International Business: The Challenges of Globalization (8th Edition)
8th Edition
ISBN: 9780133866247
Author: John J. Wild, Kenneth L. Wild
Publisher: PEARSON
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Chapter 15, Problem 4TAI2
Summary Introduction
Case summary:
The world’s leading computer software companies have their home in the United States and most of these frequently outsource software development in other countries. This includes Egypt, India, Ireland, Israel, Malaysia and many more.
Adequate information:
The home for most of the software companies is company X. and most of these companies give software to other companies.
To Determine:
Development of the industry in these countries is a threat to companies in the United States
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Gale Corporation owns 15% of the common stock of Troy Enterprises and uses the fair-value method to account for this investment. Troy reported net income of $140,000 for 2022 and paid dividends of $80,000 on November 1, 2022. How much income should Gale recognize on this investment in 2022? a. $21,000 b. $12,000 c. $33,000 d. $9,500 e. $60,000Answer this question
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International Business: The Challenges of Globalization (8th Edition)
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