Which of the following statements is true about the location of production units over the past few decades?

A) Shifting production activities to locations with lower wages leads to long-term sustainable competitive advantage.
B) Production units are being shifted from low to high-income countries.
C) The cost of production is low in emerging markets.
D) The location of production for mature products is restricted to high-wage countries.


C

Business

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Indicate whether the statement is true or false

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Packard Company engaged in the following transactions during Year 1, its first year of operations: (Assume all transactions are cash transactions.) 1) Acquired $1200 cash from the issue of common stock.  2) Borrowed $670 from a bank.  3) Earned $850 of revenues.  4) Paid expenses of $300.  5) Paid a $100 dividend.  During Year 2, Packard engaged in the following transactions: (Assume all transactions are cash transactions.) 1) Issued an additional $575 of common stock.  2) Repaid $395 of its debt to the bank.  3) Earned revenues of $1000.  4) Incurred expenses of $460.  5) Paid dividends of $150. What is the after-closing amount of retained earnings that will be reported on Packard's balance sheet at the end of Year 2? (Assume that closing entries have been)

A. $1315. B. $840. C. $990. D. $1240.

Business

The Fourth Amendment: A) is the privacy protection amendment

B) provides the right for a jury trial. C) provides the protection against self-incrimination. D) None of the above

Business