The total-return approach concentrates solely on capital gains over the long term
Indicate whether the statement is true or false.
Answer: FALSE
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Bruce is a college chemistry major who has been invited to give a presentation for his younger brother’s high school chemistry class about what it is like to major in chemistry. He is asked to prepare about 10 minutes of information, but when he gets to the class, he is told the teacher is sick and there is a sub in charge. The sub asks if he can stretch his presentation to take up at least 30 minutes. What should Bruce do?
What will be an ideal response?
The following selected account balances appeared on the financial statements of the Washington Company: Accounts Receivable, Jan. 1 $13,000 Accounts Receivable, Dec. 31 9,000 Accounts Payable, Jan 1 4,000 Accounts payable Dec. 31 7,000 Merchandise Inventory, Jan 1 10,000 Merchandise Inventory, Dec 31 15,000 Sales 56,000 Cost of Goods Sold 31,000 The Washington Company uses the direct method to
calculate net cash flow from operating activities. Cash collections from customers are A) $56,000 B) $52,000 C) $60,000 D) $45,000
On November 15, Great Designs Company purchased an advertising campaign for the month of December. Great Designs paid cash of $2,700 in advance. The advertising campaign ran in December and was completed on December 31. (a) Prepare all necessary journal entries for the advertising campaign for November and December. (b) Explain why you prepared this/these journal entries
Which of the following is true of corporations that operate in several different countries??
A. ?A nation may expropriate the assets of multinational corporations without compensation. B. ?Differences in legal systems of host nations make it easy for executives trained in one country to operate effectively in another. C. ?Cash flows in various parts of a multinational corporate system are denominated in one currency. D. ?Multinational corporations have the advantage of uniform attitudes toward risk taking from one country to the next. E. ?Uniformity of tax-laws across different nations result in proper coordination and control of subsidiaries.