Select the properly punctuated sentence
A) Although many employees applied for transfers, only 50 positions were available, thus, most employees received a severance package.
B) Although many employees applied for transfers, only 50 positions were available; thus, most employees received a severance package.
C) Although many employees applied for transfers, only 50 positions were available; thus most employees received a severance package.
C
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Research has shown involving employees in decisions increases their ______.
A. empowerment B. satisfaction C. cohesion D. skill development
Mystical Duds estimates that unsold women's clothing with a carrying value of $500 million has minimal market value given a change in fashion. To reflect the minimal market value of the merchandise, Mystical Duds
a. would record an impairment loss of $500 million, reducing the carrying value of this inventory to zero. b. would recognize zero cost of goods sold and a gross margin of $100 million on the sale, for a net margin of -$400 (=-$500 + $100) million over the two periods, if the firm sells the clothes for $100 million in a subsequent accounting period. c. would record an impairment loss of $400 million, reducing the carrying value of this inventory to $100 million. d. would recognize $100 million of cost of goods sold and a gross margin of zero on the sale, for a net margin of -$400 (=-$500 + $100) million over the two periods, if the firm sells the clothes for $100 million in a subsequent accounting period, if the firm sells the clothes for $100 million in a subsequent accounting period. e. would record/recognize choices a and b.
How does the collection of cash from a customer who was previously put on account affect the accounting equation?
A) assets decrease; owner's equity decreases B) assets increase; owner's equity increases C) assets increase; assets decrease D) assets increase; liabilities increase
In inspection, individual items are sampled for their quality and condition
Indicate whether the statement is true or false