Once a company has decided to enter the global marketplace, it must select a means of market entry. Four general options exist: (1) exporting; (2) licensing; (3) ________; and (4) direct investment.
A. cooperative
B. joint venture
C. mutual investment
D. multiparty initiative
E. franchising
Answer: B
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Excerpts from Sydner Corporation's most recent balance sheet appear below: Year 2Year 1Current assets: Cash$140 $160 Accounts receivable, net 210 230 Inventory 240 200 Prepaid expenses 10 10 Total current assets$ 600 $ 600 Total current liabilities$ 360 $ 330 Sales on account in Year 2 amounted to $1,390 and the cost of goods sold was $900.The current ratio at the end of Year 2 is closest to:
A. 0.80 B. 1.67 C. 0.41 D. 0.32
On September 1, Peterson Maintenance Company contracted to provide monthly maintenance services for the next eight months at a rate of $2,600 per month. The client paid Peterson $20,800 on September 1
Assuming Peterson records deferred revenues using the alternative treatment, what would be the entry on September 1? A) Debit Cash and credit Unearned Revenue for $20,800 B) No entry is needed until the services are performed C) Debit Cash and credit Service Revenue for $20,800 D) Debit Prepaid Maintenance and credit Cash for $20,800
Which of the following is true of dividends?
A) Dividends are a distribution of cash, stock, or other property to stockholders. B) Dividends increase assets and decrease total stockholders' equity of a corporation. C) Dividend payments decrease paid-in capital. D) Dividend payments increase stockholders' equity.
Depreciation is considered a fixed cost
Indicate whether the statement is true or false