The 2002 amendments to the Revised Act provide for domestication and conversion into other entities without a merger
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following is true of source derogation?
A. They are considered to be a useful tool for measuring consumer loyalty. B. They enhance brand recognition. C. They are positive thoughts about the spokesperson in an ad. D. They are one of the least important types of emotional responses to an ad. E. They generally lead to a reduction in message acceptance.
Rowan, Inc.'s, income statement is shown below. Based on this income statement and the other information provided, calculate the net cash provided by operations using the indirect method.Rowan, Inc.Income StatementFor Year Ended December 31Sales? $248,000Cost of goods sold? 116,000Gross profit? $132,000Operating expenses?? Wages and salaries expense $ 44,000? Rent expense 16,000? Depreciation expense 30,000? Other operating expenses 18,000 108,000Income from operations? $ 24,000Gain on sale of equipment? 26,000Income before income taxes? $ 50,000Income taxes expense? 17,500Net income? $ 32,500?Additional information:Increase in accounts receivable$ 4,000Increase in accounts
payable 16,000Increase in income taxes payable 300Decrease in prepaid expenses 10,000Decrease in merchandise inventory 14,000 What will be an ideal response?
When a corporation records a stock dividend, it decreases the retained earnings account for the par value of the stock.
Answer the following statement true (T) or false (F)
Which of the following will most likely harm a multinational enterprise's (MNE's) reputation?
A. A sweatshop owned by an MNE has an explosion that kills hundreds of workers. B. Wages for workers in a factory owned by an MNE increase, causing profits to decline. C. Increased competition causes an MNE to close a factory in a developing country. D. Principal-agent problems cause an MNE to merge with another MNE.