Which of the following is not an allowable penalty for NLRB violations?
A. Backpay.
B. Reinstatement.
C. Injunctions.
D. Punitive damages and fines.
D. Punitive damages and fines.
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A demand for U.S. dollars would result from
a. an American tourist visiting the British Museum in London. b. a Japanese investor purchasing German securities. c. Honda, a Japanese auto company, buying land in Alabama. d. Airbus, a European firm, selling jetliners to airlines in South Korea.
The auditor considers materiality only at the overall financial statement level
a. True b. False Indicate whether the statement is true or false
If a loss of $12,500 is incurred in selling (for cash) office equipment having a book value of $50,000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is
A) $37,500. B) $50,000. C) $62,500. D) $12,500.
Suppose the credit terms offered to your firm by its suppliers are 2/10, net 30 days. Your firm is not taking discounts, but is paying after 22 days instead of Day 30. You point out that the nominal cost of not taking the discount and paying on Day 30 is approximately 37%. But since your firm is neither taking discounts nor paying on the due date, what is the effective annual percentage cost (not the nominal cost) of its costly trade credit, using a 365-day year?
A. 88.3% B. 70.4% C. 77.2% D. 78.9% E. 84.9%