When using a negotiated transfer price, a decision must be made which market price to use

Indicate whether the statement is true or false


F

Business

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Which of the following options presents the right sequence of activities in developing a strategic plan for services?

a. First, identify the target market for the firm’s services; second, determine the firm’s core competency; third, define its mission and its high-level corporate goals and objectives. b. First, determine the firm’s core competency; second, identify the target market for the firm’s services; third, define its mission and its high-level corporate goals and objectives. c. First, define its mission and its high-level corporate goals and objectives; second, determine the firm’s core competency; third, identify the target market for the firm’s services; d. First, determine the firm’s core competency; second, define its mission and its high-level corporate goals and objectives, third, identify the target market for the firm’s service.

Business

Land assigned by zoning laws for business activities is designated as being for commercial use.

Answer the following statement true (T) or false (F)

Business

Refer to the following selected financial information from McCormik, LLC. Compute the company's acid-test ratio for Year 2.   Year 2 Year 1Cash$37,500 $36,850 Short-term investments 90,000  90,000 Accounts receivable, net 85,500  86,250 Merchandise inventory 121,000  117,000 Prepaid expenses 12,100  13,500 Plant assets 388,000  392,000 Accounts payable 113,400  111,750 Net sales 711,000  706,000 Cost of goods sold 390,000  385,500 

A. 3.05. B. 1.98. C. 2.26. D. 1.88. E. 2.95.

Business

Rich Hasbro is a vice president for Huffy Diapers. He currently heads the African division of this international company. He has just been able to secure approval for sale of Huffy Pull-Ons in the Sudan. When the Pull-Ons arrive at the borders, a customs agent demands $5,000 before he will allow the Pull-Ons into his country. Rich tells the trucking company, "Pay him. I'll reimburse." A) Rich

has not violated the FCPA because this is a facilitation payment. B) Rich has not violated the FCPA because a third party made the payment. C) Rich has violated the FCPA. D) None of the above

Business