Carlos Hernandez owns a company in Miami that purchases products from U.S. manufacturers for export to several countries in Central and South America. Carlos is a(n):
A. licensing agent
B. buyer for export
C. export broker
D. export agent
E. export importer
Answer: B
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Finalized budget figures are sent to the GL/BR process by:
a. the financial reporting officer b. the budgeting department c. the treasurer d. the managerial reporting officer
A risk premium is the difference between
A) the return on an investment and its risk. B) the return on an investment and the return on Treasury bills. C) the rate of inflation and the return on Treasury bills. D) the intrinsic value of an investment and its market price.
Redribbon Gallery reported the following assets on its December 31, 2017 balance sheet
Dec. 31, 2017 Dec. 31, 2016 Cash $35,000 $28,000 Accounts Receivable 97,000 85,000 Merchandise Inventory 80,000 62,000 Prepaid Expenses 29,000 20,000 Property, plant, and equipment, net 30,000 18,000 If the net sales for the year amounted to $850,000, what is the asset turnover ratio for 2017? What will be an ideal response
What circumstances would lead an enterprise to revise its mission or its vision?
What will be an ideal response?