A corporation that does business in the state in which it was created is called a(n):
a. domestic corporation.
b. foreign corporation.
c. alien corporation.
d. de facto corporation.
a
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Which of the following is/are true?
a. Trading securities can be classified as current or noncurrent depending on management's intent. b. Held-to-maturity securities should not be classified as current under any circumstance. c. Trading securities should not be classified as current under any circumstance. d. Available-for-sale securities can be classified as current or noncurrent depending on management's intent. e. None of these answer choices is correct.
What kinds of ideas make the best topics for concept speeches?
a. Particular ideas b. Abstract ideas c. Specific ideas d. Advanced ideas
Malloy Company, a manufacturer of small appliances, had the following activities, allocated costs, and allocation bases
Activities Allocated Costs Allocation Base Account inquiry (hours) $77,000 2,800 hours Account billing (lines) $31,000 15,000 lines Account verification (accounts) $14,000 29,000 accounts Correspondence (letters) $14,000 1,000 letters The above activities are carried out at two of its regional offices. Activities Northeast Office Midwest Office Account inquiry (hours) 100 hours 300 hours Account billing (lines) 16,000 lines 8,000 lines Account verification (accounts) 1,800 accounts 600 accounts Correspondence (letters) 50 letters 110 letters How much of the account inquiry cost will be assigned to the Midwest Office? (Round any intermediate calculations to two decimal places and your final answer to the nearest dollar.) A) $16,500 B) $77,000 C) $27,500 D) $8,250
When there is no surviving spouse or child, the next in the order of inheritance are the grandchildren.
Answer the following statement true (T) or false (F)