Misrepresentation can occur by words or actions, but not by silence
Indicate whether the statement is true or false
F
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The entry to record periodic depreciation of $4,500 on office facilities is as follows:
a. Depreciation (or Administrative) Expense . . . . . . . . . . . . . . . . 4,500 Accumulated Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,500 b. Accumulated Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,500 Depreciation (or Administrative) Expense . . . . . . . . . . . . . . . . . . . . . . 4,500 c. Depreciation (or Administrative) Expense . . . . . . . . . . . . . . . . 4,500 Office Facilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,500 d. Office Facilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,500 Depreciation (or Administrative) Expense . . . . . . . . . . . . . . . . . . . . . . 4,500 e. none of the above
The XYZ manufacturing company produces ball bearings. The annual fixed cost is $20,000 and the variable cost per ball bearing is $3. The price is related to demand according to the following equation:
v = 1000 - 8p. What is the optimal price of the ball bearings that will maximize the profit? A) $47.99 B) $53.99 C) $58.99 D) $63.99
Comprehensive Form (HO-5 ) provides all risks coverage on both the dwelling and personal property
Indicate whether the statement is true or false
The trade union members of a wool manufacturing company are the company's _____.
A. middlemen B. shop stewards C. philanthropists D. stakeholders