Transaction risks include:
a. payment, delivery and property risks.
b. currency and exchange rate risks.
c. risk of war and risk of government instability.
d. Both a and b
d
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Which of the following is/are correct?
a. Discontinued operations are shown as the last category after income from continuing operations. b. The discontinued operations section of the income statement consists only of the gain or loss on disposal of the discontinued component net of the tax effect. c. The discontinued operations section of the income statement consists only of the income or loss from operating the discontinued component net of the tax effect. d. The discontinued operations section of the income statement consists of the income or loss from operating the discontinued component net of the tax effect as well as the gain or loss on disposal of the discontinued component net of the tax effect. e. None of these answer choices is correct.
The large parts of a playground A-frame (from which to hang a swing or glider) consist of a ridge pole, four legs, and two side braces. Each pair of legs fastens to the ridge with one fastener set
Each side brace requires two fastener sets for attachment to the legs. Each fastener set includes one zinc-plated bolt, one lock-washer, and one nut. There is one order outstanding, to make 80 frame kits. There are 200 legs in inventory. There are no other large items in inventory, and no scheduled receipts. Fasteners are available from the small parts area. a. Draw the product structure tree b. Calculate the net requirements to fulfill the outstanding order.
In the set of all past due accounts, let the event A mean the account is between 31 and 60 days past due and the event B mean the account is that of a new customer. The union of A and B is
a. all new customers. b. all accounts fewer than 31 or more than 60 days past due. c. all accounts from new customers and all accounts that are from 31 to 60 days past due. d. all new customers whose accounts are between 31 and 60 days past due.
All of Sphere Corporation's single class of stock is owned by four unrelated individuals in the following manner: Zack 27%, Xu 24.33%, Yvonne 24.33%, and Win 24.33%. Some of Zack's stock holdings are redeemed by Sphere Corporation, resulting in Zack's interest being reduced to 22.27%. Xu, Yvonne, and Win owned equally the remaining 77.73% of the Sphere stock. How should the redemption of Zack's
stock be treated by Zack? A) dividend income B) sale transaction C) return of capital D) some other treatment