Consider the following case: Saltwater Logistics Corp.'s domestic demand has matured and leveled off. Consequently, the firm is looking to expand its operations overseas because it believes that its growth apportunities are more promising in foreign markets which of the following best describes the reason Saltwater Logistics Corp. has dedided to go global? O To seek production efficiency O To broaden its markets O To avoid political, trade, and regulatory hurdles Now consider the case of Purple Panda Industries, which has dedided to establish worldwide production fadlities and markets to cushion itself from adverse economic conditions in any particular country. Purple Panda Industries has decided to go global in order to Companies go global for various reasons. Although becoming a multinational corporation provides prospects for high retums and diversification, it makes financial management more complicated for financial executives and managers. Based on your understanding of the factors that complicate financial management in multinational firms, complete the following statement: to risks that arise from Compared to domestic corporations, multinational corporations have complex tax laws and multiple money markets. exposune Multinational versus domestic financial management According to the Bureau of Economic Analysis, the growth of capital expenses made by U.S. companies internationally was higher than the growth of investments made in domesticU.S. markets (Summary Estimates for Multinational Companies: Employment, Sales, and Capital Expenditures for 2010," http://www.bea.gov/ newsreleases/intemational/mnc/2012/mnc2010.htm). While these companies might follow similar processes and concepts, their financial management tactics distinguish firms that operate domestically only and firms that have international operations. Based on your understanding of the how these firms differ, identify which of the following are factors that affect multinational firms. Check all that apply Varied tax laws that lead to different tax ramifications Uniform global currency used in transactions Language differences that make communication challenging among employees and managers Different currency denominations and exchange rates that affect the value of transactions