Companies assume that the lower the product-penetration percentage, the lower will be the market potential
Indicate whether the statement is true or false
FALSE
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Chile decided to become only an associate member of Mercosur and hence participates in the free trade area aspect of Mercosur as well as the customs union
Indicate whether the statement is true or false
In their book, Daniel Yergin and Joseph Stanislaw wrote "Governments are getting out of businesses by disposing of what amounts to trillions of dollars of assets. Everything is going–from steel plants and phone companies . .
to hotels, restaurants, and nightclubs." This is an indication of: A) the fact that governments can make more money by selling assets. B) privatization is becoming a driving force for global marketing. C) these businesses are considered as closed markets. D) foreign companies are competing with governments. E) there is less demand for these type of companies.
Tax professionals use the terms simple trust and complex trust when dealing with fiduciary arrangements. How does one know whether a trust is simple or complex? When is this determination made?
What will be an ideal response?
Which of the following statements is true?
A) The carrying amount of the bonds will increase each year if the bonds were issued at a discount. B) The carrying amount of the bonds will increase each year if the bonds were issued at a premium. C) Total interest expense will increase each year if the bonds are issued at a discount and the straight-line method of amortization is used. D) Total interest expense will increase each year if the bonds are issued at a premium and the effective interest method of amortization is used.