Glocal strategies are followed by organizations that seek to go global by:
a. Entering into some form of local relationship with organizations in another country
b. Copying what organizations in other countries do
c. Allowing themselves to be taken over by companies from other countries
d. All of the above
a. Entering into some form of local relationship with organizations in another country
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What is control environment?
What will be an ideal response?
On June 20 of the prior year, a company determined that a customer's account receivable was uncollectible and that the account should be written off. Unexpectedly, on September 1 of the current year, the customer paid the account in full. Assuming the allowance method is used to account for bad debts, what effect will this recovery have on the company's net income and total assets?
A. No effect on net income; decrease in total assets. B. Decrease in net income; decrease in total assets. C. Decrease in net income; no effect on total assets. D. No effect on net income; no effect on total assets. E. Increase in net income; no effect on total assets.
Appalachian Airlines began operating in 2014. The company lost money the first year but has been profitable ever since. The company's taxable income (EBT) for its first five years is listed below. Each year the company's corporate tax rate has been 40%. YearTaxable Income2014-$3,250,0002015$1,000,0002016$2,000,0002017$3,000,0002018$5,000,000Assume that the company has taken full advantage of the Tax Code's carry-back, carry-forward provisions and that the current provisions were applicable in 2014. How much did the company pay in taxes in 2017?
A. $1,199,000 B. $1,100,000 C. $1,067,000 D. $1,364,000 E. $1,155,000
Determine the standard deviation of the following population of survey data: 1, 1, 1, 4, 3
a. 1.41 b. 1.26 c. 2.00 d. 1.60