Finished Furniture had a beginning inventory of $110,00 . at cost. During the month, Finished purchased and received $60,00 . in goods and had net sales of $150,000 . Throughout the month, Finished Furniture maintained a 40% markup on all sales. Compute the ending inventory at cost
$80,000
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Which of the following statements regarding fringe benefits is false?
A. Nontaxable fringe benefits must be provided to employees on a nondiscriminatory basis. B. The general rule is that an employee fringe benefit is taxable unless the benefit is specifically excluded from the employee's gross income. C. Employers are not allowed to deduct the cost of nontaxable employee fringe benefits. D. None of the above is false.
What type of statutes protect employees who report illegal activities going on within their company?
a. Reporting statutes b. Revealing statutes c. Discovery statutes d. Whistleblower statutes
Answer the following statement(s) true (T) or false (F)
1. Repeated measures data always has exactly two time points 2. All paired data are repeated measures data 3. All repeated measures data are also paired data 4. When conducting a paired samples test on Time 1 and Time 2 data, it is clearest to subtract Time 2 from Time 1. 5. When asking if there is a difference in a paired samples test, the value of µD is always 0.
Compute the missing value
a. The price decreased from $16.50 to $13.20; the percent decrease was __________. b. Increasing the base value 217 by 100 . yields the new value __________. c. Decreasing the base value _________ by 75% gives a decrease of 90 units.