Any act that the principal could have authorized at the time the act was done may be ratified.
Answer the following statement true (T) or false (F)
True
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After closing the temporary owners' equity accounts into Income Summary, and after allocating the net income and closing the partners' drawing accounts, assume the partners' capital accounts had credit balances as follows: Golden, $30,000; Chavez, $40,000; McGinnis, $55,000 . If McGinnis retired and withdrew $50,000 in settlement of his/her equity, the amount entered in McGinnis's capital account
would be a a. $5,000 credit. b. $50,000 credit. c. $55,000 debit. d. $55,000 credit.
Describe a general procedure for generating normally distributed random numbers with a mean of 450 and standard deviation of 50 using Excel functions
What will be an ideal response?
Use the information in Table D.2. If the plant has no limits on the number of units produced by overtime or subcontractors, what is the lowest-cost chase plan that is possible for the six-month period?
A) less than $50,000 B) between $50,000 and $100,000 C) between $100,000 and $150,000 D) between $150,000 and $200,000
A measure of goodness of fit for the estimated regression equation is the
a. multiple coefficient of determination b. mean square due to error c. mean square due to regression d. sample size