When the value of the U.S. dollar appreciates against another country's currency, we may purchase more of the foreign currency with a dollar.

Answer the following statement true (T) or false (F)


True

Business

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A company's old machine that cost $40,000 and had accumulated depreciation of $22,000 was traded in on a new machine having an estimated 20-year life with an invoice price of $45,000. The company also paid $33,000 cash, along with its old machine to acquire the new machine. If this transaction has commercial substance, the new machine should be recorded at:

A. $33,000. B. $18,000. C. $51,000. D. $45,000. E. $40,000.

Business

Describe the four main areas where a brand may need some adaptation when going international.

What will be an ideal response?

Business

Daniel Custom Cycles' common stock currently pays no dividends. The company plans to begin paying dividends beginning 3 years from today. The first dividend will be $3.00 and dividends will grow at 5 percent per year thereafter

Given a required return of 15 percent, what would you pay for the stock today? A) $25.33 B) $18.73 C) $29.86 D) $22.68

Business

The doctrine that prevents an injustice due to the promisee's reasonable reliance on the promisor's promise is:

a. promissory reasonableness b. promissory reliance c. forced fulfillment d. promissory binding e. none of the other choices are correct

Business