A provision in the tax law designed to encourage a specific economic behavior is a tax preference.

Answer the following statement true (T) or false (F)


True

Business

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Compute the accounting rate of return on the investment. Show your calculations and round to two decimal places.

Solutions Tool Co. is considering investing in specialized equipment costing $975,000. The equipment has a useful life of five years and a residual value of $75,000. Depreciation is calculated using the straight-line method. The expected net cash inflows from the investment are given below:



Business

To set x-bar chart upper and lower control limits, one must know the process central line, which is the:

A) average of the sample means. B) total number of defects in the population. C) percent defects in the population. D) size of the population. E) average range.

Business

Entry (4) in the T-account below represents raw materials requisitioned for use in production. Raw MaterialsBal.15,000(4)87,000(3)94,000  Bal.22,000  

Answer the following statement true (T) or false (F)

Business

Fifty-two year old Nicolas worked as an operations manager in Austell steel plant. The working conditions at Austell were quite hazardous and as a result, Nicolas was grievously injured while performing his job. Due to the key responsibilities associated with Nicolas' role, the employer asked him to step down from his position to be replaced by his thirty-eight year old team member. In this case,

the employer has the burden to prove that removal of Nicolas is:? A) ?in favor of company. B) ?based upon company policy. C) ?a reasonable factor other than age. D) ?lawful at the discretion of the organization.

Business