If by knowing the value of A we can find the value of B, then we would say that B is functionally dependent on A
Indicate whether the statement is true or false
TRUE
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The Robinson-Patman Act does NOT include regulations that ________
A) apply to resellers B) protect final consumers C) prohibit selling the same product to different retailers at different prices D) prohibit offering such "extras" as discounts, rebates, premiums, and coupons to some but not all customers E) prohibit price discrimination in interstate commerce
Gordon Inc has a defined benefit plan for its employees. The following information relates to this plan: Projected benefit obligation, January 1 . 2014 ........ $10,000,000 Fair value of plan assets, market-related asset value, January 1 . 2014 ...................................... 10,400,000 Service cost--2014 ................................... 800,000 Actual return on plan assets--2014
................... 900,000 Settlement rate ...................................... 10% Long-term rate of return on assets ................... 8% There was no unrecognized prior service cost or unrecognized gains or losses. Gordon's net periodic pension cost for the year was a. $968,000. b. $940,000. c. $900,000. d. $880,000.
On January 1, a corporation issues for cash $100,000 of 6%, five-year bonds with interest of $3,000 payable semiannually. The market rate of interest at the time the bonds are issued is 5%. Assume the bonds sell for $103,769 . What is the entry to record the issuance of the bonds?
a. Cash 98,203 Discount on Bonds Payable 1,797 Bonds Payable 100,000 b. Bonds Payable 100,000 Cash 100,000 c. Cash 103,769 Bonds Payable 100,000 Premium on Bonds Payable 3,769 d. Cash 100,000 Bonds Payable 100,000
Ethical and legal issues are likely to arise between the sales force and corporate policy when the salespeople become conflicted between doing what they believe is ethical and what their company asks them to do in order to make a sale.
Answer the following statement true (T) or false (F)