The maximum penalty under the civil reviewable matters section of the Competition Act is and AMP of up to $10 million and a jail term of 14 years
Indicate whether the statement is true or false
FALSE
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Under the periodic inventory system, a physical inventory must be taken at the end of the period to determine cost of goods sold
a. True b. False Indicate whether the statement is true or false
External validity refers to whether the manipulation of the independent variables or treatments actually caused the observed effects on the dependent variables
Indicate whether the statement is true or false
All of the following are causes of escalation of commitment EXCEPT ______.
A. risky shift B. want to justify earlier choices C. overconfidence D. lack of confidence
As of December 31, 2013, Desert Junction Corporation had the following account balances: Cash: $100,000 Accounts Receivable: $27,000 Merchandise Inventory: $35,000 Property, Plant, & Equipment: $150,000 Accounts Payable: $42,000 Long-Term Notes Payable: $122,000 Common Stock: $110,000 Retained Earnings: $38,000 Net Sales totaled $350,000, Cost of Goods Sold was
$180,000, total Operating Expenses were $73,000 and Income Taxes Expense were $27,000 for that same year. On December 31, 2012, total assets were $336,000 and total liabilities were $154,000 . ??Desert Junction's return on assets for 2013 is: a. 1.042. b. 1.080. c. 0.244. d. 0.216.