Social Security benefits are payable to
a. retired persons.
b. spouses of deceased persons.
c. minor children of deceased parents.
d. all of these.
D
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Body language is also known as:
A) Paralinguistics B) Occulesics C) Linguistics D) Kinesics
________ is the difference between the left- and right-hand sides of a greater than or equal to constraint
Fill in the blank with correct word.
A basic principle of internal control over cash receipts is that the deposit of the cash and the recording of the receipts into the journal should be separated
Indicate whether the statement is true or false
Osgood Company provided the following income statement for Year 1 and Year 2:?Year 2Year 1Sales$ 220,000$ 160,000Cost of goods sold___156,000__105,000Gross margin64,00055,000Less operating expenses:?? Selling and administrative expenses26,00015,000 Interest expense_____2,000____3,000Income before tax36,00037,000Income tax expense____10,800___11,100Net income$ 25,200$ 25,900Required:(a) Perform vertical analysis on Osgood's income statements for Year 1 and Year 2. Round your answer to one decimal place (i.e. 22.4%)(b) Comment on the results, comparing Year 1 to Year 2.
What will be an ideal response?