Korman Industries is a foreign multinational that recently established operations in the European Union. What is the most likely advantage for Korman as a result?
A) Governance processes are streamlined because local governments have been eliminated.
B) Market size is larger because of the elimination of internal tariff barriers.
C) Differential external tariff barriers exist for product shipments.
D) The EU uses English as its official language.
B
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Refer to the information above. Before the journal entry above, Wood had assets, liabilities, and owners' equity of $450,000, $100,000, and $350,000, respectively. What are total assets immediately after the above transaction occurs?
A. $221,000. B. $671,000. C. $735,500. D. $450,000.
In computing an expected value (EV), the weights are
a. decision alternative probabilities b. in pounds or some unit of weight c. in dollars or some units of currency d. the state-of-nature probabilities