The payment of cash dividends to shareholders is classified as a financing activity.
Answer the following statement true (T) or false (F)
True
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In a computerized accounting system, a work sheet may not be necessary because the software program automatically posts entries to the accounts and prepares financial statements
Indicate whether the statement is true or false
Blatt Company, a manufacturer of slippers, began operations on June 1 of the current year. During this time, the company produced 210,000 units and sold 185,000 units at a sales price of $40 per unit. Cost information for this period is shown in the following table:Production costs? Direct materials$5.00 per unit Direct labor$4.75 per unit Variable overhead$302,000 in total Fixed overhead$405,000 in totalNon-production costs? Variable selling and administrative$9,000 in total Fixed selling and administrative$25,000 in totala. Prepare Blatt's December 31st income statement for the current year under absorption costing.b. Prepare Blatt's December 31st income statement for the current year under variable costing.
What will be an ideal response?
The disposal of nonhazardous solid waste is A) generally regulated by state law, but the federal government sets guidelines that must be followed
B) the only area of environmental concern that has yet to be regulated by federal action. C) completely governed by federal administrative law. D) currently the subject of great debate since the federal government has declared such activity falls under the Endangered Species Act and, therefore, a small annoying fly known to frequent landfills must be protected.
The following data set represents the age of a random sample of cars on the road today
1 3 3 7 10 12 The standard deviation of this sample is ________. A) 4.38 B) 7.14 C) 8.80 D) 9.06