Credit unions are nonprofit depository institutions that serve members who have a common affiliation (such as the same employer or same community)

Indicate whether the statement is true or false.


Answer: TRUE

Business

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Foodmart, Inc. completed the following treasury stock transactions in 2018:

Mar. 3 Purchased 1,800 shares of the company's $3 par value common stock as treasury stock, paying cash of $10 per share. Mar. 17 Sold 400 shares of the treasury stock for cash of $12 per share. Mar. 25 Sold 600 shares of the treasury stock for cash of $7 per share. (Assume the balance in Paid-In Capital from Treasury Stock Transactions on March 24 is $ 1,200.) Journalize these transactions. Explanations are not required. How will Foodmart, Inc. report treasury stock on its balance sheet as of Decembe

Business

Which of the following may not be categorized as one of the personal needs of a business-to-business buyer?

A. Help me advance professionally within my firm B. Help me become more insightful about my industry C. Help me reduce my workload D. Help increase the satisfaction of my business unit's customers E. Help me generate influence within my organization

Business

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

1. Global sourcing is also known as outshoring. 2. The other methods of going global usually encompass global sourcing. 3. It is usually difficult for small businesses to go global, and they account for a small percentage of all exports. 4. In a strategic alliance, the two (or more) companies remain separate and independently controlled but share ownership and control of the new company they create. 5. Technology in communications and travel has clearly accelerated the speed of globalization of business.

Business

Customer perceptions of the product's value set the floor for prices

Indicate whether the statement is true or false

Business