Which GATT Round led to the creation of the WTO?
A) Doha
B) Geneva
C) Uruguay
D) Kennedy
C
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When assessing the additional risk that can occur from investing abroad firms may choose to account for risk via:
A) adjusting the cash flows. B) adjusting the discount rates. C) adjusting both cash flows and discount rates. D) adjusting all of the above.
Anew Health Care Company reports net income of $190,000 and Depreciation Expense of $25,000 for the year ending December 31, 2017. No long-term assets were sold or exchanged during 2017. They also have the following data available:
December 31, 2017 December 31, 2016 Current Assets: Cash $29,000 $84,000 Accounts Receivable $159,000 104,000 Inventory $95,000 70,000 Total Current Assets $283,000 $258,000 Current Liabilities: Accounts Payable $49,000 $39,000 Salaries Payable 40,000 87,000 Total Current Liabilities $89,000 $126,000 Using the indirect method, what is the net cash provided (or used) from operating activities for the year ending December 31, 2017? A) $48,000 B) $98,000 C) $123,000 D) $190,000