A company's book value is determined by dividing its earnings by the number of shares of common stock outstanding

Indicate whether the statement is true or false


FALSE

Business

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How have consumers benefited from market demassification?

What will be an ideal response?

Business

Answer the following statements true (T) or false (F)

1. All transactions are recorded in either one of the special journals or in the general journal, but not both. 2. Because companies use special journals, the use of the General Journal is optional. 3. Hardware is electronic equipment that includes computers, monitors, printers, and the network that connects them. 4. In a networked system, the server stores the program and the data.

Business

Maria's Custom Tailoring is very labor intensive. Therefore, Maria has decided to use direct labor hours as the cost driver for assigning overhead costs to specific jobs. During the month of February, the company incurred overhead costs of $4,800. Total direct labor hours during the month totaled 1,200. Out of a total of 45 different jobs worked on during the month, Job #115 required 16 direct

labor hours to complete and Job #195 required 15 direct labor hours. The total amount of overhead allocated to these two jobs is: A) $124.00 B) $187.50 C) $137.50 D) $ 31.00

Business

Chaz works for Bridge Builders, Inc While working on a Bridge Builders project, Chaz is injured. Under state workers' compensation laws, Chaz will be compensated only if his injury was A) incidental

B) material. C) accidental. D) intentional.

Business