The U.S. countervailing duty statute requires that the International Trade Commission determine the fair market price of the imported product in the country of origin
Indicate whether the statement is true or false
False
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Rate of return on common shareholders' equity (ROCE)
a. measures a firm's performance in using and financing assets to generate earnings and explicitly considers financing costs. b. a measure of profitability that incorporates the results of operating, investing, and financing activities. c. equals net income (less dividends on preferred stock, if any) divided by average common shareholders' equity. d. all of the above e. none of the above
Establishing a sole proprietorship generally requires the owner to get a charter from the state government.
Answer the following statement true (T) or false (F)
Body care Corporation makes and sells Chem Med, the most prescribed name-brand blood pressure-lowering medication. Deja Vu Drugs, Inc, has the potential to make a generic version of the same drug.? ?A court would most likely rule that the agreement between Bodycare and Deja Vu is A) a deal that neither restrains trade or harms competition
B) a legal restraint of trade.? C) a per se violation of the Sherman Act. D) subject to analysis under the rule of reason.
What is inherent risk?
A) The probability that the auditor may not detect material misstatements in the financial statements. B) The probability that the client's internal control policies and procedures will fail to detect material misstatements. C) The probability that material misstatements have occurred in transactions entering the accounting system used to develop financial statements. D) The probability that some accounts are more susceptible to misstatement than others.