Prepare the journal entry to close the expense accounts. Omit explanation.
An adjusted trial balance for a merchandiser is given below.
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Lila, a newspaper columnist in Chicago, is unhappy with the rising prices of fuel in the United States. She publishes an article criticizing the government's refusal to offer gasoline at subsidized rates. This is an example of fully protected speech.
Answer the following statement true (T) or false (F)
Gross national product (GNP) is the total market value of all final goods and services produced in a country for a given time period
Indicate whether the statement is true or false a. True b. False
Given the pressures for consistency among subsidiaries in the international form, ______ is the tendency of the firm to duplicate, in new environments, existing structures and procedures that are effective.
A. value creation B. organizational replication C. incompatibility of the partner D. value creation
A Penrosian definition of the firm focuses on the role of:
a. Technology b. Capital c. Resources d. Network