Explain how DNA testing is useful in some areas
DNA samples could be useful in a number of areas, as a reliable method of identifying people. The military, as an employer, takes DNA samples of all personnel to use in identifying remains. The states and the federal government have passed laws setting up DNA databases to use in solving crimes. All states and the federal government require at least some convicted felons to submit DNA samples to their databases. The federal government has the authority to take DNA samples from some persons merely arrested or detained. The courts have almost uniformly upheld the legality of requiring DNA samples from criminals. Many employers who need to be sure their employees are law abiding, such as those providing security services or dealing with large sums of cash, might want to have prospective employees provide a DNA sample to make sure they are not convicted felons. Just as the military wants to have DNA samples to help in identifying remains, employers of employees involved in hazardous occupations, such as firefighters, pilots, and demolition workers, would have an interest in having DNA samples for identification purposes.
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Describe the functional organization of a marketing department in terms of its structure, advantages, and disadvantages
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On a work sheet, the balance of Retained Earnings is its ending amount for the period
Indicate whether the statement is true or false
Dahn Corporation has provided the following financial data:Balance SheetDecember 31, Year 2 and Year 1AssetsYear 2Year 1Current assets: Cash$227,000 $150,000 Accounts receivable, net 134,000 130,000 Inventory 150,000 130,000 Prepaid expenses 83,000 80,000 Total current assets 594,000 490,000 Plant & equipment, net 769,000 840,000 Total assets$ 1,363,000 $ 1,330,000 Liabilities and Stockholders' Equity Current liabilities: Accounts payable$200,000 $180,000 Accrued liabilities 63,000 70,000 Notes payable, short term 71,000 60,000 Total current liabilities 334,000 310,000 Bonds payable 290,000 290,000 Total liabilities 624,000 600,000 Stockholders'
equity: Common stock, $5 par value 400,000 400,000 Additional paid-in capital 50,000 50,000 Retained earnings 289,000 280,000 Total stockholders' equity 739,000 730,000 Total liabilities & stockholders' equity$ 1,363,000 $ 1,330,000 Income StatementFor the Year Ended December 31, Year 2Sales (all on account)$1,370,000 Cost of goods sold 850,000 Gross margin 520,000 Operating expenses 482,692 Net operating income 37,308 Interest expense 21,000 Net income before taxes 16,308 Income taxes (35%) 5,708 Net income$ 10,600 Dividends on common stock during Year 2 totaled $1,600. The market price of common stock at the end of Year 2 was $2.37 per share.The company's average sale period for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.) A. 60.1 days B. 40.0 days C. 226.5 days D. 64.4 days
Describe and illustrate the four major categories of consumer products.
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