All of the following events (transactions) would be identified from standard source documents except for
a. freight charges for merchandise purchased from suppliers.
b. the amount to be paid to settle a lawsuit for discrimination in hiring employees.
c. wages to be paid to hourly employees.
d. commissions earned by sales employees.
b
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In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income$52,000 Accounts payable decreased by 18,000 Accounts receivable increased by 25,000 Inventories increased by 5,000 Cash dividends paid 14,000 Depreciation expense 20,000 Net cash provided by operating activities was:
A. $120,000. B. $110,000. C. $71,000. D. $24,000. E. $70,000.
Pitt Jones Company, a manufacturer of small appliances, had the following activities, allocated costs, and allocation bases
Activities Allocated Costs Allocation Base Account inquiry (hours) $61,000 2,600 hours Account billing (lines) $32,000 18,000 lines Account verification (accounts) $16,000 24,000 accounts Correspondence (letters) $13,000 1,000 letters The above activities are carried out at two of its regional offices. Activities Northeast Office Midwest Office Account inquiry (hours) 120 hours 200 hours Account billing (lines) 10,000 lines 9,000 lines Account verification (accounts) 1,800 accounts 600 accounts Correspondence (letters) 70 letters 150 letters What is the cost per line for the account billing activity? (Round your answer to the nearest cent.) A) $1.78 B) $23.46 C) $3.39 D) $12.31
In decision trees, EMVs are calculated through a ____ process
a. "pay it forward" b. "going forward" c. "folding back" d. time value
A quantity index which is designed to measure changes in the physical volume of production levels of industrial goods over time is the
a. Quantity index. b. Producers index. c. Index of Industrial Production. d. Paasche index.