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3 McKnight Exercise Equipment, Inc., reported the following financial statements for 2018: Income Statement $714,000 Sales Cost of Goods sold Depreciation Other expenses Total Expenses

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3 McKnight Exercise Equipment, Inc., reported the following financial statements for 2018: Income Statement $714,000 Sales Cost of Goods sold Depreciation Other expenses Total Expenses Net Income $ 347,000 $52,000 $205,000 5604,000 $110,000 Comparative Balance Sheet 2018 2017 2018 2017 Assets Current Assets: Cash A/C Receivables Inventory Long term investment Plant assets(net) 19000 54000 81000 95000 221,000 18000 49000 89000 77000 183,000 Liabilities Current Liabilities: A/C Payable Salary payable Long term bonds Equity: Shares Retained Earnings 73000 2000 59000 72000 5000 66000 47000 289000 470,000 34000 239000 416,000 470,000 416,000 From the information above make a statement of cash flows for McKnight using the indirect method. The distinguishing feature of international business is that international firms operate in environments that are highly uncertain and where the rules of the game are often ambiguous, contradictory, and subject to rapid change, as compared to the domestic environment. It is crucial for businesses to understand these differences and find ways to hurdle the barriers these differences present in a socially responsible manner. TASK: Select any organization of your choice. Carry out a research on the following aspects and present it in the form of a Report in Word. A. For any one country in which it operates, assess the impact of economic, political and cultural forces on the management styles and business outcomes of the organization. B. Examine how the ethical and socially responsible behavior is built in the management practices and business operations

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