Stock that a corporation has sold but later bought back is known as treasury stock

Indicate whether the statement is true or false


true

Business

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Answer the following statements true (T) or false (F)

1. Culture refers to differences in people, such as race, age, social class, food preferences, and education level. 2. The United States is a low-context culture. 3. In collectivistic cultures, decisions are normally made by a single person with a high level of authority. 4. In collectivistic cultures, emphasis is placed on one person rather than groups, and decisions are made with the self and possibly the immediate family. 5. Power distance is the amount of perceived or felt equality or inequality between people in certain cultural or social contexts.

Business

Compute the June 20xx cost of capital (rounded to nearest percent) for an investment center with the following information: Pre-tax operating income for June 20xx $17,500,000 Assets at June 30, 20xx 6,200,000 Current liabilities at June 30, 20xx 4,000,000 Long-term liabilities at June 30, 20xx 1,500,000 Income tax expense for June 30, 20xx 5,000,000 EVA 11,940,000

a. 10 percent b. 25 percent c. 13 percent d. 17 percent

Business

The budgeted volume of production is normally computed as the sum of (1 ) the expected sales volume and (2 ) the desired ending inventory

Indicate whether the statement is true or false

Business

______ are basic truths or premises or generalized expectancies that relate to a wide range of social behaviors across different contexts.

A. Cognitive structures B. Social axioms C. Cultural dimensions D. Dynamic externality

Business