What are the requirements for just compensation?
A)?Fair market value
B)?The amount the government entity gains through taking the property
C)?A reasonable value
D)?What a seller would pay when a buyer has no choice
A
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After posting the entries to close all revenue and expense accounts, Marker Company's Income Summary account has a credit balance of $7,000, and its Dividends account has a debit balance of $3,000. These balances indicate that net income for the current accounting period amounted to $4,000.
Answer the following statement true (T) or false (F)
Amanda and Jeremy argue about the employment of children in tobacco farms in a certain part of the world. Jeremy is of the view that this practice is ethical. He supports this view by stating facts about how the economic and social gains from employing children in these farms outweigh the long-term economic losses due to the health problems and lack of education suffered by these children. Jeremy is most likely an adherent of ________.
A. deontological ethics B. utilitarianism C. classicism D. virtue ethics
If income from operations for a division is $6,000, invested assets are $25,000, and sales are $30,000, the profit margin is 20%
Indicate whether the statement is true or false
Karen is going downtown to shop. She pulls her car into a parking lot, stops, pays for and
receives a ticket, parks her car, and leaves. Karen keeps her keys and may get her car at any time. Several hours later, when Karen returns, she learns her car has been stolen. Which of the following statements best describes this situation? A) This is not a bailment because the bailee had no duty to return the goods. B) This is not a bailment because there was no compensation paid. C) This is a bailment. D) This is not a bailment because there was no taking of possession by a bailee. E) This is not a bailment because there is no personal property.