Consider Figure 4.2. Of the $100 tariff, ____ is passed on to the U.S. consumer via a higher price, while ____ is borne by the foreign exporter.

a. $25, $75
b. $25, $75
c. $75, $25
d. $75, $25


c. $75, $25

Business

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Use the equation presented below to answer the question that follows: Cash = CL + LTL + CS + RE – NCCA – LTA where: CL = Current liabilities LTL = Long-term liabilities CS = Common stock RE = Retained earnings NCCA = Noncash current assets LTA = Long-term assets Which of the following activities results in a cash inflow?

a. Increases in noncash current assets (NCCA) b. Decreases in current liabilities (CL) c. Increases in common stock (CS) d. Decreases in retained earnings (RE)

Business

In profitability analysis, absolute numbers are more meaningful than relative numbers because the analyst needs to know if one firm earned more dollars than the other

Indicate whether the statement is true or false

Business

A franchisor and franchisee relationship is governed by the

A. United Franchise Offering Clauses. B. United Franchise Optimum Contract. C. United Franchise Offering Contract. D. United Franchise Offering Circular.

Business

Which of the following is the date that management commits itself to a formal plan to dispose of a business segment?

a. The measurement date b. The disposal date c. The assessment date d. The transfer date

Business