Which of the following agencies was created following the terrorist attacks of September 11, 2001, to be responsible for civilian aspects of national security?
a. The Stateside Protection Commission
b. The Department of Homeland Security
c. The Department for Protection of Civilians
d. The Critical Civilian Defense and Protection Agency
b
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Work Room Company purchased equipment for $45,000. Total depreciation of $36,000 was recorded. On January 1, 2019, Work Room exchanged the equipment for new equipment, paying $65,000 cash. The market value of the new equipment is $65,000. Prepare the journal entry to record this transaction. Assume the exchange had commercial substance. Omit explanation.
What will be an ideal response?
According to principle-based ethics, individuals possess certain basic rights that should not be violated even if doing so would increase the overall good or social happiness.
Answer the following statement true (T) or false (F)
It is wise for a retailer to maintain the highest possible financial leverage as a means of maximizing return on net worth
Indicate whether the statement is true or false
Misty Mountain Outfitters is a merchandiser of specialized fly fishing gear. Its cost of goods sold for Year 2 was $295,000, and sales were $690,000. The amount of merchandise on hand was $50,000, and total assets amounted to $585,000. What is the average number of days to sell inventory? (Round to the nearest day.)
A. 31 days B. 40 days C. 26 days D. 62 days