The first U.S. labor unions were organized by
A. Industry, with a focus on local employment issues.
B. Industry, with a focus on national employment issues.
C. Craft lines, with a focus on local employment issues.
D. Craft lines, with a focus on national employment issues.
C. Craft lines, with a focus on local employment issues.
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The amount of money a borrower receives from the lender is called the discount rate
a. True b. False Indicate whether the statement is true or false
GAAP requires that a company record a loss and liability for termination benefits when
A) the amount can be reasonably estimated. B) the employee accepts the offer. C) the corporation extends the offer. D) both a and b.
Which statement is most likely true about the affordable method of setting an advertising budget?
A) Spending on advertising is calculated based on the financial objectives a company wishes to accomplish. B) Spending on advertising is calculated after operating expenses and capital outlays are deducted from total revenues. C) Spending on advertising is based on a predetermined percentage of current or forecasted sales for the year. D) Spending on advertising is calculated as a percentage of the unit sales price. E) Spending on advertising is based on a competitor's advertising outlays.
A balance sheet shows cash, $75,000; marketable securities, $115,000; receivables, $150,000 and $222,500 of inventories. Current liabilities are $225,000. The current ratio is 2.5 to 1
Indicate whether the statement is true or false