Given the following data, complete the table. There are 30 on hand. Order quantity is 60 units
Week 1 2 3 4
Forecast 20 30 50 20
Projected available
Scheduled receipts
A) There is a scheduled receipt in week 4.
B) The projected available in week 3 is 40.
C) The projected available in week 4 is 30.
D) A and B are true.
E) B and C are true.
C
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The Farley Company had retained earnings at the beginning of the year totaling $100,000 . At the end of the year retained earnings totaled $200,000 . Depreciation was $50,000 for the year and the company paid dividends of $150,000 . What is the amount recorded as Net Income in the operating activities section of the statement of cash flows prepared using the indirect method?
a. a net loss of $150,000 b. a net income of $150,000 c. a net income of $0 d. a net income of $250,000 e. a net loss of $50,000
Under the doctrine of strict liability, bystanders who are injured by a defective product are entitled to the same protection as the consumers or users
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. The sole purpose of the FDIC is to provide security in the banking system by insuring each depositor’s account for up to $100,000. 2. Any commercial bank that is a member of the Federal Reserve System must also subscribe to the FDIC. 3. The NCUA is similar to the FDIC in that it insures deposits in federally chartered credit unions. 4. Ever since the Great Depression, the trend in banking has been toward more and more federal regulation. 5. The Federal Reserve System was established by the National Banking Act of 1863.
Which item below is a nontaxable exclusion from gross income?
A) Municipal bond interest B) Interest on U.S. Series EE bonds C) Alimony received D) Bingo winnings