The main benefit of a global strategy is that it allows companies to monitor buyer preferences closely in each local market

A stock paying $4.80 in annual dividends sells now for $79.60 and has an expected return of 15%. What might investors expect to pay for the stock 1 year from now?

a. $82.74 b. $87.74 c. $86.74 d. $91.54

The following are steps to the accounting cycle. Of the following, which step should be done first?

A) Closing entries are journalized and posted to the ledger. B) Transactions are posted to the ledger. C) Adjusting entries are journalized and posted to the ledger. D) Financial statements are prepared.