Justice Holmes defined _____ as a process that investigates, declares,
and enforces liabilities as they stand on present or past facts and under laws supposed
already to exist.
Fill in the blanks with correct word
adjudication
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Greenway Company's balance sheet as of December 31, Year 1 is provided below:Greenway CompanyBalance SheetDecember 31, Year 1Assets? Cash$ 35,000 Accounts receivable 40,000 Inventory 25,000 Plant and equipment, net of depreciation 300,000Total assets$ 400,000??Liabilities and stockholders' equity? Accounts payable$ 30,000 Notes payable 50,000 Capital stock, no par 200,000 Retained earnings 120,000Total liabilities and stockholders' equity$ 400,000In anticipation of preparing the company's operating budget for the upcoming period, the company's accountant has gathered the following information:(a) December Year 1 sales were $220,000. Sales are expected to grow at a rate of 8% per month. Half of all sales
are for cash and half are on account.(b) Inventory purchases are expected to total $100,000 during January and the inventory account is expected to have a $28,000 balance at January 31, Year 2. All inventory purchases are on account.(c) Selling and administrative expenses for January Year 2 are budgeted at $60,000 (exclusive of depreciation) plus 10% of sales. Selling and administrative expenses are paid in cash. Depreciation is budgeted at $3,000 for the month.(d) The notes payable will be paid in January, Year 2. The amount due will be $50,500. The $500 represents interest expense for the month of January, Year 2.(e) The company expects to purchase a new machine during January Year 2 at a cost of $5,000. Required:Prepare a budgeted income statement for the month of January Year 2. Use the traditional income statement format and ignore income taxes. What will be an ideal response?
__________is a fast-growing way to conduct global business in which all or part of the payment for goods or services is in the form of other goods and services
Fill in the blanks with correct word.
The Food and Drug Administration, the Consumer Product Safety Commission and the National Highway Transportation Safety Association are I. Cabinet Departments within the Executive Branch II. Subcommittees of the Senate and House of Representatives
within the Legislative Branch III. Judicially created organizations to implement Supreme Court mandates related to product safety. IV. Independent Agencies that report to no branch of government.
Identify and describe four publicity-based public relations tools.
What will be an ideal response?