What happens during globalization? a. businesses are forced to change the type of accounting they use. b. governments change their tax rates to match the tax rates of other countries. c. companies outsource some or all of their production to other companies. d. local, regional, or national economies are connected through communication, business, and trade.

When marietta chooses to only purchase a combination of goods that lie within her budget line, she: is decreasing utility. is maximizing utility. likely has negative savings. must reduce the quantity?

How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.

Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.