Under the equal dignity rule, statutes and treaties with inconsistent provisions are resolved under the rule that the last in time prevails
Indicate whether the statement is true or false
True
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Prowse Corporation is an oil well service company that measures its output by the number of wells serviced. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. Fixed Element per Month Variable Element per Well ServicedRevenue $4,000Employee salaries and wages$43,800 $1,000Servicing materials $600Other expenses$38,200 ?A total of 42 wells were actually serviced during October.?The revenue in the company's flexible budget for October would have been closest to:
A. $168,000 B. $170,400 C. $148,000 D. $150,114
This question has two parts; be sure to answer both. First, explain at least one of Mary Parker Follett's ideas on how organizations should become more democratic. Next, suppose you work at an advertising agency as an account manager. You are responsible for keeping your clients (the advertisers) happy, but you do not do the creative work of designing the ads. Explain how you might manage a conflict with one of your most talented ad designers, who does not agree with the client's ideas and does not want to implement them.
What will be an ideal response?
A net loss is shown on the work sheet in the credit columns of both the Income Statement columns and the Balance Sheet columns
Indicate whether the statement is true or false
The two major forms of common-size analysis are horizontal analysis and vertical analysis. What type of information or insights can be obtained by using these two techniques of financial statement analysis? Explain how the output of horizontal analysis and vertical analysis can be compared to industry averages and/or competitive companies