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Austin Smith
Answers (6)
AS
Answered
Henri Company's inventory records show the following data: Units Unit Cost Inventory, January 1 10,000$9.20 Purchases: June 189,0008.00 November 8 6,0007.25\begin{array}{llrr}&&\text { Units }&\text { Unit Cost }\\\text { Inventory,}&\text { January 1 } & 10,000 & \$ 9.20 \\\text { Purchases: } & \text { June } 18 & 9,000 & 8.00 \\&\text { November 8 } & 6,000 & 7.25\end{array} Inventory, Purchases: January 1 June 18 November 8 Units 10,0009,0006,000 Unit Cost $9.208.007.25
A physical inventory on December 31 shows 3000 units on hand. Henri sells the units for $12 each. The company has an effective tax rate of 20%. Henri uses the periodic inventory method. What is the cost of goods available for sale?
A) $170700
B) $178500
C) $207500
D) $300000
A physical inventory on December 31 shows 3000 units on hand. Henri sells the units for $12 each. The company has an effective tax rate of 20%. Henri uses the periodic inventory method. What is the cost of goods available for sale?
A) $170700
B) $178500
C) $207500
D) $300000
On Jul 17, 2024
C
AS
Answered
Third-party intervention should be avoided
A) when passions are high.
B) when the parties are at an impasse on the issues.
C) when progress is occurring or is likely to occur.
D) when the parties are unable to move the process beyond a particular sticking point.
E) Third party intervention should be avoided in all of the above situations.
A) when passions are high.
B) when the parties are at an impasse on the issues.
C) when progress is occurring or is likely to occur.
D) when the parties are unable to move the process beyond a particular sticking point.
E) Third party intervention should be avoided in all of the above situations.
On Jul 16, 2024
C
AS
Answered
An administrative law judge does not have the power to rule on questions of evidence or to make determinations of fact.
On Jun 17, 2024
False
AS
Answered
Which statement reflects a violation of the Age Discrimination in Employment Act?
A) Older employees are permitted to work even after attaining the retirement age.
B) Employees over the age of 40 are forced to retire as part of a company's downsizing program.
C) A person is denied employment because of the fact that he is a minor.
D) Older workers in an organization are better compensated than the younger workers.
E) An employee chooses voluntary retirement before attaining the retirement age.
A) Older employees are permitted to work even after attaining the retirement age.
B) Employees over the age of 40 are forced to retire as part of a company's downsizing program.
C) A person is denied employment because of the fact that he is a minor.
D) Older workers in an organization are better compensated than the younger workers.
E) An employee chooses voluntary retirement before attaining the retirement age.
On Jun 16, 2024
B
AS
Answered
Sal Conelli is the president and sole stockholder of Salco,Inc. ,a corporation engaged in the wholesale food supply business.Conelli has custody of Salco's business records.A grand jury investigating possible criminal violations of health codes applicable to food products has served a subpoena demanding that certain Salco business records be made available.Conelli plans to resist the subpoena by arguing that compelling the production of the records would violate both his and Salco's Fifth Amendment privileges against self-incrimination.Should Conelli succeed with this argument? Explain your reasoning.
On May 18, 2024
Conelli should not succeed with this argument.Salco,Inc.is a corporation.It therefore does not have a Fifth Amendment privilege against self-incrimination.Conelli has no Fifth Amendment privilege to assert on these facts either.Because Salco has no privilege to prevent disclosure of the records,Conelli,as custodian of Salco records,cannot assert any personal privilege to prevent their disclosure even if the contents of the records would incriminate him personally.
AS
Answered
When preferred stock is cumulative preferred dividends not declared in a period are
A) considered a liability.
B) called dividends in arrears.
C) distributions of earnings.
D) never paid.
A) considered a liability.
B) called dividends in arrears.
C) distributions of earnings.
D) never paid.
On May 17, 2024
B