Which of the following factors led up to the Greece debt crisis in 2009-2010?
A) Speculative attacks on the euro and a rise in actual and expected inflation
B) A decline in tax revenues resulting from a contraction in economic activity
C) A double-digit budget deficit
D) All of the above
E) only B and C of the above
E
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Why would technical analysis not be useful if the international parity conditions held?
What will be an ideal response?
On December 15 of the current year, Conrad Accounting Services signed a $40,000 contract with a client to provide bookkeeping services to the client in the following year. Which accounting principle would require Conrad Accounting Services to record the bookkeeping revenue in the following year and not the year the cash was received?
A) Monetary unit assumption. B) Going-concern assumption. C) Measurement (Cost) principle. D) Business entity assumption. E) Revenue recognition principle.
Next year's earnings are estimated to be $6. The company plans to reinvest 33% of its earnings at 12%. If the cost of equity is 8%, what is the present value of growth opportunities?
A. $6 B. $24.50 C. $44.44 D. $75
One of the challenges for international IS project management is that the development rates vary among cultures and countries, because ________.
A) some cultures have a 35-hour workweek, and some have a 60-hour workweek B) worker expectations vary among cultures and nations C) many developed countries have been less willing to invest in quality D) effective communication is more expensive today