In the late 1970s, LarceCo, a tea manufacturing company, entered the market of a developing country called Fantesnia. As there was a lack of hard currency in Fantesnia, LarceCo was involved in a barter system. It exchanged its tea-based products for the local vodka of Fantesnia. This scenario illustrates that LarceCo had engaged in _____.
A. countertrade
B. foreign outsourcing
C. franchising
D. direct investment
Answer: A
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Stevie recently received 1,000 shares of restricted stock from her employer, Nicks Corporation, when the share price was $8 per share. Stevie's restricted shares vested three years later when the market price was $11. Stevie held the shares for a little more than a year and sold them when the market price was $16. Assuming Stevie made a section 83(b) election, what is the amount of Stevie's ordinary income with respect to the restricted stock?
A. $5,000. B. $8,000. C. $11,000. D. $0.
The right of a seller or lessor to refuse to send goods to a buyer or lessee upon breach of a sales or lease contract by the buyer or lessee or the insolvency of the buyer or lessee is known as the ________
A) right to recover purchase rent B) right to reclaim goods C) right to withhold delivery D) right to dispose of goods
Period costs are incurred by manufacturing finished goods.
Answer the following statement true (T) or false (F)
When crashing a project, how many critical paths will a project manager potentially have to manage?
a. 0 b. 1 c. More than 1 d. May be 1 or more than 1