In most states, it is illegal to sell stock
A) at a discount.
B) with no par value.
C) at a premium.
D) in excess of par value.
A
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Ergo Co. is a manufacturing company based in Texas. In the year after Ergo Co. implemented a comparable-worth policy, its expenses increased, and as a result, profits declined. What difficulty of comparable-worth policies does this example illustrate?
A. The employer is at an economic disadvantage because of increased pay for some jobs. B. The policy overlooks the undervalued work performed by women. C. The employer ignores the evaluation points for each job. D. The policy uses job enrichment to establish a pay structure based on market rates. E. Employees in lower-paid jobs are encouraged to meet the goal of comparable worth.
An entity erroneously recorded a large purchase twice. Which of the following internal controls would be most likely to detect this error in a timely and efficient manner?
A. Footing the purchases journal. B. Sending written quarterly confirmations to all vendors. C. Reconciling vendors' monthly statements with subsidiary payable ledger accounts. D. Tracing totals from the purchases journal to the ledger accounts.
Chattel or furniture is considered to be real property
Indicate whether the statement is true or false
Finished goods inventory is $199,000. If overhead applied to these goods is $79,000, and the overhead rate is 110% of direct labor, how much direct materials cost was incurred in producing the inventory? (Round your intermediate calculations and final answer to nearest whole dollar.)
A. $71,818. B. $86,900. C. $46,182. D. $33,100. E. $48,182.