Since customers are invited to be on business property, the owners have a duty to make the property safe from falls
a. True
b. False
Indicate whether the statement is true or false
True
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Under the Alternative Fines Act, fines imposed on individuals may not be paid by their employer or principal
Indicate whether the statement is true or false
Andrew is in his first week on the job in the accounting department at XYZ Corporation. He graduated from college six months ago, with a degree in accounting. Before getting his current position, he had been working as a waiter in a restaurant to earn money, while he searched for a position in accounting. According to the path-goal approach, the most appropriate leader style to use would be ______.
a. directive b. supportive c. participative d. achievement-oriented
Tower Company owns 85% of Hill Company. The two companies engaged in several intra-entity transactions. There were no excess fair-value amortization amounts to account for. Each company's income before income tax and dividend income for the current time period follow, as well as the effects of intra-entity gross profits on remaining inventory which are included in the separate net income amounts. No income tax accruals have been recognized within these totals. The tax rate for each company is 30%. Tower CompanyHill CompanySeparate income before income tax (excluding equity or dividend income from Hill)$200,000$80,000Intra-entity gross profit on remaining inventory (included in income above)25,00010,000Dividend income from Hill10,200 Dividends declared15,00012,000?Using the percentage
allocation method for assigning income tax expense, the income tax expense assigned to Hill is closest to: A. $0. B. $21,000. C. $17,400. D. $24,000. E. $20,400.
For work done during August, Printing Press Company incurred direct materials costs of $139,000 and conversion costs of $260,000 . The company employs a just-in-time operating philosophy and backflush costing. At the end of August, it was determined that the Work in Process Inventory account had been assigned $1,080 of costs, and the ending balance of the Finished Goods Inventory account was
$1,220 . There were no beginning inventory balances. What was the ending balance of the Cost of Goods Sold account for August? a. $396,700 b. $397,780 c. $397,920 d. $399,000