A(n) ________ is a special-purpose free zone associated with, but physically apart from, a free trade zone, in which limited-purpose trading activities are carried on
A. exclusive economic zone
B. closed sector
C. free trade area
D. subzone
D
You might also like to view...
If an analyst expects a firm to generate net income each period exactly equal to required earnings, then the value of the firm will be equal to the ______________________________ of common shareholders' equity
Fill in the blank(s) with correct word
Roberto and Reagan are both 25-percent owner/managers for Bright Light Inc. Roberto runs the retail store in Sacramento, CA, and Reagan runs the retail store in San Francisco, CA. Bright Light Inc. generated a $125,000 profit companywide made up of a $75,000 profit from the Sacramento store, a ($25,000) loss from the San Francisco store, and a combined $75,000 profit from the remaining stores. If Bright Light Inc. is an S corporation, how much income will be allocated to Roberto?
A. $75,000 B. $62,500 C. $125,000 D. $31,250
Peter, a minor, purchased a car from ACME Motors. Using a fake ID, he misrepresented his age to be 18 . The contract is fully executed. Which of the following is correct?
a. Peter cannot disaffirm the contract because a car is a necessary. b. Peter cannot disaffirm the contract because of his misrepresentation. c. Peter can disaffirm the contract, because a minor must be saved from his own poor judgment, including his lie. d. Either b or c may be applicable depending on the law of the jurisdiction in which the contract was formed.
Which of the following assumptions is embodied in the AFN equation?
A. Accounts payable and accruals are tied directly to sales. B. Common stock and long-term debt are tied directly to sales. C. Fixed assets, but not current assets, are tied directly to sales. D. Last year's total assets were not optimal for last year's sales. E. None of the firm's ratios will change.