As we enter, and proceed through, the 21st century we know that global business will not only continue, but it will expand. What is global business? What is the easiest and least risky approach for entering international business? What is the most risky involvement in international business?
What will be an ideal response?
Global business is the performance of business activities across national boundaries. Exporting—the selling of domestic goods to a firm or government in a foreign country—is often the first step in doing international business, and is the least risky. The most risky approach to international business is becoming a multinational corporation, which conducts operations in foreign countries.
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Treasury stock is considered a reduction in stockholders' equity, not a purchase of assets
Indicate whether the statement is true or false
On January 1, ABC, Inc., issued $100,000 of 10%, 5-year bonds on January 1, 2018, for $92,280. Interest is due semiannually. When ABC records the first interest payment, which will be greater the debit to Interest Expense or the credit to Cash?
A. The debit to Interest Expense will be greater because the market rate is less than the stated interest rate. B. The debit to Interest Expense will be greater because the market rate is greater than the stated interest rate. C. The debit to Interest Expense will be less because the market rate is greater than the stated interest rate. D. The debit to Interest Expense will be lower because the market rate is less than the stated interest rate.
A trustee can void any transfer that meets all of the following requirements EXCEPT
a. if the transfer was to a creditor of the debtor. b. if the pre-petition payment made in the ordinary course. c. if the transfer was used to pay an existing debt. d. if the debtor's liabilities exceeded assets at the time of the transfer.
The solution process of ________ implies that we look at all possible solutions
Fill in the blanks with correct word