy and the pages following it and all the links between them.

Answer:

in other word i took the post test and it is indeed e

Explanation:

Answer:

will

ur

8. In the section that asks when you

are available to work, you will want to

a. be vague.

b. say "when ever."

c. make sure to clearly list the time

range and days.

d. It doesn't matter.

it

Environmental scanning refers to the process of gathering and analyzing information about the external factors that can impact an organization's business environment.

Technological factors include advancements in technology, such as the rise of e-commerce, mobile applications, or automation, which can create new marketing channels or change consumer behaviors.

Political factors encompass government policies, regulations, and political stability that can impact marketing strategies. For example, changes in trade policies or regulations related to data privacy can influence international marketing activities.

Economic factors include economic conditions, such as inflation rates, exchange rates, or consumer purchasing power, which can affect consumer behavior and demand for products or services.

Social factors refer to societal trends, cultural norms, and consumer preferences that can influence marketing strategies. For instance, shifts in consumer values towards sustainability or increased focus on health and wellness can shape product development and advertising campaigns.

Regulatory factors involve laws and regulations that organizations must comply with, such as consumer protection laws or industry-specific regulations. These can impact marketing activities, advertising content, or product labeling.

Managers play a crucial role in environmental scanning. They are responsible for monitoring and analyzing the external environment, identifying relevant trends and potential opportunities, and making informed decisions based on the insights gained.

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Answer:

Offer of share by a listed CPSE or the  government out of its shareholding or a  combination of both to the public for  subscription is done through

d. Strategic sale​

Explanation:

Strategic sale refers to the transfer of control of an entity from government to private owners.  This method is considered to be the best method for achieving improved efficiency in the rendering of governmental services.  Many government entities are being sold to private entities or the public because government has realized that it should not in business.  By selling shares of such entities government enables the entities to be run with efficiency and effectiveness.

The functions of government are crucial for the proper functioning and development of a country. These functions can vary depending on the type of government system in place, but there are several key functions that are commonly considered necessary for a country's stability and progress.

1. Legislation and Governance: One of the primary functions of government is to create and enforce laws that maintain order, protect individual rights, and promote the welfare of the citizens. Governments establish institutions and frameworks for governance, ensuring the rule of law and providing a system of justice.

2. Defense and Security: Governments are responsible for safeguarding the country and its citizens from external threats. This involves maintaining armed forces, intelligence agencies, and diplomatic relations to protect national security interests.

3. Economic Management: Governments play a crucial role in managing and regulating the economy. They establish fiscal and monetary policies, oversee financial institutions, promote trade, and create an environment that supports economic growth and stability. Government intervention is often necessary to address market failures, promote fair competition, and protect consumers.

4. Social Welfare: Governments have a responsibility to ensure the well-being and social welfare of their citizens. This includes providing basic services such as healthcare, education, social security, and infrastructure development. Governments also implement social policies to address poverty, inequality, and promote equal opportunities.

5. Public Services: Governments are responsible for delivering essential public services, such as transportation, utilities, public safety, and environmental protection. These services are necessary for the functioning of society and improving the quality of life for citizens.

6. Diplomacy and International Relations: Governments engage in diplomatic activities and maintain relationships with other nations. They negotiate treaties, participate in international organizations, and represent the country's interests abroad. Governments also address global challenges, such as climate change and human rights, through international cooperation.

7. Public Communication and Information: Governments have a role in providing transparent and accurate information to the public. They engage in public communication, disseminate information, and promote citizen engagement and participation in the decision-making process.

These functions of government are essential for maintaining social order, promoting economic growth, protecting citizens' rights, and ensuring the overall well-being of a country. Effective governance requires a balance between these functions, adaptability to changing circumstances, and responsiveness to the needs and aspirations of the citizens.

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Steve Jobs, Steve Wozniak, and Ronald Wayne established Apple Inc. in Cupertino, California on April 1, 1976. The corporation initially concentrated on producing personal computers, such as the Apple II and the Macintosh.

Examples of low entry barriers include the necessity to have customers convert to a new brand without a lot of work or pain. Another example is the need to build a brand in a small market with little competition.

High exit barriers make markets unstable and incapable of self-regulation, which causes significant long-term fluctuations in profit margins. Because these markets are self-regulatory and stable, profit margins do not change much over time.

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Answer:

Explanation:

Insurance protects yourself, your assets, or even your family against financial loss. Oftentimes, events, such as cancer or a car accident, are random and have the potential to financially run people. Insurance is a way to reduce the financial impacts of these risks.

LIFO (last-in, first-out) is a cost flow assumption used by firms to value their inventory, in which the last goods placed in inventory are the first items sold. As a result, the oldest acquired or generated inventory remains at the conclusion of the term.

The final expenses available at the moment of sale are the first to be withdrawn from the Inventory account and charged to the Cost of Goods Sold account under everlasting LIFO. We cannot wait till the end of the year to estimate the final cost because this is a perpetual system. (as is done with periodic LIFO).

Based on the given information, the schedule of cost of goods sold under LIFO method can be prepared as follows:

Date Quantity Unit Cost Total Cost Cost of Goods Sold Inventory Balance

Jan. 1 4,000 $40   $160,000 -                     $160,000

Apr. 19 2,500 $44   $110,000 $100,000                  $70,000

June 30 2,500 $44  $110,000 -                              $180,000

Sept. 2 4,500 $46  $207,000 $187,500        $92,500

Nov. 15 2,000 $46  $92,000 $92,000                            $500

To calculate the cost of goods sold and inventory balance, we use the LIFO method, which assumes that the last units purchased are the first to be sold.

On Jan. 1, the company had 4,000 units in inventory at a cost of $40 each, which gives a total inventory value of $160,000.

On Apr. 19, 2,500 units were sold. The most recent purchase was on June 30, when 4,500 units were purchased at a cost of $44 each. Since the most recent purchase was used up first, we assume that the cost of goods sold is based on these units, resulting in a cost of goods sold of 2,500 units x $44 = $110,000. The inventory balance is now 4,000 units (Jan. 1 inventory) - 2,500 units (sold) + 4,500 units (purchased) = 6,000 units at a total cost of $270,000. We assume that the units from the Jan. 1 inventory and the June 30 purchase are still in inventory at this point, but the units from the April 19 sale have been sold.

On June 30, 2,500 units were sold. The most recent purchase was on Nov. 15, when 2,000 units were purchased at a cost of $46 each. Since the most recent purchase was used up first, we assume that the cost of goods sold is based on these units, resulting in a cost of goods sold of 2,500 units x $46 = $115,000. The inventory balance is now 4,000 units (Jan. 1 inventory) + 4,500 units (June 30 purchase) - 2,500 units (sold) - 2,000 units (sold) = 4,000 units at a total cost of $184,000. We assume that the units from the Jan. 1 inventory and the June 30 and Nov. 15 purchases are still in inventory at this point, but the units from the April 19 and Sept. 2 sales have been sold.

On Sept. 2, 5,000 units were sold. The most recent purchase was on Nov. 15, when 2,000 units were purchased at a cost of $46 each. Since the most recent purchase was used up first, we assume that the cost of goods sold is based on these units, resulting in a cost of goods sold of 2,000 units x $46 = $92,000. The remaining 3,000 units sold are assumed to come

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Wexpro, Inc. gains $19000 (67,800−48,800) by processing further X15. It is a financial advantage to compete with a more complex product. X15 should be processed further.

Wexpro, Inc., produces several products from processing 1 ton of clypton, a rare mineral.

Material and processing costs total $76,000 per ton, one-fourth of which is allocated to product X15.

$76000*0.25 = $19000

Six thousand Two Hundred units of product X15 are produced from each ton of clypton. The units can be sold at the split-off point for $14 each.

• Sales before split-off point:

Sales 6200u*$14 = $86800

Material and processing cost= $19000

Total = $67800

The units can be processed further at a total cost of $6,600 and then sold for $20 each.

• Sales after split-off point:

Sales = 6200*12 = $74400

Split-off cost= $6600

Material and processing cost= $19000

Tota l= $48800

Wexpro, Inc. gains $19000 (67,800−48,800) by processing further X15. It is a financial advantage to compete with a more complex product. X15 should be processed further.

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The attitude of people aged 25-35 towards staycation should be relaxed not really excited, because they  are familiar with the environment, also they will engage other home activities ,for example swimming, social gatherings, hiking etc. This would create room for them to be able rest due to the fact that aren't actively involved in much long distance travels.

What  is staycation?  staycation is when one chooses to stay home during time off  or leave  instead of travelling

An example of a staycation is visiting a natural resort or local testing as if you were a tourist in your own town. A vacation in which one does not travel away from home.

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Option D. The database is the The electronic file which stores this information for the company Lux Ladies, Inc.

A database in computing is a structured collection of data that is electronically accessible and stored. Large databases are housed on computer clusters or cloud storage, whilst small databases can be stored on a file system.

A database is a collection of data that has been organized to make it simple to manage and update. Data records or files containing information, including as sales transactions, customer information, financial data, and product information, are often aggregated and stored in computer databases.

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The records show that debts incurred during American Revolutionary War is amounted to $75,463,476.52 by 1 st january 1791.

The process of calculation of life value in an insurance is that first of all determine the current income and than subtract the expense, premiums of insurance, and payment of income tax.

The third step is recall the number of years of earning which are remaining before the age of retirement and than find the discounting factor rate including inflation.The life value is an economic value which is used to judge the benefit for the reason of avoiding the rate of fatality.

Therefore, The records show that debts incurred during American Revolutionary War is amounted to $75,463,476.52 by 1 st january 1791.

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An example of an economic activity included in GDP is all the new products manufactured in a country. An example of an economic activity not included in GDP is taxes or the sale of illegal goods.

A GDP is an acronym of Gross Domestic Product which helps to calculate the monetary values of goods and services available in the market. When these goods are purchased by the customers within a fixed period of time.

Examples include the provision of food, clothing, and medical care in any nation because they are simple to measure. Unpaid labor and illegal activities are excluded since it is challenging to measure and appropriately value them.

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SaksFirst builds loyalty for SaksFifth Avenue because there was a provision that All Saks cardholders will earn points toward a SaksFirst Gift Card  when make first purchase.

Loyalty can be described as the act of allegiance which is the process of been faithful to the brand or to the customer and this do help the relationship that can be set up between the customers of the firm and the firm.

It should be noted that the case above was able to build their loyalty by been able to give points to at first purchase that is been made.

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A. Operating characteristics:

Lq ≈ 0.5017, L ≈ 0.9377, Wq ≈ 0.1730 hours, W ≈ 0.5063 hours, Pw ≈ 0.4833

B. Service goal: Not met. Action recommended.

C. Mean service rate: 7.5 customers/hour.

If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes).

A. To compute the operating characteristics of the customer waiting line:

Arrival rate (λ) = 2.9 customers/hour

Service rate (μ) = 60 minutes / 10 minutes per customer = 6 customers/hour

Average number of customers in the queue (Lq):

Lq = (λ^2) / (μ * (μ - λ)) ≈ 0.5017

Average number of customers in the system (L):

L = λ / (μ - λ) ≈ 0.9377

Average waiting time in the queue (Wq):

Wq = Lq / λ ≈ 0.1730 hours (approximately 10.38 minutes)

Average waiting time in the system (W):

W = Wq + (1 / μ) ≈ 0.5063 hours (approximately 30.38 minutes)

Probability of a customer waiting in the queue (Pw):

Pw = λ / μ ≈ 0.4833

B. The service goal is that an arriving customer should not wait for service more than an average of 6 minutes. However, the average waiting time in the system (W) is approximately 30.38 minutes, exceeding the goal. Therefore, the service goal is not being met.

Action recommendation: To meet the service goal, I would recommend taking the following actions:

Increase staffing: Hire additional design consultants to handle customer questions and product recommendations.

Improve efficiency: Streamline processes and provide training to the consultant to reduce the time spent with each customer.

Appointment scheduling: Implement a system for customers to schedule appointments, ensuring dedicated time slots for each customer and minimizing waiting times.

Self-service options: Provide self-service resources or online tools where customers can access basic information and make preliminary decisions, reducing the need for extensive consultations.

C. If the consultant can reduce the average time spent per customer to 8 minutes, the mean service rate can be calculated as follows:

Mean service rate (μ) = 60 minutes / 8 minutes per customer ≈ 7.5 customers/hour

Will the service goal be met? Yes

If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes). This is less than the service goal of 6 minutes, so the goal will be met.

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Answer: B

Explanation: a p e x

The result would be most likely if the exchange rate suddenly became $1 in country A's money for $75 in country B's money, are Country B would receive more value for its exported materials. Thus, the option (b) is correct.

What is trade?

Trade is a term used to describe economic activities. Trade is the term used to describe the purchasing and selling of goods and services. Trade can take many various forms, including both domestic and international trade. Trading in financial terms refers to the buying and selling of securities or other assets.

Comparing the economies of the two nations, Country A has a stronger economy than Country B. Natural resources form the basis of both countries' trade systems. The countries' respective exchange rates are $1 in country A's currency and $75 in country B's currency. The material exported to country B would be more well received.

Therefore, option (b) is correct.

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Answer:

Journal entries are given below

Explanation:

We should always record the assets and expenses on the debit side of the account and liabilities and capital on the credit side of the account.

a. Raw materials purchased

Account                             DEBIT         CREDIT

Raw material                     210,000

Payables                                                    210,000

b. Raw materials used in production

Account                                   DEBIT         CREDIT

Work in process inventory     152,800

Manufacturing Overhead       38,200

Raw material                                                  191,000

c. Accrued direct labor cost

Account                                     DEBIT         CREDIT

Work in process                       49,000

Manufacturing Overhead         21,000

Wages payable                                              70,000

d. Depreciation recorded on factory equipment

Account                                      DEBIT         CREDIT

Depreciation                             104,000

Accumulated depreciation                            104,000

e. Other manufacturing overhead

Account                                    DEBIT         CREDIT

Manufacturing Overhead      129,000

Account payable                                            129,000

f. The company applies manufacturing overhead cost to production

Account                                     DEBIT         CREDIT

Work in process inventory     532,700

(76,100 x $7)

Manufacturing Overhead                             532.700

g. Job cost sheets were completed

Account                                       DEBIT         CREDIT

Finished goods inventory        513,000

Work in process inventory                              513,00

h. Job cost sheets were shipped to customers

Account                                      DEBIT          CREDIT

Cost of goods sold                    450,000

Finished goods inventory                              450,000

Several states are attempting to speed up and lower the cost of the settlement of auto accident lawsuits. Using the no-fault system is one option.

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Answer:

Fiscal investors.

Explanation:

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Basically, trade can be categorized into two (2) main groups and these are;

I. Import: this involves bringing in goods from a foreign country to sell in a different (domestic) country.

II. Export: it involves the sales of goods produced in a domestic country to a foreign country.

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

Under globalization, a fiscal investor refers to an independent business that facilitates or enhances foreign exchange trades between two or more countries.

This ultimately implies that, fiscal investors are institutions or business firms that make it possible for foreign exchange to take place with respect to the buying and selling of goods and services between countries.