Kingston Company settled a long-term note payable it owed to Creative Company by issuing capital stock. Kingston would report this
A) only as a cash outflow from financing activity for the payment of the debt.
B) only as a cash inflow from financing activity for the issuance of the capital stock.
C) in the schedule of noncash investing and financing transactions.
D) as both a cash flow from investing activity and a cash flow from financing activity.
C
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A weekly payroll summary made from labor time records shows the following data for TMC Company: Employee Classification Marital Status Hourly Rate Regular Hours Overtime Hours C. Collier Direct Married $15 40 2 S. Brown Direct Single $13 40 6 E. Anglin Direct Single $15 40 R. Kues Indirect Married $12 40 3 A. Studer Indirect Married $16 38 Other information:
a. Overtime is payable at one-and-a-half times the regular rate of pay for an employee and is distributed to all jobs worked on during the period. b. Income taxes withheld (FIT) are $50 for employees with $610 or more of gross income in the period and $40 for those who earn less. c. Each married employee contributes $60 for health insurance; single employees contribute $30. d. FICA taxes are 8% on the first $100,00 . of gross pay; FUTA and SUTA are 1% and 4%, respectively, on the first $8,00 . of gross pay. Since this is January, none of the employees have reached the limitations. Required: 1 . Determine the net pay of each employee. 2 . Prepare the journal entries for the following: a. Recording the payroll. b. Paying the payroll. c. Distributing the payroll.
To develop spatial maps by means of discriminant analysis, the independent variable is the brand rated and the dependent variables are the attribute ratings
Indicate whether the statement is true or false
What accesses organizational databases that track similar issues or questions and automatically generates the details to the CSR, who can then relay them to the customer?
A. Contact center B. Web-based self-service C. Call scripting D. Website personalization
Manager Reggie comes from a culture with a high performance orientation so he is likely to reward group members who
A) have well-developed outside interests. B) share credit for their accomplishments with the work group. C) improve their performance and are excellent performers. D) know how to make him feel like an important manager.