Jorge, a forklift operator for the retail chain Hansridges, was injured when the fork-lift he was operating toppled over
The forklift was manufactured and maintained by Ionic Machines Inc As he was covered by workers' compensation insurance, he could recover workers' compensation benefits. However, it was later found that the forklift was not designed to be used to lift as much weight as Ionic Machines claimed it could. Which of the following is Jorge entitled to?
A) sue Hansridges for injuries suffered during employment
B) sue Hansridges for a hazardous work environment
C) sue Ionic Machines for damages
D) not sue anyone as he has already received workers' compensation
C
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According to Robert Blake, the ______ is the most appropriate style to use in all situations.
a. authority-compliance management style b. middle-of-the-road management style c. country club management style d. team management style
If the amount assigned to ending inventory is incorrect, then:
A) the balance sheet is affected, but the income statement is not. B) the income statement is affected, but the balance sheet is not. C) the balance sheet is affected, but cost of goods sold is not. D) both the balance sheet and income statement are affected.
Shanika lives in Oregon which imposes a state tax on income. For 2018, Shanika had the following transactions related to her state income taxes: State taxes withheld in 2018$3,500State refund received in 2018 of 2017 tax 600Additional assessment paid in 2018 of 2016 tax 750Shanika plans to itemize on her 2018 return. What amount of state and local taxes should Shanika deduct in calculating itemized deductions for her 2018 federal income tax return?
A. $4,850. B. $3,500. C. $4,250. D. $750.
Adong's Fishing Products is analyzing the performance of its cash management. On average, the firm holds inventory for 65 days, pays its suppliers in 35 days, and collects its receivables in 15 days
The firm has a current annual outlay of $1,960,000 on operating cycle investments. Adong currently pays 10 percent for its financing. (Assume a 360-day year.) (a) Calculate the firm's cash conversion cycle. (b) Calculate the firm's operating cycle. (c) Calculate the daily expenditure and the firm's annual savings if the operating cycle is reduced by 15 days.