Higher liquidity (holding larger cash and marketable securities balances) generally results in a
lower return on equity.
Indicate whether the statement is true or false
TRUE
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The strategy that identifies a brand as a symbol of a particular global segment is known as:
A) foreign consumer culture positioning. B) global consumer culture positioning. C) local consumer culture positioning. D) global market positioning. E) demographic market positioning.
When the principal-agent relationship is not contractual, the agent has no right to specific performance.
Answer the following statement true (T) or false (F)
American law fails to regulate pesticides that are exported to other countries
Indicate whether the statement is true or false
A company provided $12,000 of consulting services on account. The customer promises payment in 30 days. Identify the journal entry below that properly records this transaction.
A.
| Cash | 12,000 | |
| Consulting Services Revenue | 12,000 |
B.
| Accounts Receivable | 12,000 | |
| Consulting Services Revenue | 12,000 |
C.
| Consulting Services Revenue | 12,000 | |
| Cash | 12,000 |
D.
| Accounts Payable | 12,000 | |
| Consulting Services Revenue | 12,000 |
E.
| Accounts Payable | 12,000 | |
| Cash | 12,000 |