Answer the following statements true (T) or false (F)
1.We usually reproduce what we store in our memory.
2.When we organize the stimuli we perceive uniquely, we are creating perceptual sets.
3.Rigid perceptions that are applied to all members of a group, regardless of individual variation, are called ethnocentricities.
4.The Internet is affecting how well we remember information.
5.When we look for a consensus, we consider differences in behavior.
1.FALSE
2.TRUE
3.FALSE
4.TRUE
5.FALSE
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Exhibit 20-4 On January 1, 2016, Average Leasing Company entered into a direct financing lease with a lessee, Lenny Company. The lease agreement calls for five equal annual payments of $75,000 at the beginning of each year with the first payment due on January 1, 2016. The leased property has an estimated residual value of $10,000, which Lenny does not guarantee. The property remains the property
of Average at the end of the lease term. Average desires a 12% rate of return. Present value factors for a 12% interest rate are as follows: Present value of $1 for n = 1 0.892857 Present value of $1 for n = 5 0.567427 Present value of an ordinary annuity for n = 5 3.604776 Present value of an annuity due for n = 5 4.037349 ? Refer to Exhibit 20-4. Given the structure of the lease, the payments, and the residual value information, what is General's net investment in the lease during 2017 (round the answer to the nearest dollar)? A) $248,475 B) $158,475 C) $186,492 D) $264,137
A global strategy is one in which a company performs all of the following tasks, except it
A. coordinates its actions worldwide with strong headquarters control that represents a think-global, act-global approach. B. sells much of the same products everywhere. C. strives to build global brands. D. employs the same basic competitive approach in all countries where it operates. E. uses local brand names to cater to a country's specific needs.
If exchange rates were fixed, investors and traders would be relatively certain about the current and near future exchange value of each currency
Indicate whether the statement is true or false.
Signo Inc.'s current year income statement includes a $21,000 gain realized on the exchange of an old business asset for a new business asset. If the exchange is nontaxable, Signo has a $21,000 favorable permanent book/tax difference.
Answer the following statement true (T) or false (F)