The Court of First Instance is the equivalent to the U.S. International Trade Court and has original jurisdiction over trade disputes between EU members and non-members
Indicate whether the statement is true or false
False
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1. How is return on equity computed? 2. If a company sells more shares of its stock, what is the impact on the return on equity? 3. Which ratio is considered a measure of investors' confidence in a company's future? Why?
ExxonMobil enters into a pact with Gazprom, the world's largest natural gas extractor, to set up a processing unit in Baku, Azerbaijan. Which of the following is most likely the reason for ExxonMobil to opt for this strategic alliance?
A. to gain access to low-cost inputs of production B. to better compete with Gazprom C. to gain access to new customers D. to restrict its factors of production E. to scale back its core competencies
What factors should you consider when writing the body of a cover letter?
Mae Refiners, Inc., processes sugar cane that it purchases from farmers. Sugar cane is processed in batches. A batch of sugar cane costs $60 to buy from farmers and $13 to crush in the company's plant. Two intermediate products, cane fiber and cane juice, emerge from the crushing process. The cane fiber can be sold as is for $29 or processed further for $13 to make the end product industrial fiber that is sold for $61. The cane juice can be sold as is for $40 or processed further for $28 to make the end product molasses that is sold for $67.What is the financial advantage (disadvantage) for the company from processing the intermediate product cane juice into molasses rather than selling it as is?
A. ($1) per batch B. ($14) per batch C. ($38) per batch D. ($74) per batch