Which of the following is not a source of political risk in many countries?

A. the presence of violent conflict
B. the presence of social unrest
C. the presence of the rule of law
D. the presence of military turmoil


Answer: C

Business

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Use the information in the adjusted trial balance presented below to calculate the current ratio for Wicked Wicker Company: Account TitleDr. Cr.Cash$80,000?    Accounts receivable 35,000?    Prepaid insurance 14,200?    Equipment 290,000?    Accumulated depreciation-Equipment   $145,000? Land 114,000?    Accounts payable    36,000? Interest payable    7150? Unearned revenue    10,700? Long-term notes payable    87,000? Retained earnings    247,350? Totals$533,200? $533,200? 

A. 2.30. B. 2.12. C. 0.42. D. 2.40. E. 2.14.

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A company purchased land with a building for a lump-sum cost of $2,570,000 ($500,000 paid in cash and the balance on a long-term note). It was estimated that the land and building had market values of $600,000 and $2,400,000, respectively. Determine the cost to be apportioned to the land and to the building and prepare the journal entry to record the acquisition.

What will be an ideal response?

Business

Which source of resistance to change arises when only a small number of departments apply the change rather than the whole organization?

a. Group inertia b. Threat to expertise c. Structural inertia d. Limited focus of change

Business

According to Reilly's law of retail gravitation, people in less-populated areas are less willing to drive a longer distance to do their shopping.

Answer the following statement true (T) or false (F)

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