A company that holds a promissory note from another company has an asset, called a(n) ____________________
Fill in the blank(s) with correct word
note receivable
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Which of the following is most likely a benefit of joint ownership?
A) It allows a firm to gain the financial and managerial resources that it may otherwise lack. B) It is the simplest way for a domestic company to enter a foreign market. C) It minimizes the need to build a new manufacturing facility in the foreign market. D) It allows one firm to acquire complete ownership of the other firm in the venture. E) It provides significant economies of scale for both the local firm and the foreign investor.
Which is true about today's service desk industry?
A. Service desk positions are typically entry level and don't require many skills. B. Service desk analysts focus on being more technical and less customer-service oriented. C. Service desks are being moved into more strategic positions in companies. D. Typically, service desks don't contribute to the company's bottom line.
Michael & Co. expects overhead costs of $60,000 per month and direct production costs of $24 per unit. The estimated production activity for the current accounting period is as follows: 1st Quarter2nd Quarter3rd Quarter4th QuarterUnits produced11,5009,0008,25011,250 The predetermined overhead rate based on units produced is: (rounded to the nearest penny.)
A. $1.50 per unit. B. $2.67 per unit. C. $42.00 per unit. D. $18.00 per unit.
The _______________________________ is an international organization of countries that provides a forum for negotiating and enforcing global trade agreements.
Fill in the blank(s) with the appropriate word(s).