The ________ doctrine states that the act of a government within the boundaries of its own territory is not subject to judicial scrutiny in a foreign municipal court
A. vested rights
B. most significant relationship
C. act of state
D. governmental interest
C
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Twin Cities Corp had sales during the year of $15,000,000 and an average accounts receivable of $5,000,000 . Its accounts receivable turnover ratio is 0.33 times
a. True b. False Indicate whether the statement is true or false
Only sales to outsiders and purchases from outsiders are reflected in a consolidated income statement because all intercompany transactions are eliminated in preparing the consolidated statement
Indicate whether the statement is true or false
Assume revenues are received in cash and expenses, except for depreciation, are paid in cash. Based on this assumption, which of the following statements is true?
A) Net cash flows for a period are equal to net income minus depreciation expense. B) Net cash flows for a period are equal to net income. C) Net cash flows for a period are equal to net income plus depreciation expense. D) Net cash flows for a period are equal to net income plus income tax expense.
In the EOQ model, the number of days between orders is given by?
a. Q/d b. d/Q c. D/Q d. Q/D