Assets that are used for several years in the operation of a business are called
a. marketable securities.
b. current assets.
c. investments.
d. property, plant, and equipment.
d
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Farrell and Jimmy enter into a partnership agreement on May 1, 2018. Farrell contributes $30,000 and Jimmy contributes $140,000 as their capital contributions. They decide to share profits and losses in the ratio of their respective capital account balances. The net income for the year ended December 31, 2018 is $40,000. Which of the following amounts should be credited to Jimmy's capital account? (Do not round any intermediate calculations. Round your final answers to the nearest dollar.)
round any intermediate calculations. Round your final answers to the nearest dollar.) A) $70,000 B) $40,000 C) $32,941 D) $7059
Which of the following is NOT an example of focal error?
a. A man who has been reluctant to make an appointment to see his doctor because he fears that the result will be bad, finds out that he actually is gravely ill b. A woman is disappointed by her wedding day, especially after she had spent so much effort to organize an elaborate wedding because she was determined to make it the most special day of her life c. A student feels relieved that the exam he was so worried about actually was not that bad d. The highly positive expectations that a manager had set around completion of a project where not experienced, even though the project was a success
Federal administrative agencies are charged with all but which of the following?
A) National security B) Labor relations C) Securities markets D) All of these are regulated by federal administrative agencies.
Explain how corporate responsibility as a core strategy has manifested itself in modern organizations.
What will be an ideal response?