U.S. GAAP and IFRS provide guidance for deciding whether a given financing arrangement appears as a liability on the balance sheet or is disclosed in the notes
Indicate whether the statement is true or false
T
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Marcos Inc had net income for 2014 of $40,000 . It declared and paid a $3,500 cash dividend in 2014 . If the company's retained earnings for the end of the year was $38,200, what was the company's retained earnings balance at the beginning of 2014?
a. $81,700 b. $74,700 c. $5,300 d. $1,700
The level of uncertainty in the task increases the importance of ________ in the communication method.
a. speed b. reach c. richness d. ability to document messages
Marco wants to buy a new car that is of good quality and available at an affordable price. After exploring the available options, Marco decides to purchase a car made by a popular car manufacturer, which has a high retail price but offers very low operating and maintenance costs. In this scenario, the pricing strategy employed by the car manufacturer is ________.
A. target ROI B. value pricing C. price skimming D. competitor-based pricing E. penetration pricing
When marketers for Walt Disney World in Florida attract French and British families by advertising the resort's new affordability for Europeans, what global marketing environment factor are they employing?
A. international economic cooperation B. lowered trade barriers C. cultural fit D. currency fluctuation E. income distribution levels