In the cell pictured, there is no net movement of water. The amount leaving the cell and entering the cell is the same. In what type of environment is this cell found?
A. isotonic
B. hypertonic
C. hypotonic
D. None of the above.
Answer: A
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Porter Corporation purchases 60 percent of the voting stock of Ritz Corporation for $48,000 . Ritz has common stock of $25,000 and retained earnings of $35,000 . Based solely on the above facts, the consolidated balance sheet would include
a. goodwill of $4,200. b. investment in Ritz of $48,000. c. minority interest of $36,000. d. minority interest of $24,000.
An employee receives an hourly rate of $40, with time and a half for all hours worked in excess of 40 during a week. Payroll data for the current week are as follows: hours worked, 46; federal income tax withheld, $350; cumulative earnings for year prior to current week, $99,700; social security tax rate, 6.0% on maximum of $100,000; and Medicare tax rate, 1.5% on all earnings. What is the gross
pay for the employee? A) $775.00 B) $1,840.00 C) $1,960.00 D) $1,562.60
A postponement strategy ______.
a. refers to delaying the final assembly of the product until more accurate demand information becomes available b. is a way to delay consumption c. is an attempt to avoid seasonal fluctuations in demand d. is an attempt to avoid seasonal fluctuations in supply
Moskowitz Corporation has provided the following data for its two most recent years of operation: Selling price per unit$91 Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$13Direct labor$7Variable manufacturing overhead$3Fixed manufacturing overhead per year$480,000Selling and administrative expenses: Variable selling and administrative expense per unit sold$6Fixed selling and administrative expense per year$84,000 Year 1Year 2Units in beginning inventory03,000Units produced during the year12,00010,000Units sold during the year9,00010,000Units in ending inventory3,0003,000The unit product cost under absorption costing in Year 2 is closest to:
A. $77.00 B. $48.00 C. $71.00 D. $23.00