Entrepreneurs are more wild risk takers than calculated risk takers

Green Services, Inc invests its excess cash in Creative Technologies, Inc and acquires 6,000 shares for $61

75 per share. Green Services, Inc owns less than 2% of Creative's voting stock and plans to hold the stock for two years. While preparing the journal entry to record this transaction, ________. A) Long-term Investments-Available-for-Sale is debited for $370,500 B) Long-term Investments-Held-to-Maturity is debited for $370,500 C) Long-term Investments-Trading Investments is credited for $370,500 D) Long-term Investments-Significant Interest Investments is debited for $370,500

Firms that do not export often:

A. face problems of currency conversion. B. lose out on significant opportunities for cost reduction. C. are able to reduce their unit costs. D. are not intimidated by the business practices of foreign countries. E. explore foreign markets to see where they can leverage their technology.