When Tough Mudder launched in 2010, it spent its entire $8,000 communication budget on mobile advertising, which generated plenty of word of mouth
Indicate whether the statement is true or false
FALSE
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Which of the following statements is false regarding the reasons for differing accounting systems around the world?
a. Countries that have strong political and economic ties often share similar accounting practices. b. Canada and Mexico, two former British colonies, can trace their accounting roots to those found in the United Kingdom. c. The state of economic development typically mirrors the development stage of accounting rules in countries. d. In some less-developed countries of the world, where the forces of capitalism are less prevalent, accounting standards have developed at a much slower pace than they have in more advanced economies.
The discount rate used in net present value calculations is the company's minimum rate of return
Indicate whether the statement is true or false
One study predicts that by 2012, ____ of Global Fortune 500 companies will adopt gaming for learning and training.
A. 10% B. 25% C. 40% D. 55%
Fargo Company's outstanding stock consists of 450 shares of noncumulative 5% preferred stock with a $10 par value and 5500 shares of common stock with a $1 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends. Dividends Declared & Paidyear 1$35,000?year 2$7000?year 3$44,000?The amount of dividends paid to preferred and common shareholders in year 1 is:
A. $29,7500 preferred; $5250 common. B. $4500 preferred; $30,500 common. C. $225 preferred; $34,775 common. D. $35,000 preferred; $0 common. E. $17,500 preferred; $17,500 common.