The International Chamber of Commerce (ICC) is the world's largest global business organization.

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


True

Business

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As a societal characteristic, ______ refers to the tendency of a society to view people as interdependent with selected others who are part of stable groups, such as a kinship group.

A. collectivism B. individualism C. intranational D. differing

Business

Phone interviews are used as a way to minimize the expenses involved in interviewing out-of-town candidates

Indicate whether the statement is true or false

Business

Consider the Demand for Microwave Ovens data set. What is the total demand corresponding to random numbers 48, 76, 17, 82, 43, and 3?



A. 8
B. 9
C. 10
D. 11

Business

The financial statements for Goodwin, Inc., and Corr Company for the year ended December 31, 2018, prior to the business combination whereby Goodwin acquired Corr, are as follows (in thousands): Goodwin CorrRevenues$2,700  $600 Expenses 1,980   400 Net income$720  $200 Retained earnings, 1/1$2,400  $400 Net income 720   200 Dividends (270)  (0)Retained earnings, 12/31$2,850  $600 Cash$240  $220 Receivables and inventory 1,200   340 Buildings (net) 2,700   600 Equipment (net) 2,100   1,200 Total assets$6,240  $2,360 Liabilities$1,500  $820 Common stock 1,080   400 Additional paid-in capital 810   540 Retained earnings 2,850   600 Total liabilities and stockholders' equity$6,240  $2,360 ??On December 31, 2018, Goodwin

obtained a loan for $600 and used the proceeds, along with the transfer of 30 shares of its $10 par value common stock, in exchange for all of Corr's common stock. At the time of the transaction, Goodwin's common stock had a fair value of $40 per share.??In connection with the business combination, Goodwin paid $25 to a broker for arranging the transaction and $35 in stock issuance costs. At the time of the transaction, Corr's equipment was actually worth $1,400 but its buildings were only valued at $560.?In this acquisition business combination, what total amount of common stock and additional paid-in capital should Goodwin recognize on its consolidated financial statements? A. $1,165. B. $265. C. $1,765. D. $1,200. E. $1,235.

Business