International financial management
Explain the importance in studying the international financial management?
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We are living in the world where all the important economic functions, i.e., production, consumption, and investment, are extremely globalized. Therefore, it is necessary for the financial managers to completely understand the essential international proportions of the financial management. This wide shift is in contrast to the condition which existed when authors of this book were studying the finance around twenty years ago. During that time, professors had usually ignored the international aspects of the finance. This operation mode has become untenable since then.
The following information is taken from the financial statements of an entity: 20x4 20x3 Property, plant and equipment $4,600,000 $4,200,000 Accumulated depreciation (1,800,000) (1,350,000) Depreciation expense 560,000 Gain on disposal of PPE 65,000 The asset disposed of had a cost
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Question 3 The following information is taken from the financi al statements of an entity: 20x6 20x5 Property, plant and equipment $4,100,000 $3,600,000 Accumulated depreciation (1,400,000) (1,050,000) Depreciation expense 650,000 Gain on disposal of PPE 35,000 The asset disposed of had
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