With respect to liability for improper dividends, a non-breaching director and an innocent shareholder are both protected from liability due to their good faith
Indicate whether the statement is true or false
True
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In ______ error, the rater evaluates everyone or nearly everyone as below average.
A. severity or strictness B. halo C. leniency D. central tendency
Galveston Excursons Corporation is considering the purchase of a new ocean-going vessel that could potentially reduce labor costs of its operation by a considerable margin. The new ship would cost $600,000 and would be fully depreciated by the straight-line method over 15 years. At the end of 15 years, the ship will have no value and will be scuttled. Galveston Excursons' cost of capital is 14
percent, and its marginal tax rate is 35 percent. Refer to Galveston Excursons Corporation. What is the present value of the depreciation tax benefit of the new ship? (Round to the nearest dollar.) Present value tables or a financial calculator are required. a. $ 85,991 b. $159,697 c. $210,000 d. $245,688
Jade has a high need for relatedness, as that need is described by ERG theory. Which of the following actions by her boss is most likely to motivate Jade?
a. provide free lunch once a week b. grant Jade’s request to stay with her current team rather than be transferred c. give Jade an award and cash bonus for achieving the highest sales this quarter d. promote Jade to a management position in Europe
For each of the following transactions, identify the effects as reflected in the accounting equation. Use "+" to indicate an increase and "-" to indicate a decrease. Use "A", "L", and "E" to indicate assets, liabilities, and equity, respectively. Part A has been completed as an example.a.L. Chester invested $100,000 in exchange for common stock.?+A?+Eb.Land was purchased for $50,000.A down payment of $15,000 cash was made and a note was signed for the balance.????c.Services were rendered to customers for cash.????d.A building was purchased for cash.????e.Supplies were purchased for cash.????f.Paid the office secretary's salary.????g.The amount owed on the land from Part (b) was paid.????
What will be an ideal response?