Profit-sharing plans enable employees to participate in the earnings of their employer.
Answer the following statement true (T) or false (F)
True
Rationale: Profit-sharing plans enable employees to participate in the earnings of their employer. See 14-3: Pension Plans and Retirement Programs.
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On March 1, 2018, Rawlins Company invests $25,000 in Ashton Company stock. Ashton pays Rawlins a $800 dividend on September 30, 2018. Rawlins sells the Ashton stock on November 30, 2018 for $23,500. Assume the investment is categorized as a short-term equity investment and that Rawlins does not have significant influence over Ashton.
Requirements: 1. Journalize the transactions for Rawlins' investment in Ashton's stock. 2. What was the net effect of the investment on Rawlins' net income for the year ended December 31, 2018.
Which of the following should be classified as a current asset?
A) Supplies B) Trademark C) Equipment D) Land held for future use
A collection of coordinated advertisements that share a single theme is called
A. an advertising mix. B. an advertising campaign. C. a marketing mix. D. an advertising concept. E. a promotion mix.
Ten years after the Valdez spill, scientists concluded there were no indications of continuing oiling effects
Indicate whether the statement is true or false