A pie chart is the best type of graphic aid to use to summarize the results of a survey question to which each respondent could check more than one answer
Indicate whether the statement is true or false
F
You might also like to view...
Net income plus interest expense divided by average total assets is the formula for which of these analytical measures?
a. price-earnings ratio b. inventory turnover c. rate earned on total assets d. number of days' sales in inventory
Use the following income statement and information about selected current assets and current liabilities for Kimberline Industries to calculate the net cash provided or used by operating activities using the indirect method.KIMBERLINE INDUSTRIESIncome StatementFor Year Ended December 31Sales? $280,000Cost of goods sold? 124,000Gross profit from sales? $156,000Operating expenses:?? Salaries and wages expense $35,000? Depreciation expense 11,000? Rent expense 27,200? Interest expense 3,900 77,100Income from operations? $78,900Loss on sale of land? 4,700Net income? $74,200Increases and decreases of current asset and current liability accounts, all of which relate to operating activities, are as
follows:? ChangeAccounts receivable increase $3,600Merchandise inventory decrease 1,700Accounts payable increase 1,100Salaries and wages payable decrease 2,600 What will be an ideal response?
What does the term FTE mean in doing a CBA for a new HRIS?
What will be an ideal response?
Dirk Davis purchases a piece of industrial wasteland. He knows that there is contamination in the soil, but he also knows that it is buried very deep and believes that it won't become known for at least 20 years
He incorporates Florida Condos Ltd, builds a condominium tower, and sells all the units – without, of course, disclosing the contamination. He then has the corporation, of which he is sole shareholder and director, distribute all the profits to him as dividend. The contamination "surfaces" within 12 months and the condo owners want to sue. Florida Condos has no assets, however, so they want to sue Dirk personally. Which of the following is FALSE? A) It is generally very difficult to persuade a court to pierce the corporate veil. B) It is not enough that it be just and equitable to pierce the corporate veil. C) Since Dirk knew of the contamination, his conduct was tantamount to fraud and justifies piecing the corporate veil. D) Dirk will not be liable personally because it was corporation that sold the condos not him personally E) The court could hold Dirk personally liable for financial losses as well as punitive damages