Section 3(a) of the Model Employment Termination Act (META) protects employees from wrongful termination from employment and states that:?
A) ?an employer may not terminate employment of an employee without good cause
B) ?an employer can terminate employment of an employee with perverse reason.
C) ?an employer cannot terminate an employee without government consent.
D) ?an employer may not terminate an employee from work without court order.
A
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In the context of the strategies that organizations use for competing in the international environment, a direct foreign investment occurs when a firm owns physical assets in another country.
Answer the following statement true (T) or false (F)
A company that uses the percent of sales to account for its bad debts had credit sales of $740,000 in Year 1, including a $720 sale to Marshall Fresh. On December 31, Year 1, the company estimated its bad debts at 1.5% of its credit sales. On June 1, Year 2, the company wrote off, as uncollectible, the $720 account of Marshall Fresh. On December 21, Year 2, Marshall Fresh unexpectedly paid his account in full. Prepare the necessary journal entries:(a) On December 31, Year 1, to reflect the estimate of bad debts expense.(b) On June 1, Year 2, to write off the bad debt.(c) On December 21, Year 2, to record the unexpected collection.
What will be an ideal response?
Brett's Gift Box estimates that it will sell 30,000 porcelain figurines next year. Because porcelain
figurines are so easily damaged, the average per unit carrying cost of the figurines is $25. The per order cost of ordering is $800. Assume that Brett wants a safety stock of 75 figurines. If Brett reorders the figurines based on the economic order quantity, what is Brett's average inventory of porcelain figurines? A) 768 B) 700 C) 628 D) 854