To what degree a country's legal system is based on the rule of law makes no difference to international business; it is personal relationships that matter in foreign environments.
Answer the following statement true (T) or false (F)
False
The rule of law encourages international business and foreign investors because relevant interests will be protected.
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In a new task purchase situation, the current supplier is in an advantageous position
Indicate whether the statement is true or false
Ryota Products has an industrial mower division that operates as a profit center. Below is a partially completed responsibility report for the first quarter.
Compute the percentage variance for the flexible budget variance for traceable fixed expenses. (Round your answer to two decimal places.)
A) 0.81% F
B) 0.81% U
C) 1.10% U
D) 1.10% F
Global Trading Company. converts its foreign subsidiary financial statements using the translation process. The company's Swiss subsidiary reported the following for 2014: revenues and expenses of 13,220,000 and 6,672,000 Swiss francs, respectively, earned or incurred evenly throughout the year, dividends of 2,000,000 Swiss francs were paid during the year. The following exchange rates are
available: On January 1 . 2014 .................................... $.175 On December 31 . 2014 .................................. .188 Average rate for 2014 ................................. .178 Rate when dividends were declared and paid ............ .196 Translated net income for 2014 is a. $891,408. b. $809,544. c. $1,283,408. d. $1,165,544.
Answer the following statements true (T) or false (F)
Currently, expense is recognized when an incentive stock option is granted.