In recent years the United States Supreme Court has expanded the amounts and circumstances under which punitive damages can be awarded.
Answer the following statement true (T) or false (F)
False
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Partners Ken and Macki each have a $40,000 capital balance and share income and losses in a ratio of 3:2 . Cash equals $20,000, noncash assets equal $120,000, and liabilities equal $60,000 . If the noncash assets are sold for $80,000, the Macki's capital account will
a. decrease by $16,000 b. decrease by $24,000 c. increase by $24,000 d. decrease by $40,000
The normal balance of revenue is a(n)_____________
Fill in the blank(s) with correct word
Consideration is most likely characterized by:
A) prioritizing the group over the individual B) caring more about the welfare of employees than about self C) becoming personal friends with employees and their family members D) establishing a climate of good two-way communication between a leader and team members E) ensuring close supervision of each salesperson to make sure they adhere to company policies
Which of the following will most likely be considered an indirect material cost for a bakery?
A) spices B) flour C) milk D) eggs