If you want to declare a variable explicitly, you do so using a _____ statement.
Fill in the blank(s) with the appropriate word(s).
Dim
If you want to declare a variable explicitly, you do so using a Dim statement. When declaring a string variable with a Dim statement, you can specify the maximum length if you know it (it's a fixed-length string) or let VBA handle it dynamically (it's a variable length string).
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On January 1, 2018, the Regal Company purchased 30% of the outstanding voting stock of the Air Corporation for $300,000; the book value of Air's net assets at the date of purchase was $900,000. Regal was willing to pay more than the book value of the acquired shares because Air's depreciable assets with a ten-year remaining life were undervalued. Regal uses straight-line depreciation. During 2018, Air reported net income of $75,000 and paid dividends of $30,000.Regal has elected the fair value option to account for equity method investments. The fair value of the Air investment as of December 31,2018 was $295,000. The carrying value of the Air investment on December 31, 2018 was
A. $295,000 B. $313,500 C. $300,000 D. $310,500
Felicia, an elderly woman, does not speak or read English well. Felicia is a recent immigrant to this country. A dishonest immigration officer tells Felicia to sign several documents as being necessary to maintain her legal immigration status. Unknown to Felicia, she signs a promissory note. The immigration officer thereafter sells the note to Neighborhood Bank, a holder in due course, who goes
after Felicia for payment of the note. Felicia's defense to the Neighborhood Bank is a. fraud in the inducement; a real defense. b. fraud in the execution; a real defense. c. unauthorized completion; a personal defense. d. breach of contract; a real defense.
If we want to use Markov analysis to study market shares for competitive businesses,
A) it is an inappropriate study. B) simply replace the probabilities with market shares. C) it can only accommodate one new business each period. D) only constant changes in the matrix of transition probabilities can be handled in the simple model. E) None of the above
You have been asked to evaluate possible sites for an Asian production facility that will manufacture your firm's products and sell them to the Asian market. What real exchange rate considerations should you entertain in your evaluation?
What will be an ideal response?