Many US firms prefer to sell in Canada, England, and Australia — rather than in larger markets such as Germany and France — because they feel more comfortable with the languages, laws, and culture, which reflect the ________ between these
countries and the United States.
A) self-serving bias
B) coincident development
C) psychic proximity
D) cognitive dissonance
E) backward invention
C
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The process that brings businesses into greater contact with the rest of the world and gives our daily lives an increasingly international orientation is known as
a. globalization. b. convergence. c. global unity. d. economic unification.
Location-independent sharing of data centers hosting IT servers over the internet is called ______________________________
Fill in the blank(s) with correct word
Hometown Grocery, Inc. has 41,000 shares of common stock outstanding and 5000 shares of preferred stock outstanding. The common stock is $6.00 par value; the preferred stock is 4% noncumulative with a $100.00 par value. On October 15, 2018, the company declares a total dividend payment of $55,000. What is the amount of dividend that will be paid for each share of common stock? (Round your answer to the nearest cent.)
A) $0.85 B) $24.60 C) $2460.00 D) $0.75
The actual manufacturing overhead incurred at Gutekunst Corporation during March was $53,000, while the manufacturing overhead applied to Work in Process was $73,000. The Corporation's Cost of Goods Sold was $451,000 prior to closing out its Manufacturing Overhead account. The Corporation closes out its Manufacturing Overhead account to Cost of Goods Sold. Which of the following statements is true?
A. Manufacturing overhead was underapplied by $20,000; Cost of Goods Sold after closing out the Manufacturing Overhead account is $431,000 B. Manufacturing overhead was overapplied by $20,000; Cost of Goods Sold after closing out the Manufacturing Overhead account is $431,000 C. Manufacturing overhead was underapplied by $20,000; Cost of Goods Sold after closing out the Manufacturing Overhead account is $471,000 D. Manufacturing overhead was overapplied by $20,000; Cost of Goods Sold after closing out the Manufacturing Overhead account is $471,000