The idea that under the skin, all human beings are alike, brothers and sisters in the common family of man is known as the ______.
A. universality myth
B. global village concept
C. commonality village
D. objectivity myth
A. universality myth
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If a taxpayer does not own a home but rents an apartment, the office in the home deduction is not available.
Answer the following statement true (T) or false (F)
Marketers often segment international markets according to the type and stability of government. In such instances, they segment markets based on ________
A) geographic location B) economic factors C) cultural factors D) political factors E) socio-cultural factors
One of the methods of doing a managerial personal analysis that is becoming popular is the 360-degree feedback
Indicate whether the statement is true or false.
On January 1, Year 1, the organizers of Fredonia Corporation obtained their charter authorizing 400,000 shares of $2 par common stock. Fredonia issued 30,000 shares of $2 par common stock for $8 per share. During Year 1, the corporation earned $820,000 in cash revenue and paid $700,000 in cash expenses, not including income tax. The company declared and paid cash dividends totaling $28,000. Fredonia Corporation is in the 30% tax bracket. Required:Using the above information, prepare an income statement and a balance sheet for the Fredonia Corporation.
What will be an ideal response?