Which statute is not an amendment to Title VII?
A) Equal Pay Act
B) Equal Employment Opportunity Act
C) Pregnancy Discrimination Act
D) All of the above are amendments to Title VII.
A
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Ace Industries has the following shareholders' equity accounts at December 31, 2018: Preferred stock, $100 par value, 10% dividend, 50,000 shares issued and outstanding$5,000,000 Common stock, $6 par value, 1 million shares issued and outstanding 6,000,000 Paid-in capital in excess of par 119,000,000 Unrestricted retained earnings 7,500,000 Retained earnings restricted for plant expansion 2,500,000 On December 15, 2018 Ace Industries repurchased 200,000 shares of its common stock for $10 per share. Based on its shareholders' equity accounts, what can be inferred about this purchase?
A. Ace retired the shares by reducing the common stock and paid-in capital accounts. B. Ace is reporting the shares as a $2,000,000 investment on the asset side of the balance sheet. C. Ace is holding $2,000,000 of treasury stock which is being disclosed in the notes to the financial statements. D. Not enough information is provided to determine how Ace recorded the purchase.
The ____________________ determines corporate policies and selects the corporate officers
Fill in the blank(s) with correct word
Which of the following would Adam Smith have opposed, should he have witnessed it occurring?
a. working laborers relatively normal hours even though it damages productivity and makes a business less competitive b. the payment of laborers producing rivets at a flat salary rate instead of a per-piece incentive rate c. providing healthy food rations to workers even though it increases costs for the business d. developing a manufacturing assembly line that divided human labor into tiny, repetitive tasks
Based on the above information, determine the amount of dividends declared during 2018.
New Orleans Chemicals Company follows the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance sheet:
A) $3000
B) $92,000
C) $65,000
D) $27,000