Which of the following companies is involved in foreign licensing?
A. An American electronics company that establishes a subsidiary in Asia to cut down its cost of production
B. A European company that grants a company in Asia the rights to produce and sell its products
C. An African company that starts a new business venture by working together with an Asian company
D. A North American company that buys a small African company and uses it to manufacture its products
Answer: B
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On October 1, Black Company receives a 9% interest-bearing note from Reese Company to settle a $20,000account receivable. The note is due in six months. At December 31, Black should record interest revenue of
a. $0 b. $450 c. $900 d. $1,800
Which of the following is most likely true about our individual communication style?
A) It is formed in utero, before we are born. B) It is formed during the first year of our life. C) It is formed before we enter elementary school. D) It is constantly changing throughout life. E) It is based on environmental factors, not heredity.
Tyson Construction Inc Use the information provided for Tyson Construction Inc to answer the following question(s) using the effective interest method. On January 2, 2012, Tyson Construction Inc issued $1,000,000, 10-year bonds for $1,135,915. The bonds pay interest on June 30 and December 31. The stated rate is 10% and the market rate is 8%. Refer to the information provided for Tyson
Construction Inc The interest expense on the bonds at June 30, 2012 is: A) $50,000.00. B) $45,436.60. C) $57,135.75. D) $90,873.20.
Net present value:
A) is gross domestic product less depreciation. B) is sales volume less sales and excise taxes. C) is profit after taxes. D) ignores the time value of money. E) is the discounted value of a series of future cash receipts.