What accounts for the problems facing China's four largest banks?
A) Large loans to inefficient, state-owned enterprises
B) Closing of unprofitable branches and laying off unproductive employees
C) Selling shares in the bank overseas to raise capital
D) All of the above
A
Business
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Global World Inc. sells its product at $2,000 per unit. In the current period, 500 units were sold (of which 100 units were sold for cash). What is the amount of revenue reported by the company for the period?
a. $1,200,000 b. $200,000 c. $1,000,000 d. $600,000 e. $800,000
Business
Disaster recovery planning is typically part of the IS operations budget
Indicate whether the statement is true or false
Business