Answer the following statement(s) true (T) or false (F)
Characteristics of entrepreneurs can neither be taught nor learned.
ANSWER: False
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The _________-or the value of the total outstanding stock-of all foreign direct investment (FDI) worldwide was $26.3 trillion at the beginning of 2014.
Fill in the blank(s) with the appropriate word(s).
Applied Foods Corp. had cash sales of $598,000 during the month of August. Sales taxes of 6.5% were collected on the sales. Prepare the journal entry to record the sales revenue and sales tax for the month
What will be an ideal response
Which of the following statements about subpart F income is false?
A. Subpart F income is constructively repatriated to U.S. shareholders of a controlled foreign corporation (CFC) when earned. B. Subpart F income includes income from the manufacture of goods in the CFC's home country. C. Subpart F income includes income from the purchase of goods from a related party that are subsequently sold to another related party for use outside the CFC's home country. D. Subpart F income has no commercial or economic connection to the CFC's home country.
Which of the following factors enable a public corporation to grow to a greater extent, and perhaps at a faster rate, than a partnership or proprietorship?
A) Access to the capital markets B) Unlimited liability of the shareholders C) Limited life D) Elimination of double taxation corporate income