Store policy that allows retail clerks to process sales returns for $300 or less, with a receipt dated within the past 60 days, is an example of

In the context of direct foreign investment, direct investors have the lowest potential reward and the lowest potential risk

Indicate whether the statement is true or false a. True b. False

Eatsy Corp owes Hardy, Inc, $30,000 on a note payable, plus $1,800 interest. Hardy agrees to accept 400 shares of Eatsy common stock in full settlement of the debt. Eatsy stock has a par value of $10 and a current market value of $70 per share. As a result of the debt restructuring, Eatsy Corp should record an

A) ordinary loss of $1,800. B) extraordinary gain of $1,800. C) ordinary gain of $3,800. D) extraordinary gain of $3,800.