Under the CAGE distance framework, the administrative and political distance between two countries primarily increases with

A. physical remoteness.
B. differences in climates and time zones.
C. the absence of a trading bloc.
D. the lack of connective ethnic and social networks.


Answer: C

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Revising depreciation estimates affects the amounts of depreciation expense recorded in past periods

a. True b. False Indicate whether the statement is true or false

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Use the following information to answer the question below. When Calvert Corporation was formed on January 1, 2010, the corporate charter provided for 50,000 shares of $20 par value common stock. The following transactions were among those engaged in by the corporation during its first month of operation: 1 . The corporation issued 200 shares of stock to its lawyer in full payment of the $5,000

bill for assisting the company in drawing up its articles of incorporation and filing the proper papers with the state agency. 2 . The company issued 8,000 shares of stock at a price of $25 per share. 3 . The company issued 7,000 shares of stock in exchange for equipment that had a fair market value of $160,000. The entry to record transaction 1 would be: a. Start-up and Organization Costs 4,000 Common Stock 4,000 b. Start-up and Organization Costs 5,000 Common Stock 4,000 Additional Paid-in Capital 1,000 c. Start-up and Organization Costs 4,000 Additional Paid-in Capital 4,000 d. Start-up and Organization Costs 5,000 Common Stock 5,000

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The primary purposes of the Equal Credit Opportunity Act are to inform consumers about terms of a credit agreement and to require creditors to specify how finance charges are computed.

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

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Part of an ANOVA table is shown below. Source ofVariationSum ofSquares Degreesof Freedom MeanSquare F Between Treatments64 8 Within Treatments (Error)2 Total100 ? If we want to determine whether or not the means of the populations are equal, the p-value is

A. greater than .1. B. between .05 to .1. C. between .025 to .05. D. less than .01.

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