A contract that is established by the conduct of a party rather than by the party's written or spoken words is an implied contract

Indicate whether the statement is true or false


TRUE

Business

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The ______, or the reason for or the event at which you are speaking, will help you decide on the topic, tone, and length of the presentation, or the style you choose.

a. audience b. occasion c. environment d. atmosphere

Business

At an activity level of 6,800 units, Henkes Corporation's total variable cost is $125,188 and its total fixed cost is $164,152.Required:For the activity level of 7,100 units, compute: (a) the total variable cost; (b) the total fixed cost; (c) the total cost; (d) the average variable cost per unit; (e) the average fixed cost per unit; and (f) the average total cost per unit. Assume that this activity level is within the relevant range.

What will be an ideal response?

Business

McHale Enterprises has the following incomplete General Journal entry for the most recent pay date:



What is the amount of the 401(k) contributions for the pay date?
A) $2,253.00
B) $15,298.22
C) $12,576.05
D) $9,215.38

Business

When a company applies the initial value method in accounting for its investment in a subsidiary and the subsidiary reports income less than dividends paid, what entry would be made for a consolidation worksheet in the second year?  A)Retained earnings Investment in subsidiaryB)Investment in subsidiary Retained earningsC)Investment in subsidiary Equity in subsidiary's incomeD)Investment in subsidiary Additional paid-in capitalE)Retained earnings Additional paid-in capital

A. B above. B. A above. C. E above. D. D above. E. C above.

Business