MNEs situated in countries with small illiquid and segmented markets are most like:
A) small domestic U.S. firms in that they must rely on internally generated funds and bank borrowing.
B) large U.S. MNEs in that they are all MNEs and have worldwide markets and sources of financing.
C) small domestic U.S. firms in that they have a strong niche market in the U.S.
D) None of the above is true.
Answer: A
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Elaine Matuszek, the sole stockholder of Matuszek Consulting, received a $2,000 dividend from the company. Identify the general journal entry below that Matuszek Consulting will make to record the transaction.
A.
| Common Stock | 2,000 | |
| Cash | 2,000 |
B.
| Cash | 2,000 | |
| Dividends | 2,000 |
C.
| Dividends | 2,000 | |
| Common Stock | 2,000 |
D.
| Dividends | 2,000 | |
| Cash | 2,000 |
E.
| Cash | 2,000 | |
| Common Stock | 2,000 |
Describe the three typical problems that face new employees.
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When a company constructs a building, the cost of the building includes materials and labor but not design fees, building permits, or insurance during construction.
Answer the following statement true (T) or false (F)
A contract to do something that is prohibited by statutory law is void.
Answer the following statement true (T) or false (F)