An increase in accounts receivable is reported on the statement of cash flows under the indirect method as an addition
a. True
b. False
Indicate whether the statement is true or false
False
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When a note is discounted at a bank, it is normally done with recourse
a. True b. False Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. Ethics always give a clear answer to each moral question 2. One unethical decision can shut down a business and businesses associated with it forever. 3. Looking at the organizational behavior model, managers provide individuals and groups with the tools and systems to achieve objectives and goals. 4. The organizational behavior model consists of Individuals, Departments, and Organizations. 5. Managers who practice positive organizational behavior value human capital as their least important resource.
Privileges or immunities, due process, and equal protection are all concepts found in the 14th Amendment
Indicate whether the statement is true or false
Bacon Financial Advisors provides accounting and finance assistance to customers in the retail business
Bacon has four professionals on staff and an office with six clerical staff. Total compensation, including benefits, for the professional staff runs about $573,000 per year, and normal billable hours are 8,000 hours per year. The professional staff keep detailed time sheets organized by client number. The total office and administrative costs for the year are $753,000. What is the direct labor rate for the professional staff? (Round your answer to the nearest cent.) A) $94.13 per hour B) $22.50 per hour C) $71.63 per hour D) $165.75 per hour