The Regulatory Flexibility Act:
A) created the process of hybrid rule making
B) requires publication of rule notices in trade magazines.
C) requires a six-month comment period in formal rule making.
D) allows regulators to promulgate rules without prior notice.
B
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Return on equity is calculated by:
A. subtracting liabilities from assets. B. adding the book value and the market price of a stock. C. dividing net income by shareholders’ equity. D. multiplying assets by a selected number. E. deducting taxes from dividends.
In studies of equity theory, it has become fairly clear that the preference for equity in reward allocation is related to the extent of ______ in society
A. inputs B. outcomes C. leadership D. power distance
Where a partner who erroneously believed she was a limited partner dealt with a third party
who believed in good faith that she was a general partner, the partner will be treated as a general partner. Indicate whether the statement is true or false
The following is a summary of information presented on the financial statements of a company on December 31, 2017
Account 2017 2016 Current Assets $85,000 $75,000 Accounts Receivable 65,000 69,000 Merchandise Inventory 66,000 59,000 Current Liabilities 56,000 48,000 Long-term Liabilities 40,000 45,000 Common Stock 75,000 60,000 Retained Earnings 65,000 46,000 With respect to long-term liabilities, a horizontal analysis reveals ________. A) long-term liabilities decreased by $15,000 B) long-term liabilities decreased by 25.00% C) long-term liabilities decreased by 11.11% D) long-term liabilities decreased by $8,000