One of the main reasons that the country of Haiti has not experienced greater economic development is because its government is corrupt
a. True
b. False
Indicate whether the statement is true or false
True
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Johnny's Tavern had 16 employees and total annual wages of $376,948 during the previous year. All employees earned more than $7,000 during the year. What is Johnny's Tavern's FUTA tax liability?
A) $22,616.88 B) $1,589.69 C) $7,000.00 D) $672.00
Which of the following statements about the backward elimination procedure is false?
a. It is a one-variable-at-a-time procedure. b. It begins with the regression model found using the forward selection procedure. c. It does not permit an independent variable to be reentered once it has been removed. d. It does not guarantee that the best regression model will be found.
The balance sheet for a small firm is shown above. All amounts are in thousands of dollars. What is this firm's Net Working Capital?
Balance Sheet Assets Liabilities Current Assets Current Liabilities Cash $47 Accounts payable $40 Accounts receivable 23 Total current liabilities 40 Inventories 16 Total current assets 86 Long-Term Assets Long-Term Liabilities Net property, plant, and equipment 164 Long-term debt 170 Total long-term assets 164 Total long-term liabilities 170 Total Assets 250 Total Liabilities 210 Stockholders' Equity 40 Total Liabilities and Stockholders' Equity 250 A) $126 thousand B) $7 thousand C) $46 thousand D) $86 thousand
The Baker Company purchased $1,000 of supplies on account. How would this event be reflected in T-accounts?
A. On the left side of the Supplies T-account B. On the left side of the Accounts Payable T-account C. On the right side of the Supplies T-account D. On the right side of the Cash T-account