Based on your understanding of the different items reported in the balance sheet and the information they provide, which statement regarding cold goose metal works inc.’s balance sheet is consistent with u. s. generally accepted accounting principles (gaap)?

What does a most-favored-nation (mfn) status mean? a country pays the same tariffs as those paid by all mfn countries. a country has a special exemption from all tariffs in the united states. a country has special licensing agreements with u.s. corporations. a country is exempt from product standards that make it expensive for goods to be imported.