An American firm that builds a factory abroad for the building of component parts to be shipped back to the United States does not qualify for OPIC insurance

Indicate whether the statement is true or false


True

Business

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Laguna's Corporation purchased treasury stock for $50,000 . The journal entry to record the transaction is:

a. Cash 50,000 Treasury Stock 50,000 b. Treasury Stock 50,000 Common Stock 50,000 c. Treasury Stock 50,000 Cash 50,000 d. Common Stock 50,000 Treasury Stock 50,000

Business

Identify an important difference for marketers between Twitter and Facebook

What will be an ideal response?

Business

According to the Statements on Standards for Tax Services, what belief should a CPA have before taking a pro-taxpayer position on a tax return?

What will be an ideal response?

Business

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. A convertible bond would let the investor exchange it for [preferred | common] stock.

Business