An ad for Lay's Potato Chips reads, "Betcha can't eat just one." This is an example of a command headline.
Answer the following statement true (T) or false (F)
False
Command headlines order the reader to do something, which this headline does not do. This headline could be considered a provocative headline because it stimulates thought.
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Which of the following internal control activities could best prevent direct labor from being charged to manufacturing overhead?
A. Reconciliation of the unfinished job summary and production cost records. B. Comparison of period costs budgets and time sheets. C. Comparison of daily journal entries with the factory labor summary. D. Reconciliation of work in process inventory with cost records.
Discuss how to develop the body of the routine requests and the benefits of a well-developed message
What will be an ideal response?
The total column of the Partners' Capital Statement for DeltaBell Company is as follows:
Capital, January 1................................................... $600,000 Additional investment.............................................. 240,000 Drawings................................................................. 360,000 Net income............................................................. 720,000 The partnership has three partners. The first two partners have ending capital balances that are equal. The ending balance of the third partner is half of the ending balance of the first partner. What is the ending capital balance of the third partner? a. $288,000 b. $192,000 c. $240,000 d. $264,000
LLL Company reported the following items on its 2019 financial statements:
a. Determine LLL's rate of return on total assets for 2019. Round final answer to two decimal places. Label your work and show computations.
b. What does the rate of return on total assets mean? Discuss your findings for LLL.