Misperceptions occur when doing business in other country
Imagine yourself as an employee of a company doing business in another country. Consider some of the misperceptions that could occur, from awkward language translations to colliding customs.
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Hayes Inc has current assets of $7500, net fixed assets of $28,900, current liabilities of $5,900 and long term debt of $18,700. What is the value of the shareholders equity account for this firm? How much is net working capital?
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Today, the market interest rate on these bonds has dropped to 6%. What is the new price of the bonds, given that they now have 19 years to maturity?
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Present the balance sheet in common-size form. (Round your answers to 1 decimal place. Leave no cells blank - be certain to enter "0" wherever required. Due to rounding, figures may not fully reconcile down a column.)
Prepare the journal entry to eliminate the over- or underapplied overhead assuming that it is not material in amount. (show calculation)
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