Ans: D. The assets decrease and equity decreases
Adventures Unlimited Company distributes cash dividends. How does this transaction affect the accounting equation?
A. The assets decrease and equity increases
B. The assets, liabilities, and equity remain the same
C. The assets increase and liabilities decrease
D. The assets decrease and equity decreases
Business
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Firms use acquisition cost valuations and adjusted acquisition cost valuations for which of the following types of assets?
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Business
In evaluating different market segments, a firm should look at three factors: segment size and growth, segment structural attractiveness, and company objectives and resources
Indicate whether the statement is true or false
Business
Robusto Coffee Traders Inc sells prepackaged coffees to a variety of businesses throughout the East Coast. Robusto purchases the coffee in bulk from a wholesale distributor and packages the coffee themselves to sell to customers. The company expects to sell 120,000 and 135,000 one-pound packages of coffee during 2012 and 2013, respectively. The company had 6,000 one-pound packages on hand at the
beginning of 2012, and the company has a policy of maintaining an ending inventory equal to 5 percent of the packages needed for next year's expected sales. How many packages of coffee should the company plan to purchase in 2012? A) 126,750 B) 120,750 C) 119,250 D) 255,000
Business
A global strategy is one in which a company performs all of the following tasks, except it
A. coordinates its actions worldwide with strong headquarters control that represents a think-global, act-global approach. B. sells much of the same products everywhere. C. strives to build global brands. D. employs the same basic competitive approach in all countries where it operates. E. uses local brand names to cater to a country's specific needs.
Business