Darden Company has cash of $34,000, accounts receivable of $44,000, inventory of $23,000, and equipment of $64,000. Assuming current liabilities of $31,000, this company's working capital is:
A. $13,000.
B. $47,000.
C. $70,000.
D. $100,000.
Answer: C
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__________ uses a set of technologies, policies, and procedures that allow colleagues to find and share information throughout an organization.
Fill in the blank(s) with correct word
Geo Global Corporation, a U.S. firm, requires its employee Marcy to stay connected with work after office hours through a smartphone. In the United States, Marcy and other employees who are required to use mobile devices after work may have a valid claim to overtime wages if they
a. are not exempt under the overtime regulations of the Fair Labor Standards Act. b. are not reimbursed by their employers for the use. c. are supplied with the devices by their employers. d. do business with international contacts.
Outreach Security & Rescue, LLC, is a limited liability company. Unless the members have agreed otherwise, participants in the firm's management will be considered to include A) all members
B) no member. C) one member. D) one non-member manager.
Quinton Company has set the following standards for one unit of product: Direct materialQuantity: 6.2 pounds per unitPrice per pound: $11 per poundDirect laborQuantity: 6 hours per unitRate per hour: $23 per hourActual costs incurred in the production of 2,800 units were as follows: Direct material: $194,350 ($11.50 per pound) Direct labor: $393,750 ($22.50 per hour) All materials purchased were consumed during the period.Required: Calculate the direct-material price and quantity variances, and the direct-labor rate and efficiency variances. Indicate whether each variance is favorable or unfavorable.
What will be an ideal response?