Lacourse Incorporated's inspection costs are listed below: Management believes that inspection cost is a mixed cost that depends on units produced.Using the least-squares regression method, the estimate of the variable component of inspection cost per unit produced is closest to:

A) $10.19
B) $15.16
C) $10.29
D) $9.58

As a general rule,parents are liable for contracts entered into by their minor children.

What happens if a third-party gives proper notification to an agent with apparent authority to receive it?

A) The principal is bound only if the agent had express authority to receive notification.
B) The principal is bound based on the doctrine of third party estoppel.
C) The principal is bound as if the notification had been given directly to him.
D) The principal is not bound unless it is proven the agent transmitted the notification.

Comparative balance sheets and the income statements for Ellis Corporation are presented below: The following additional information is available for the year:
* During the year, the company sold long-term investments for $35,500 that had been purchased for $38,000.
* The company did not sell any property, plant, and equipment during the year or repurchase any of its own common stock.
* All sales were on credit.
* The company paid a cash dividend of $25,000.
* The company paid cash to retire $15,000 of bonds payable.
Required:
a.Using the indirect method, determine the net cash provided by (used in)operating activities.
b.Using the direct method, determine the net cash provided by (used in)operating activities.
c.Using the net cash provided by (used in)operating activities amount from either part a or b, prepare a statement of cash flows.

The sources of job satisfaction tend to be universal.

The percentage of our population below the poverty line is about _______%.