Which of the following is true regarding private suits to enforce the Sherman Act?
a. Private plaintiffs may recover three times the damages they have sustained as a result of violations of the act.
b. Liability is joint and several among all conspirators.
c. There is no requirement of standing.
d. Private plaintiffs may recover three times the damages they have sustained as a result of violations of the act, and liability is joint and several among all conspirators.
d
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On January 1, 2018, Tyson Manufacturing Corporation purchased a machine for $40,000,000. Tyson's management expects to use the machine for 33,000 hours over the next six years. The estimated residual value of the machine at the end of the sixth year is $47,000. The machine was used for 4000 hours in 2018 and 5500 hours in 2019. What is the depreciation expense for 2018 if the corporation uses the units-of-production method of depreciation? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
A) $4,842,800 B) $13,333,333 C) $6,658,850 D) $4,848,480
A company receives $180 for a sale, of which $10 is for sales tax. The journal entry to record the sale is:
a. Sales Tax expense 10 Cash 170 Sales 180 b. Cash 170 Sales 170 c. Cash 180 Sales 180 d. Cash 180 Sales Tax Payable 10 Sales 170
With respect to fund basis financial statements, governmental funds are considered to be a major fund when total assets, liabilities, revenues and expenditures combined are at least 10% of the total for the governmental funds category.
Answer the following statement true (T) or false (F)
______ exists whenever people are in disagreement and opposition.
a. Negotiation b. Conflict c. Concern d. Stress