Inputs to a production system that are held in the common do not have market ________
Fill in the blanks with correct word
prices
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Answer the following statements true (T) or false (F)
According to IAS 7, interest and dividends received or paid must be classified as financing cash flows.
For each of the following items, indicate whether it would be classified as an (O) operating activity, an (I) investing activity, a (F) financing activity, or a significant (N) noncash financing and investing activity.________ (1) Received interest from investments in trading securities.________ (2) Collected accounts receivable from customers.________ (3) Issued bonds payable for cash.________ (4) Paid wages to employees.________ (5) Issued stock for cash.________ (6) Sold equipment for cash.________ (7) Purchased land in exchange for a note payable.________ (8) Paid cash dividends.________ (9) Received dividends from stock investments.________ (10) Purchases of land for cash.
What will be an ideal response?
Robinson (1978: 297) states that, ‘The firm will opt for an approach of using parent-country nationals in foreign management positions by default, i.e., simply as an automatic extension of domestic policy, rather than deliberately seeking optimum utilisation of management skills’. Do you agree with this, if so what are its implications for MNEs?
What will be an ideal response?
Harry Heinz operated a small barber shop on leased premises for many years. When he was out one day, his new assistant, Jimmy Griffiths, sold a few bags of marijuana. Jimmy was arrested
The landlord found out, was furious, and gave Harry notice that he was terminating the lease because of "illegality". Harry does not want to leave. Which of the following is TRUE? A) Harry may be able to contest the eviction on the basis that the notice was not sufficiently detailed. B) Harry may contest the eviction on the basis that he was not given an opportunity to remedy the breach. C) Generally, illegality is a breach not capable of remedy. D) The court has an overriding discretion to relieve from forfeiture. E) A,C and D