Commercial paper offers which of the following advantages to the issuer?
A) It may be issued below the prime rate.
B) It requires no compensating balances.
C) It is secured by corporate assets to protect the buyer.
D) It may be issued below the prime rate and requires no compensating balances.
D) It may be issued below the prime rate and requires no compensating balances.
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Answer the following statements true (T) or false (F)
1. The need for affiliation within McClelland’s acquired needs theory is the desire to control and influence the behavior of others. 2. Of the six behaviors stated in the textbook that change perceived inequity, an attempt to change outcomes means that employees might try to get better outcomes for their efforts. 3. Procedural justice is the degree to which people perceive outcomes to be fairly allocated. 4. People may be more motivated to work hard when they perceive their treatment as being unfair, but demotivated if they consider their treatment to be fair. 5. Employees who set goals in participation with their managers will have higher levels of performance and be more motivated to achieve the objectives.
For each of the following items, relating to the adjustments made to reconcile net income to net cash provided by operating activities section, state whether the adjustment is an increase or decrease to net income.
Under the common law as well as most statutes, __________ is larceny with the additional elements that (1) the property is taken from the victim or in the immediate presence of the victim, and (2) it is accomplished through either force or threat of force
a. burglary b. extortion c. bribery d. robbery
Basil Manufacturing uses a weighted-average process-costing system. The following figures pertain to July:?Physical unitsEquivalent unitsMaterialsEquivalent units ConversionUnits completed120,000120,000120,000Ending work in process40,00040,00018,000All materials are introduced at the start of the process, and conversion cost is incurred evenly throughout production. The company used direct materials that cost $640,000; conversion amounted to $8 per equivalent unit.Required:A. Calculate the direct materials cost per equivalent unit.B. Calculate the cost of units completed and transferred.C. What percentage of conversion work will be performed on the 40,000-unit ending work-in-process inventory during August?D. In all likelihood, were all of the 120,000 completed units begun in July?
Explain. What will be an ideal response?