The governmental action to dispossess a foreign company or investor is known as:
A) compensation.
B) confiscation.
C) expropriation.
D) internationalization.
E) nationalization.
C
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How would the carrying value of a bond payable be affected by amortization of each of the following? Discount Premium
a. No effect No effect b. Increase No effect c. Increase Decrease d. Decrease Increase
The number of days' sales uncollected:
A. Is calculated by multiplying accounts receivable by sales. B. Measures a company's ability to pay its bills on time. C. Measures a company's debt to income. D. Is used to evaluate the liquidity of receivables. E. Is calculated by dividing sales by accounts receivable.
The chief aim of the World Trade Organization is to minimize trade barriers among its members
Indicate whether the statement is true or false
Gamach Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $104.50 per unit. Sales volume (units) 5,000 6,000Cost of sales$295,000 $354,000Selling and administrative costs$186,000 $202,800The best estimate of the total monthly fixed cost is:
A. $102,000 B. $481,000 C. $556,800 D. $518,900