9. The least risky method by which firms conduct international business is: a franchising b. acquisitions of existing operations. c. international trade. d. the establishment of new subsidiaries. e. licensing

Which of the following is not a step in the accounting process? Record relevant transactions and events in a journal. Post journal information to the ledger accounts. Prepare and analyze the trial balance. Analyze each transaction.

Assets are equal to A. Liabilities - owner's equity B. Liabilities - revenues C. Liabilities + owner's equity D. Revenues - expenses

Suppose that there is a welfare program with an income guarantee of $6000 and a benefit reduction rate of 50 percent. In the absence of the program, an individual can work up to 2000 hours per year at an hourly wage of $8 per hour. A.

The annual rate of return on any given stock can be found as the stock's dividend for the year plus the change in the stock's price during the year, divided by its beginning-of-year price.

Samantha runs a store that exclusively sells handmade vegan cosmetics. The store has a wide range of products manufactured by different companies. The store is relatively small in size and Samantha did not have to invest a lot in it.

Which one of the following increases the competitive pressures associated with the threat of entry? Select one: a. When buyers have a high degree of loyalty to the brands and product offerings of existing industry members b.

At the end of the current year, the accounts receivable account has a debit balance of $100,000 and Sales for the year totaled $1,500,000. The Allowance for Doubtful Accounts has a DEBIT balance of $2,000 prior to adjustment.

Which of the following would be a bad location for computer equipment? A. In the corner of a room, at least 6 inches from any wall B. On a desk beside a fish tank C. On a wooden table D. Beside a closed window

This year three manufacturers of mattresses have closed shop and there is only one mattress manufacture left. With few additional competitors what will likely happen to the supply of mattresses?

Julio used when he set goals, developed action plans, reviewed progress and took corrective action as needed, and appraised performance.