Studies of realized rates of return assume that Dividend income is not reinvested
Indicate whether the statement is true or false
FALSE
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The change in the Deferred Taxes account is reflected in the Operating Activities category of the statement of cash flows
a. True b. False Indicate whether the statement is true or false
News and other media portrayals of unions and union workers tend to:
A. Reinforce stereotypes of unions made up of greedy and lazy workers that engage in frequent and violent strikes. B. Portray union workers as hard-working, self-sacrificing employees. C. Provide a balanced view of workers and the organizations they work for. D. Reinforce stereotypes of unions as champions of "the little guy," looking for social justice and workplace representation.
A company purchased and installed machinery on January 1 at a total cost of $93,000. Straight-line depreciation was calculated based on the assumption of a five-year life and no salvage value. The machinery was disposed of on July 1 of year four. The company uses the calendar year.1. Prepare the general journal entry to update depreciation to July 1 in year four.2. Prepare the general journal entry to record the sale of the machine for $27,000 cash.
What will be an ideal response?
Widget Maker, Inc manufactures and sells widgets. It sells widgets to Marklin of Marklin's Department Store and gives him a preference in pricing that discriminates against other retailers. Does Marklin have liability for price discrimination? Does Widget Maker, Inc have liability for price discrimination? Explain