During the late 1980s and early 1990s, many of the world's nation-states moved away from:
A. democratically elected governments.
B. free market capitalism.
C. individualism.
D. political and civil freedoms.
E. totalitarian governments.
E
During the late 1980s and early 1990s, a wave of democratic revolutions swept the world. Totalitarian governments collapsed and were replaced by democratically elected governments that were typically more committed to free market capitalism than their predecessors had been.
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Up-a-Creek, Inc., needed some long-term financing and arranged for a 6-year, $60,000, 12% mortgage loan on January 1, Year 1. Annual payments of $14,594 will be made on December 31 each year. For each item, select the amount as of or for the Year Ended December 31, Year 1, in the column of the one financial statement where each amount is found. What is Interest Expense?
A. $(14,594); Statement of Cash Flows (financing activities section) B. $(7,200); Income Statement C. $52,606; Balance Sheet D. $(7,200); Statement of Cash Flows (operating activities section) E. $45,406; Balance Sheet F. $(7,394); Statement of Cash Flows (financing activities section) G. $60,000; Balance Sheet H. $(7,394); Income Statement I. $(14,594); Income Statement
Learning curves (or experience curves) were first applied to industry by ________ who was studying ________
A) Frank Lloyd Wright; architecture B) Frank Gilbreth; worker efficiency C) T. P. Wright; air frame manufacture D) Lilian Gilbreth; factory efficiency E) Frederick W. Taylor; scientific management