Assume that an mnc has a subsidiary in italy, which exports its products to various countries in europe. since all of the countries where it exports use the euro as their currency, this mnc is not subject to exchange rate risk.

a. true

b. false

True or false: if jacques's fire engines were a competitive firm instead and $160,000 were the market price for an engine, increasing its production would not affect the price at which he can sell engines.

Each year, White Mountain Enterprises (WME) prepares a reconciliation schedule that compares its income statement with its statement of cash flows on both the direct and indirect method bases.

Wireless high speed internet is provided for free in the airport of the city of communityville a. At first, only a few people use the service. What type a good is this and why? b.

The accountant of Omega, Inc. failed to make an adjusting entry to record $6,000 of unearned service revenue that has now been earned. Assume the deferred revenue was initially recorded as a liability. Which of the following statements is true? A.

Kevin has deposited money into a savings account. Choose the correct terms to complete each sentence. Kevin deposits $100 into a savings account today. This is his. In one year, Kevin's money earns 5 percent. The $5 he earns is.

Steve is a fan of the los angeles lakers basketball team. with little provocation, he will engage you in a debate about whether it is the greatest team in basketball. what may steve be demonstrating

Sally and Alicia are equal general partners In a business. They are content with their current management and tax situation but are uncomfortable with their unlimited liability.

The philosophical leaders of the quality movement, Philip Crosby, W. Edwards Deming, and Joseph M. Juran, had the same general message about what it took to achieve outstanding quality. Which of the following was not part of that message? A.

Joe Keho and Mike McLain share income on a 6:4 basis. They have capital balances of $90,000 and $70,000, respectively, when Linda Ronstadt is admitted to the partnership.

Suppose an initial investment of $100 will return $50/year for three years (assume the $50 is received each year at the end of the year). Is this a profitable investment if the discount rate is 20%