Contracts that cannot be performed by its own terms within ________ must be in writing
Fill in the blanks with correct word
one year
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Which of the following statements is true about expatriates?
A. Multinational corporations (MNCs) find it advantageous to use expatriates because their salary and benefit package is less than that of host-country nationals. B. They are individuals from a host country who are assigned to work in the home country. C. They are those who live and work outside their home country. D. Historically, multinational corporations (MNCs) have refrained from staffing key positions in their foreign affiliates with expatriates.
In a standard costing system, if the actual fixed manufacturing overhead cost exceeds the budgeted fixed manufacturing overhead cost for the period, then fixed manufacturing overhead cost would be underapplied for the period.
Answer the following statement true (T) or false (F)
Which of the following is a primary market transaction?
a. You invest $10,000 in a mutual fund, which then uses the money to buy $10,000 of Johnson & Johnson shares on the NYSE.
b. You buy 200 shares of Johnson & Johnson stock from your younger brother. You just give him cash and he gives you the stock ¾ the trade is not made through a broker.
c. One financial institution buys 200,000 shares of Johnson & Johnson stock from another institution. An investment banker arranges the transaction.
d. Johnson & Johnson issues 2,000,000 shares of new stock and sells them to the public through an investment banker.
e. You sell 200 shares of Johnson & Johnson stock on the NYSE through your broker.
Which of the following statements is the most common explanation as to why a company might have a negative amount of total stockholders' equity on its balance sheet?
A. Its cash is segregated in a separate bank account designated for emergency uses. B. Its total revenues are less than its total expenses in the current period. C. Its total assets exceed its total liabilities. D. It has a negative balance in its Retained Earnings account.