Enrico leaves his Ford sport utility vehicle at Gordo's Auto Service for an oil change. This is?
A) a bailment
B) a gift.
C) confusion.
D) abandoned property.
A
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Arona Corporation manufactures canoes in two departments, Fabrication and Waterproofing. In the Fabrication Department, fiberglass panels are attached to a canoe- shaped aluminum frame. The canoes are then transferred to the Waterproofing department to be coated with sealant. Arona uses a weighted-average process cost system to collect costs in both departments.All materials in the Fabrication Department are added at the beginning of the production process. On July 1, the Fabrication Department had 30 canoes in process that were 20% complete with respect to conversion cost. On July 31, Fabrication had 20 canoes in process that were 40% complete with respect to conversion cost. During July, the Fabrication Department completed 70 canoes and transferred them to the Waterproofing
Department. What journal entry should Arona make to record the completion of the production process by the Waterproofing Department?
A.
Finished Goods | XXX | |
Work in Process - Fabrication | XXX | |
Work in Process - Waterproofing | XXX |
B.
Raw Materials | XXX | |
Work in Process - Waterproofing | XXX |
C.
Manufacturing Overhead | XXX | |
Work in Process - Waterproofing | XXX |
D.
Finished Goods | XXX | |
Work in Process - Waterproofing | XXX |
The __________ property guarantees that it is impossible to find an alternative message with the same hash value as a given message, thus preventing forgery when an encrypted hash code is used
What will be an ideal response?
Describe at least three of the general information skills essential for all business careers
What will be an ideal response?
The ________ measures the activity, or liquidity, of a firm's stock of goods.
A) average collection period B) inventory turnover ratio C) average payment period D) total asset turnover ratio