Which is not part of the National Reporter System?

A) Federal Supplement
B) Pacific Reporter
C) State supreme court decisions
D) Both a and c


A

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Seth and Beth have original investments of $50,000 and $100,000 respectively in a partnership. The articles of partnership include the following provisions regarding the division of net income: interest on original investment at 10%; salary allowances of $27,000 and $18,000, respectively; and the remainder to be divided equally. How much of the net income of $42,000 is allocated to Seth?

a. $20,000 b. $23,000 c. $32,000 d. $0

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When analyzing foreign statements, all of the following are accurate positions of non-current liabilities listings except:

a. After total equity b. Before current liabilities c. After share capital d. After current liabilities

Business

A company has established 5 pounds of Material J at $2 per pound as the standard for the material in its Product Z. The company has just produced 1,000 units of this product, using 5,200 pounds of Material J that cost $9,880. The direct materials quantity variance is:

A. $400 unfavorable. B. $400 favorable. C. $120 favorable. D. $520 favorable. E. $520 unfavorable.

Business

In order to have a harmonious organizational environment, one must ______.

A. understand the differences and similarities between workers B. only focus on the things that make us different from one another C. take many different diversity classes D. focus on self-leadership

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