To calculate the cost when the selling price and percent markup based on the selling price are known, use the formula: ? Cost = Percent Markup on Selling Price(100% - Selling Price)?
Indicate whether the statement is true or false
False
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Which employee is likely to be the most motivated to take on an overseas assignment?
A. Kelly, who is ethnocentric and has stereotypical views about other cultures. B. Pamela, whose spouse doesn't want to shift to a new culture and learn a new language. C. Rachel, who has a very realistic understanding of what working and living abroad requires. D. Greg, who requires extensive training to acquire the basic skills required for the assignment. E. Sean, who may have medical conditions to deal with if he travels overseas.
________ indicate a company's ability to pay short-term debts.
A. Audits B. Assets C. Liabilities D. Stockholders' equities E. Liquidity ratios
The separate corporation created abroad and controlled by a company is:
a. a branch. b. a joint venture. c. a division. d. a subsidiary.
By 2017, foreign direct investment (FDI) is estimated to:
A. experience a significant drop similar to the global recession of 2009. B. reach an all-time low due to political instability and uncertain markets. C. experience an insignificant rise due to a slow rate of increase of merchandise exports. D. surpass the all-time high set a decade earlier in 2007.