In the United States, the increased use of store signage in both English and Spanish is a response to global forces in the business environment
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: Bilingual signs are a response to the growing number of Hispanics living in the United States. This demographic change is a social force.
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The term "deficit" refers to
a. an excess of current assets over current liabilities. b. an excess of current liabilities over current assets. c. a debit balance in Retained Earnings. d. a loss that is reported as a prior period adjustment.
Answer the following statements true (T) or false (F)
ARB 43 recommended capitalization for leases that were, in substance, installment purchases.
Division X makes a part that it sells to customers outside of the company. Data concerning this part appear below: Selling price to outside customers$50 Variable cost per unit$30 Total fixed costs$400,000 Capacity in units 25,000 Division Y of the same company would like to use the part manufactured by Division X in one of its products. Division Y currently purchases a similar part made by an outside company for $49 per unit and would substitute the part made by Division X. Division Y requires 5,000 units of the part each period. Division X has ample excess capacity to handle all of Division Y's needs without any increase in fixed costs and without cutting into outside sales. What is the lowest transfer price Division X will accept?
A. $49 B. $20 C. $46 D. $30 E. $50
In the context of open-end mutual funds, the net asset value per share(NAVPS) is computed by:
A. dividing the total value of the fund's cash, securities, and other assets by the value of the coupon rate and the firm's liabilities. B. dividing the capital gains by the number of fund shares outstanding. C. dividing the accumulated value of the fund's assets by the current yield. D. dividing the total value of the fund's cash, securities, and other assets by the number of fund shares outstanding.