Understanding how business communication is taught in other countries is helpful when communicating interculturally
Indicate whether the statement is true or false.
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All of the following are typically in the current file except:
A. lead schedules. B. chart of accounts. C. copies of the audit report. D. adjusting journal entries.
Exhibit 13-03 ? On January 1, 2017, Train, Inc accepted an $80,000, non-interest bearing 3 year note in exchange for equipment it sold to Steam Company. Train originally purchased the equipment for $125,000, and it had a book value of $75,000 on the date of the sale. The note was non-interest-bearing. An assumed 11% interest rate is implicit in the agreement. Actual information for 11%, three
periods, follows: ? Present value of 1 0.73119 Present value of annuity of 1 2.44371 ? ? Refer to Exhibit 13-03. What amount should Train record for the discount on Notes Receivable? A) $0 B) $16,505 C) $21,505 D) $58,495
When continuing partners agree to relieve the withdrawing partners of liability on the debts of the old partnership, the act of novation can take place, which involves an agreement by the creditor:
A. only with the continuing partners. B. with both the withdrawing partners and the continuing partners. C. with the new partners replacing the withdrawing partners to hold them liable for the debts. D. with the withdrawing partners themselves and not their representatives.
ABC bottling is struggling financially. They may choose to outsource some of their operations overseas in order stay in business and retain most of their U.S. workforce. The downside of this decision will need to layoff dozens of employees. Which ethical decision-making approach is exemplified in this scenario?
A. utilitarian B. objective C. rights D. justice