The accounting equation for Ying Company shows a decrease in its assets and a decrease in its equity. Which of the following transactions could have caused that effect?
A. The company paid an amount due on credit.
B. Cash was received from providing services to a customer.
C. Equipment was purchased for cash.
D. Advertising expense for the month was paid in cash.
E. A utility bill was received for the current month, to be paid in the following month.
Answer: D
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Over the course of 40 years, Sal grew his company to six package shipping stores. With his retirement approaching and the increased competition, he decided to reduce the number of locations to two. Sal's reduction of effort represents a
A. merger approach. B. fixed plan. C. defensive strategy. D. growth strategy. E. stability strategy.
The rate of which foreign direct investments exist is influenced by:
a. Global economy; policy uncertainty; and geopolitical risks b. Foreign disposable income; geopolitical risks and labor availability c. Global legislation; global economy and global market d. Global economy; geopolitical risk and international labor laws
Which of the following is the reason why the Webb Pomerene Act is cited as a criticism of the United States' antitrust laws?
A. because it encourages foreign companies to invest in the United States B. because it exempts U.S. export associations from compliance with the Sherman Act C. because it provides tax cuts for subsidiaries of foreign-national companies in the United States D. because it allows for punitive treble damages to be brought by private plaintiffs
One is subject to ยง 1983 only if acting under _____ of state law
Fill in the blanks with correct word