The consistency ratio (CR) is an indicator of the equality of factors
Indicate whether the statement is true or false
FALSE
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A fire destroyed the Churchill Company's warehouse on March 15, 2016. Only goods with a normal selling price of $12,500 and a net realizable value of $5,000 were saved. The following information is available from the company's records: ? Inventory in warehouse, 1/1/16 $250,000 Purchases, 1/1/16-3/15/16 620,000 Purchase returns 9,500 Freight-in 14,000 Sales, 1/1/16-3/15/16 850,000 Sales returns 20,000 For the period from 2011 through 2015, Churchill had a gross profit of $2,100,000 on net sales of $6,000,000.Required: a.Estimate Churchill's inventory loss from the fire using the gross profit method.b.What assumptions allow the use of the gross profit method in these circumstances?
What will be an ideal response?
The last step in the consumer decision process is:
a. Problem search b. Intention c. Satisfaction d. Evaluation of alternatives
Prior to the passage of workers compensation laws, all of the following common law defenses could be used by employers to avoid financial responsibility for work-related injuries EXCEPT
A) contributory negligence. B) the fellow-servant doctrine. C) assumption of the risk. D) employer liability laws.
Bruce is an employee of the Regus Group of Companies. His employer was not satisfied with performance and warned Bruce that if he could not improve his productivity, he should consider voluntary retirement since he was already 58 years of age. Within two days of receiving the warning, Bruce was given a notice by the human resources division asking him to submit his resignation without offering
any early retirement benefits. In this instance, the employer violated both the Age Discrimination in Employment Act and:? A) ?Health management Act. B) ?Americans with Disabilities Act. C) ?Fair Equity Management Act. D) ?Older Workers Benefit Protection Act.