The statute of limitations for EEOC violations does not begin to run until the employee ends his or her employment
Indicate whether the statement is true or false
False
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On January 1 . 2011, Mardi Gras Shipping bought a machine for $1,500,000 . At that time, this machine had an estimated useful life of six years, with no salvage value. As a result of additional information, Mardi Gras determined on January 1 . 2014, that the machine had an estimated useful life of eight years from the date it was acquired, with no salvage value. Accordingly, the appropriate
accounting change was made in 2014 . How much depreciation expense for this machine should Mardi Gras record for the year ended December 31 . 2014, assuming Mardi Gras uses the straight-line method of depreciation? a. $125,000 b. $150,000 c. $187,500 d. $250,000
Under FTC rules, a customer can cancel a door-to-door sales contract within
a. three business days of the sale. b. five business days of the sale. c. one calendar week from the date the sale was made. d. a "reasonable time" after the sale was made.
In the LMN partnership, Lynn's capital is $60,000, Marty's is $80,000, and Nancy's is $70,000. They share income in a 4:3:3 ratio, respectively. Nancy is retiring from the partnership. Each of the following questions is independent of the others.Refer to the above information. Nancy is paid $76,000, and all implied goodwill is recorded. What is the total amount of goodwill recorded?
A. $6,000 B. $20,000 C. $0 D. $14,000
What are the unit contribution margin and the contribution margin ratio? What do these measures reveal about a company's cost structure?
What will be an ideal response?