If the British subsidiary of a European firm has net exposed assets of £250,000, and the pound drops in value from €1.35/£ to €1.30/£, the European firm has a translation:
A) gain of €12,500.
B) loss of €12,500.
C) loss of £12,500.
D) gain of £12,500.
Answer: A
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The UPA is a model act that codifies sole proprietorship law.
Answer the following statement(s) true (T) or false (F)
It is said that job expansion has both a vertical component and a horizontal component. Explain, with reference to such terms as job enrichment, job rotation, and job enlargement
What will be an ideal response?
Blast Corporation manufactures purses and make-up kits. The corporation decides to quit manufacturing purses and distributes the assets associated with this division to its shareholders. The distribution of the these assets will be treated as a partial liquidation if
A. the distribution is "not essentially equivalent to a dividend" and is made within the year a plan of liquidation is adopted or within the succeeding year. B. the corporation so elects. C. the distribution is made within 24 months of the adoption of a plan of liquidation and the transaction is "not essentially equivalent to a dividend." D. the corporation discontinues the line of business and the transaction is "essentially equivalent to a dividend."
Convert the fraction to a higher term as indicated: 
to thirty-sixths
What will be an ideal response?