Suppose the parent MNC had a choice of licensing, royalties and overhead allocations to repatriate funds from its subsidiaries, which ones represent pure profit to the parent?
A) licensing and overhead allocations
B) licensing and royalties
C) royalties and overhead allocations
D) a combination of all three
Answer: B
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According to Festinger, which of the following factors is most relevant as people deal with the discomfort of cognitive dissonance?
A. Personal ethics B. Judgment of others C. Personality differences D. Control over the situation E. Experience with decision-making
On January 1, 2016, the Accounts Receivable and the Allowance for Uncollectible Accounts for Darius Company carried balances of $20,000 and $550 respectively. During the year, the company reported $70,000 of credit sales. There were $400 of receivables written off as uncollectible in 2016 . Cash collections of receivables amounted to $74,700 . The company estimates that it will be unable to
collect 5% of the year-end accounts receivable balance. The amount of bad debts expense recognized in the 2016 income statement will be: a. $545 b. $595 c. $745 d. $795
An important cash inflow in the analysis of initial cash flows for a replacement project is ________
A) taxes B) the cost of the new asset C) installation cost D) the sale value of the old asset
Robert, the CEO of a software company in Houston, has fulfilled his career goals. Therefore, he decides to retire and help eliminate societal problems. In order to achieve this, he starts a charitable organization that helps in educating underprivileged children. With respect to Maslow's hierarchy of needs theory, Robert is looking to fulfill his ________ need.
A. self-actualization B. social C. physiological D. safety E. esteem