An exhibition of products or services by companies in the same industry is known as a ________.
A. trade mission
B. conference
C. publicity release
D. trade show
Answer: D
You might also like to view...
______________ is related to how the customer perceives the firm.
a. Reputational risk b. Supply chain risk c. Physical d. Litigation risk
A purchase invoice of $500 with a trade discount of 10% and credit terms of 2/10, n/30, is not paid within the discount period. A check should be sent for:
a. $500. b. $490. c. $450. d. none of the above.
________ refers to jurisdiction to hear a case because of jurisdiction over the property of the lawsuit
A) In rem jurisdiction B) Quasi in rem jurisdiction C) Private jurisdiction D) In personam jurisdiction
Pierce Corporation, a U.S. business, is a direct competitor of Zeiss Company, a German firm. The two firms not only compete for customers, but also for investment capital. In Year 1, each company spent about $35,000 U.S. dollars or the equivalent on research and development. U.S. GAAP requires the entire amount to be expensed, while Germany requires its businesses to record R&D expenditures as an asset and then to expense it over its useful life. Assuming the treatment of R&D is the only difference between the two firms, which of the following is correct?
A. Pierce will have a higher debt-to-assets ratio than Zeiss in Year 1. B. This difference in accounting principles does not affect the total amount of assets reported by the two companies. C. Zeiss will have a lower net income for Year 1. D. Pierce will have higher total assets than Zeiss in Year 1.