The emotion of ______ is evident in facial expressions that include a brow lowered (sometimes drawn inward), inside corners of eyelid raised, and corners of the mouth pulled down.
A. sadness
B. anger
C. happiness
D. fear
A. sadness
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Presented below are selected data from the financial statements of Wizard Corp 2017 2016 Net income $150,000 $120,000 Cash dividends paid on preferred stock $15,000 $15,000 Cash dividends paid on common stock $42,000 $38,000 Weighted average number of preferred shares outstanding 20,000 20,000 Weighted average number of common shares outstanding 105,000 95,000 Earnings per share is reported on
the 2017 income statement as a. $1.08 b. $1.20 c. $1.29 d. $1.43
Weirick, Inc., manufactures and sells two products: Product T8 and Product P4. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: EstimatedExpected ActivityActivity Cost PoolsActivity MeasuresOverhead CostProduct T8Product P4TotalLabor-relatedDLHs$132,4641,4005,4006,800Production ordersorders 32,6045007001,200Order sizeMHs 762,1064,3004,0008,300 $927,174 The total overhead applied to Product T8 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.)
A. $435,683 B. $190,890 C. $168,578 D. $394,826
An example of direct matching of an expense with revenues would be
a. depreciation expense. b. office salaries expense. c. direct labor costs incurred to produce inventory sold during a period. d. advertising expense.
Long-term debt financing is normally used to provide working capital to finance inventory, accounts receivable, and operation of the business.
Answer the following statement true (T) or false (F)