Which of the following is not a characteristic of domestic business?
a. It has a relatively simple business environment.
b. It transacts business in one language.
c. Its culture is relatively simple.
d. It transacts business in more than one country.
d
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Callable bonds may be retired by the issuer before their specified due date
a. True b. False Indicate whether the statement is true or false
The Copy Department in the College of Business at State University provides photocopying services for both the Marketing and Economics Departments. The following budget has been prepared for the year. Available capacity6,000,000pagesBudgeted usage: Marketing3,600,000pagesEconomics1,800,000pagesCost equation$120,000 + $0.025per pageIf the Copy Department uses a dual-rate for allocating its costs, how much cost will be allocated to the Economics Department, assuming the Economics Department actually made 2,100,000 copies during the year?
A. $92,500. B. $112,500. C. $85,000. D. $132,500.
Dillon has excellent decision-making skills. These skills will be required if Dillon wishes to one day become a ______ manager, where the need for such skills is greater than it is at other levels.
a. functional b. top-level c. first-line d. program
Niagara Art is a new business
During its first year of operations, credit sales were $41,000 and collections of credit sales were $37,000. One account, $700, was written off. Management uses the percent-of-sales method to account for bad debts expense and estimates 2% of credit sales to be uncollectible. Bad debts expense for the first year of operations is ________. A) $120 B) $820 C) $700 D) $1,560