Improved employee health is associated with lower levels of absenteeism and increased efficiency.
Answer the following statement true (T) or false (F)
True
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How can an entrepreneur generate legitimacy?
A. by avoiding constructive criticism B. by being risk-averse C. by removing standards established by credentialing associations D. by maintaining the status quo E. by visibly conforming to expectations created by governments
The following trial balance is prepared from the general ledger of HG's Auto Maintenance.HG'S AUTO MAINTENANCETrial BalanceOctober 31?DebitCreditCash $1,975?Accounts receivable 2,800?Supplies 500?Shop equipment 13,000?Office equipment 6,600?Accounts payable ?$ 4,510Common Stock ?22,000Dividends 4,200?Repair fees earned ?11,875Supplies expense 8,600?Totals $37,675$38,385Because the trial balance did not balance, you decided to examine the accounting records. You found that the following errors had been made:1. A purchase of supplies on account for $245 was posted as a debit to Supplies and as a debit to Accounts Payable.2. An investment of $500 cash by the sole stockholder was debited to Common Stock and credited to Cash.3. In computing the balance of the
Accounts Receivable account, a debit of $600 was omitted from the computation.4. One debit of $300 to the Dividends account was posted as a credit.5. Office equipment purchased for $800 was posted to the Shop Equipment account.6. One entire entry was not posted to the general ledger. The transaction involved the receipt of $125 cash for repair services performed for cash.Prepare a corrected trial balance for the HG's Auto Maintenance as of October 31. What will be an ideal response?
Cash and investments that can be easily converted into cash are termed
A) capital assets. B) liquid assets. C) illiquid assets. D) depositable assets. E) None of the above are correct.
Miscavage Corporation has two divisions: the Beta Division and the Alpha Division. The Beta Division has sales of $580,000, variable expenses of $301,600, and traceable fixed expenses of $186,500. The Alpha Division has sales of $510,000, variable expenses of $178,500, and traceable fixed expenses of $222,100. The total amount of common fixed expenses not traceable to the individual divisions is $235,500. What is the company's net operating income?
A. $374,400 B. $609,900 C. $201,300 D. ($34,200)