We often use ______ communication when we want to communicate clearly.
a. verbal
b. nonverbal
c. personal
d. relational
a. verbal
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All tasks should be labeled as high priority.
Answer the following statement true (T) or false (F)
A textile company invests $10 million in an open-end spinning machine. This was depreciated using the seven-year MACRS schedule shown above. If the company sold it immediately after the end of year 3 for $7 million,
what would be the after-tax cash flow from the sale of this asset, given a tax rate of 40%? A) $1,550,400 B) $3,124,000 C) $3,876,000 D) $5,449,600
On January 1, 2017, Cale Corp. paid $1,020,000 to acquire Kaltop Co. Kaltop maintained separate incorporation. Cale used the equity method to account for the investment. The following information is available for Kaltop's assets, liabilities, and stockholders' equity accounts on January 1, 2017: BookValuesFairValuesCurrent assets$120,000 $120,000 Land 72,000 192,000 Building (twenty year life) 240,000 268,000 Equipment (ten year life) 540,000 516,000 Current liabilities 24,000 24,000 Long-term liabilities 120,000 210,000 Common stock 228,000 Additional paid-in capital 384,000 Retained earnings 216,000 ??Kaltop earned net income for 2017 of $126,000 and paid dividends of $48,000 during the year. ?In Cale's accounting records, what
amount would appear on December 31, 2017 for equity in subsidiary earnings? A. $77,000. B. $79,000. C. $81,800. D. $127,000. E. $125,000.
In the Excel, or spreadsheet, approach to recording financial transactions, work in process that has been completed is recorded as a decrease in the Work in Process column and as an increase in the Cost of Goods Sold column.
Answer the following statement true (T) or false (F)