Which of the following is most characteristic of a developing country?
A) The country is moving away from an economy based on industry.
B) The market for consumer goods presents little growth potential.
C) The nation has an economy based on agriculture.
D) The country has a significant middle class.
E) The country has an economy based on exporting services.
D
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Define the following dividend dates for a cash dividend. For each date, state whether a journal entry should be recorded. In addition, if a journal entry should be record, state the effect on assets, liabilities or equity.
If the output rate for a given level of capacity is less than the optimum level, then ______.
A. increasing the output level reduces economies of scale B. increasing the output level increases economies of scale C. decreasing the output level increases economies of scale D. decreasing the output level maintains economies of scale
Managerial accounting is highly regulated by rules and regulations
Indicate whether the statement is true or false
Each of the following requirements is independent of the others.a) Valdez Corporation has liabilities of $95,000 and equity of $115,000. What is the amount of Valdez's assets?b) Global Company has assets of $320,000 and liabilities of $95,000. What is the amount of Global's equity?c) Brown Company has assets of $90,000 and liabilities of $25,000. What is the amount of Brown's claims?
What will be an ideal response?