?Publications of the Federal Reserve Bank such as the economic review are available
A. ??to the public for free.
B. ?only to the President of the United States.
C. only to members of the Federal Reserve Bank.
D. to all individuals willing to pay a fixed annual subscription charge.
Answer: A
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Roberts Enterprises has budgeted sales in units for the next five months as follows: June4,500units??July7,100unitsAugust5,300unitsSeptember6,700unitsOctober3,700units?Past experience has shown that the ending inventory for each month must be equal to 10% of the next month's sales in units. The inventory on May 31 contained 410 units. The company needs to prepare a production budget for the second quarter of the year.?The desired ending inventory for August is:
A. 370 units B. 710 units C. 670 units D. 530 units
________________________________________ typically include accounts payable, accrued expenses, accrued taxes, deferred taxes, pension obligations and other retirement benefit obligations
Fill in the blank(s) with correct word
Calculate the contribution margin for August.
Windspring Spas, Inc. reports the following information for August:
A) $70,000
B) $630,000
C) $550,000
D) $700,000
Which of the following is/are not true?
a. U.S. GAAP and IFRS require firms to recognize the cost of retirement benefits (pensions, health care, life insurance) as an expense while employees work, not when they receive payments or other benefits during retirement. b. Employers often contribute cash to a trust, an entity legally separate from the employer, to fund their retirement obligations. c. The accounting records of the trust established to fund the retirement obligations are consolidated with the accounting records of the employer. d. Payments to employees come from both the employer's contributions and investment returns of the trust established to fund the retirement obligations. e. all of the above