Many international firms are increasing their efforts to market their products and services to countries such as India and China as the ranks of their middle class continue to increase.
Answer the following statement true (T) or false (F)
True
Many multinational firms are intensifying their efforts to market their products and services to countries such as India and China as the ranks of their middle class have increased over the past decade. An OECD study predicts that consumption by middle-class consumers in Asian markets will grow from 4.9 trillion USD in 2009 to over 30 trillion USD by 2020. At that point, Asia will make up 60 percent of global middle-class consumption, up from 20 percent in 2009.
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XBRL Instance Documents define and describe each key data element (e.g., total assets, accounts, payable, net income, etc.).
Answer the following statement true (T) or false (F)
MAPD measures ________
Fill in the blank with correct word.
Parochialism is a tendency to ________.
A. think highly of the foreign country in which the organization is doing business B. focus on best approaches and people from around the globe C. view the world solely through one's own eyes and perspectives D. let employees in the host country figure out how best to do things
The adjusted trial balance of the Waterstone Company follows: Waterstone CompanyAdjusted Trial BalanceDecember 31?DebitCreditCash8,000?Prepaid insurance2,400?Equipment18,000?Accumulated depreciation-Equipment?3,600Salaries payable?2,000Unearned repair fees?1,200T. Waterstone, Capital?11,400T. Waterstone, Withdrawals4,000?Repair fees earned?27,500Salaries expense10,000?Depreciation expense 1,800?Insurance expense1,500?Totals45,70045,700Prepare the closing entries for Waterstone Company.
What will be an ideal response?