Within Germany, what is the name for the power of a U.S. dollar when it is used to purchase an amount of goods and services?
A) internal purchasing power
B) external purchasing power
C) absolute purchasing power parity
D) relative purchasing power parity
Answer: B
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Perch Corporation has made paint and paint brushes for the past ten years. Perch Corporation is owned equally by Arnold, an individual, and Acorn Corporation. Perch Corporation has $100,000 of accumulated and current E&P. Both Arnold and Acorn Corporation have a basis in their stock of $10,000. Perch Corporation discontinues the paint brush operation and distributes assets worth $10,000 each to Arnold and Acorn Corporation in redemption of 20% of their stock. Due to the distribution, Arnold and Acorn Corporation must report:
A.
| Arnold | Acorn Corporation |
| $10,000 dividend | $8,000 capital gain |
B.
| Arnold | Acorn Corporation |
| $8,000 capital gain | $8,000 capital gain |
C.
| Arnold | Acorn Corporation |
| $8,000 capital gain | $10,000 dividend |
D.
| Arnold | Acorn Corporation |
| $10,000 dividend | $10,000 dividend |
What is the cornerstone of the master budget for a merchandising company? Why?
What will be an ideal response?
Blogs are considered non-media connectors when they
A) are not written by industry experts or celebrities. B) are independent of any news medium. C) do not carry advertising messages. D) have content that does not revolve around products. E) are considered outside of FCC jurisdiction.
The problem of capacity constrained organizations that cannot stockpile services is most commonly found among services that process ____________ and ____________
a. non-labor intensive information; time b. physical possessions; time c. people; non-labor intensive information d. people; physical possessions e. non-labor intensive information; physical possessions