Answer: True
Explanation:
The above statement is true. It should be noted that companies or organizations that contract manufacturing abroad are usually being subject to watchdog groups and also, they're expected to be socially responsible when they partner with the low cost labor manufacturers that are based abroad. The companies also make ethical decisions.
Therefore, the statement is true.
Answer:
The correct answer is Option B.
Explanation:
Stockholders' equity comprises retained earnings, common stock and premium on common stock. Retained earnings are an accumulation of net income or loss over years. The effects of the transactions in Year 1 are as follows:
1) Acquired $1,050 cash from the issue of common stock - increase common stock and cash by $1,050
2) Borrowed $520 from a bank - this increases Cash and Liabilities by $520 - nil effect on stockholders' equity
3) Earned $750 of revenues - this increases net income/Retained Earnings by $750
4) Paid expenses of $270 - reduction in net income/Retained Earnings by $270
5) Paid a $70 dividend - reduces Retained Earnings by $70
Overall, stockholders' equity = $1,050 + $750 - $270 - $70 = $1,460
Answer: Leadership
Explanation: Since Courtney is the finance head of a company, the first step she took is observing clearly the situation that has been going on. Once she comes to certain conclusions, she makes a second step which is canceling projects that might not work and could put the company at risk. Instead, she is focusing on other projects that are more likely to benefit the company.