Which of the following is the most likely result of regulations and restrictions enforced by a firm's home government that prove to be expensive for the firm's operations?

A) the firm searches for less restrictive operating environments overseas
B) the firm responds to customers' demands more promptly
C) the firm becomes entangled in lengthy litigation
D) the firm expands its domestic operations

A

Business

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On January 1, Springfield Corp, accepted a one-year note for $5,000 at 4% from one of its customers

When the note matured on December 31, the customer was unable to pay, and the company treated it as a dishonored note. Prepare the journal entry that Springfield will make to record the dishonored note. What will be an ideal response

Business

Changing pricing policies will lead to direct cost implications immediately

Indicate whether the statement is true or false

Business