Which of the following contributes to the growth of born global enterprises, according to Tanev?
a. Universities as anchor points
b. Small home market
c. Demanding local clients
d. All of the above
d. All of the above
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An accountant explains how to construct a “CD ladder,” a technique that enables investors to benefit from the high interest rates of long-term certificates of deposit without losing access to their money for overly long periods of time. This is an example of which type of informative presentation?
a. exploratory b. explanatory c. descriptive d. demonstrative
A toy manufacturer makes stuffed kittens and puppies that have relatively lifelike motions. There are three different mechanisms which can be installed in these "pets"
These toys will sell for the same price regardless of the mechanism installed, but each mechanism has its own variable cost and setup cost. Profit, therefore, is dependent upon the choice of mechanism and upon the level of demand. The manufacturer has in hand a forecast of demand that suggests a 0.2 probability of light demand, a 0.45 probability of moderate demand, and a probability of 0.35 of heavy demand. Payoffs for each mechanism-demand combination appear in the table below. Demand Wind-up action Pneumatic action Electronic action Light $250,000 $90,000 -$100,000 Moderate 400,000 440,000 400,000 Heavy 650,000 740,000 780,000 Construct the appropriate decision tree to analyze this problem. Use standard symbols for the tree. Analyze the tree to select the optimal decision for the manufacturer.
Travis signs a check "pay to the order of Umberto" drawn on Travis's account in Valley Bank. Travis has $400 in his account but the amount of the check is $500, which the bank pays. This is A) a dishonored check
B) an overdraft. C) an oversight. D) a stale check.
The character of income is a factor in determining the rate at which the income is taxed.
Answer the following statement true (T) or false (F)