Bemish Corp. decides to diversify its portfolio by buying stocks of Indian and Chinese companies. This is an example of:
A. Direct foreign investment.
B. International trade agreements.
C. International investment portfolio.
D. Defensive portfolio investment.
C. International investment portfolio.
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In its first year of business, Lakota, Inc. produced 600 units and sold 400 units. If Lakota uses variable costing, ________.
A) its operating income for the period will be higher than under absorption costing B) its operating income for the period will be lower than under absorption costing C) its value of ending Finished Goods Inventory reported in the balance sheet will be higher than under absorption costing D) its operating income will be the same as under absorption costing
The premium approach involves giving the customer a free sample or an inexpensive gift
Indicate whether the statement is true or false
Neptune Accounting Services expects its accountants to work for 24,000 direct labor hours per year
The company's estimated total indirect costs are $225,000. The direct labor rate is $70 per hour. The company uses direct labor hours as the allocation base for indirect costs. If Neptune performs a job requiring 30 hours of direct labor, what is the total job cost? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) A) $225,000 B) $281 C) $2,381 D) $2,100
In the context of measurement of learning effectiveness, which of the following is defined as a measurable improvement in knowledge, skills, and attitudes?
A. Satisfaction B. Application C. Learning D. Impact