The branch of public law that deals with the various regulatory functions and activities of the government is:
A) criminal law.
B) administrative law.
C) constitutional law.
D) substantive law.
B
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Organization change requires ______.
A. consistency B. multiple interventions C. sustaining D. all of these
Chambers Industries has a market capitalization of $800 million and 250 million shares outstanding. The management of this firm plans to raise further capital through a rights issue
Which of the following rights schemes will raise the most money, if all shareholders exercise their rights? A) two rights to purchase one share at $1.60 per share B) three rights to purchase two shares at $1.80 per share C) four rights to purchase three shares at $2.00 per share D) five rights to purchase two shares at $1.50 per share
On January 1, 2017, Smeder Company, an 80% owned subsidiary of Collins, Inc., transferred equipment with a 10-year life (six of which remain with no salvage value) to Collins in exchange for $84,000 cash. At the date of transfer, Smeder's records carried the equipment at a cost of $120,000 less accumulated depreciation of $48,000. Straight-line depreciation is used. Smeder reported net income of $28,000 and $32,000 for 2017 and 2018, respectively. All net income effects of the intra-entity transfer are attributed to the seller for consolidation purposes.For consolidation purposes, what net debit or credit will be made for the year 2017 relating to the accumulated depreciation for the equipment transfer?
A. Debit accumulated depreciation, $48,000. B. Credit accumulated depreciation, $48,000. C. Debit accumulated depreciation, $46,000. D. Debit accumulated depreciation, $2,000. E. Credit accumulated depreciation, $46,000.
A manufacturer of tiling grout has supplied the following data: Kilograms produced and sold 380,000Sales revenue$2,736,000Variable manufacturing expense$1,349,000Fixed manufacturing expense$336,000Variable selling and administrative expense$399,000Fixed selling and administrative expense$372,000Net operating income$280,000The company's break-even in unit sales is closest to: (Round your intermediate calculations to 2 decimal places.)
A. 98,333 B. 60,488 C. 272,308 D. 92,055