When governments nationalize a firm, they don't seek to
A. extract more money from the firm.
B. sell the firm to foreign investors.
C. increase the firm's profitability.
D. preserve jobs.
Answer: B
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Concerning foreign exchange trading, which of the following characterizes a forward contract?
a. It is an agreement between a holder and a writer. b. Its contract size can be tailored to the needs of the exporter, importer, and so on. c. Its date of delivery is non-negotiable. d. It does not obligate a person to carry out a transaction if the price has changed.
For work done during August, Printing Press Company incurred direct materials costs of $130,000 and conversion costs of $226,000 . The company employs a traditional operating philosophy. At the end of August, it was determined that the Work in Process Inventory account had been assigned $1,000 of costs, and the ending balance of the Finished Goods Inventory account was $3,000 . There were no
beginning inventory balances. How much was cost of goods manufactured during August? a. $356,000 b. $355,000 c. $353,000 d. $352,000
Which of the following statements is true?
a. Job order cost sheets for incomplete jobs serve as the work in process subsidiary ledger. b. Job order cost sheets are prenumbered for control purposes. c. Job order cost sheets for jobs that have been completed but not yet delivered to the customer serves as the finished goods subsidiary ledger. d. All of the above choices are true.
When the luxury auto brand Mercedes-Benz needed to target affluent potential customers with the launch of its new E- and C-class models, it turned to ________ because its users spend more online-more than 2.5 times as much as an average U.S. consumer-which likely signals their relative affluence.
A. Flickr B. Facebook C. LinkedIn D. Google+ E. Twitter