Midas touch, a venture capital firm, has the opportunity to invest in one of two firms that are in the process of globalizing. coolco, an air-conditioner manufacturer, faces intense pressure from its home market. barker, a dog-toy manufacturer, has encountered little competition in its country of origin. in which company should midas touch invest?
coolco, because air conditioners cost more to ship than dog toys do
coolco, because firms that face stiff competition at home tend to do better abroad
barker, because firms that face little or no competition at home tend to do better abroad
barker, because dog toys cost less to ship than air conditioners do

For each separate case below, follow the 3-step process for adjusting the prepaid asset account at december 31. step 1: determine what the current account balance equals. step 2: determine what the current account balance should equal. step 3: record the december 31 adjusting entry to get from step 1 to step 2. assume no other adjusting entries are made during the year. a. prepaid insurance. the prepaid insurance account has a $4,700 debit balance to start the year. a re- view of insurance policies and payments shows that $900 of unexpired insurance remains at year-end. b. prepaid insurance. the prepaid insurance account has a $5,890 debit balance at the start of the year. a review of insurance policies and payments shows $1,040 of insurance has expired by year-end. c.prepaidrent.onseptember1ofthecurrentyear,thecompanyprepaid$24,000 for 2 years of rentfor facilities being occupied that day. the company debited prepaid rent and credited cash for $24,000.

What is the difference between secure bonds and naked bonds?

Gus needs to purée his soup while it's still in the pot. what is the best tool for him to use? a. potato masher b. immersion blender c. rotary mixer d. whisk