Gavin Range is the payroll accountant for Comptech Industries. His employer decided to use the special accounting rule for 2017. Which months may be included in the special accounting rule?
What will be an ideal response?
Only the first 10 months of the year (and the last two of the preceding year if the same rule was applied) would be used for valuation of noncash fringe benefits.
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A job advertisement for a barista yielded 100 applications. Of those, 60 had the basic qualifications required for the job. The yield ratio on the advertisement was ______%.
A. 10 B. 20 C. 40 D. 60
One area of U.S. tort cases of concern to international businesses is that they
A. can result in large monetary awards. B. often continue for years and can result in exorbitant legal fees. C. may result in personal embarrassment to corporate officers and require apologies. D. often lead to malfeasance claims against the business.
ABC, Inc., is a small clothing manufacturer that produces shirts and pants using two resources: sewing machine hours and cutting machine hours. The production manager can schedule up to 240 hours of sewing machine time and up to 150 hour cutting machine time. Production of one shirt requires 3 hours of sewing time and 1 hour of cutting time. Each pair of pants requires 2 hours of sewing time and 1.5 hours of cutting time. Each shirt yields a profit of $5, and each pair of pants generates a $6 profit. The objective is to maximize profits. Let X1 = Number of shirts to be produced, X2 = Number of pairs of pants to be produced. Which one of the following corner point (x1, x2) yields the maximum profit in this LP formulation?
a. (24,84) b. (80,100) c. (84,24) d. (80,0)
The structure of a money market hedge is similar to a forward hedge. The difference is the cost of the money market hedge is determined by the differential interest rates, while the forward hedge is a function of the forward rates quotation
Indicate whether the statement is true or false.