Both the Small Business Administration and the Department of Labor define a business as large if it has ______ or more employees.
a. 250
b. 500
c. 750
d. 1,000
b. 500
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What is the purpose(s) of the stock release document?
Youngstown Company sells merchandise with a one year warranty. Sales consisted of 2,500 units in 2013 and 2,000 units in 2014 . It is estimated that warranty repairs will average $10 per unit sold, and 30% of the repairs will be made in 2013 and 70% in 2014 for the 2013 sales. Similarly, 30% of repairs will be made in 2014 and 70% in 2015 for the 2014 sales. In the 2014 income statement, how much
of the warranty expense shown will be due to 2013 sales? a. $7,500 b. $17,500 c. $25,000 d. $0 e. $12,500
Which of the following need not appear as part of a voluntary bankruptcy petition?
A) A statement that the petitioner's debts exceed his assets B) A list of unsecured creditors C) A statement of the financial affairs of the petitioner D) A list of secured creditors E) A list of property
The following data has been collected about Keller Company's stockholders' equity accounts: Common stock $10 par value 20,000 sharesauthorized and 10,000 shares issued, 9,000 shares outstanding$100,000Paid-in capital in excess of par value, common stock50,000Retained earnings25,000Treasury stock11,500Assuming the treasury shares were all purchased at the same price, the cost per share of the treasury stock is:
A. $10.00. B. $1.15. C. $1.28. D. $11.50. E. $10.50.