A witness in a high profile criminal trial is a public figure
Indicate whether the statement is true or false
False
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Listening is hard work because as you listen, you should be doing other things, such as answering the phone, completing paperwork, or checking your e-mail.
Answer the following statement true (T) or false (F)
To deliver marketable title, the seller must deliver property to the buyer that is free from mortgages and other liens
Indicate whether the statement is true or false
Using a RFID system, if supplier quality and lead times are reliable, planners can time the arrival of components just before production of the final part number
a. True b. False Indicate whether the statement is true or false
Prepare a schedule showing the realized and unrealized profits for P Inc. for 2017 and 2018. Your schedule should include both pre-tax and after-tax amounts.
P Inc. owns 70% of Q Inc. During 2017, P Inc sold inventory to Q for $20,000. Half of this inventory remained in Q's warehouse at December 31, 2017 year end. On January 1, 2017, Q Inc had inventory in its warehouse which was purchased from P for $5,000. This inventory was sold to an outside party during 2017. Also during 2017, Q Inc sold inventory to P Inc. for $10,000. 50% of this inventory remained in P's warehouse at year end. Both companies are subject to a tax rate of 25%. The gross profit percentage on sales is 30% for both companies. P Inc. uses the cost method to account for its Investment in Q Inc. The inventories of both companies as at December 31, 2017 was all sold to outsiders during 2018. There were no intercompany transactions during 2018. What will be an ideal response?