The U.S. "trade-remedy laws" could establish all of the following EXCEPT
a. import tariffs to protect U.S. firms seriously injured by foreign competition.
b. countervailing duties that neutralize foreign export subsidies.
c. antidumping duties that protect U.S. firms from imports sold at less-than-fair-value.
d. economic sanctions levied against hostile nations.
d. economic sanctions levied against hostile nations.
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A firm sold an investment in securities available for sale originally costing $30,000, for $28,000 . At the beginning of the year, the investment had a valuation allowance of $3,000, debit. What is the correct disclosure for these events in the statement of cash flows prepared under the direct method, assuming this is the only investment in securities available for sale?
a. $28,000 investing cash inflow; add $33,000 in the reconciliation of earnings and net operating cash flow b. $28,000 investing cash inflow; add $2,000 in the reconciliation of earnings and net operating cash inflow c. $28,000 investing cash inflow; add $5,000 in the reconciliation of earnings and net operating cash inflow d. Add $5,000 in the reconciliation of earnings and net operating cash flow.
___________ can be defined as the values that an individual uses to interpret whether any particular action or behavior is considered acceptable and appropriate.
a. Ethics b. Validity c. Reliability d. Commitment
The decision whether to use the direct or indirect method on the statement of cash flows is relevant with respect to:
A) operating activities only. B) investing activities only. C) financial activities only. D) all activities.
Franchisors are not permitted to disclose trade secrets and product formulas to franchisees
Indicate whether the statement is true or false