Which of the following is not true of the Supreme Court's appellate jurisdiction?
A. All appealed cases can reach the Supreme Court through the writ of certiorari and be heard at that level.
B. Review by the Supreme Court is almost entirely discretionary.
C. For most taxpayers, the final review is at the Court of Appeals level because the Supreme Court does not hear many tax cases.
D. The Supreme Court's decision not to grant a writ of certiorari means that the decision of the lower court still stands.
Answer: A
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Express the following balance sheets for Safety Company in common-size percentages.Safety CompanyBalance SheetsFor the years ended December 31?Year 2Year 1Assets??Cash$ 43,000$ 22,000Accounts receivable38,00042,000Merchandise inventory61,00052,000Prepaid insurance6,0009,000Long-term investments49,00020,000Plant assets (net)218,000218,000Total assets$415,000$363,000???Liabilities and Equity??Current liabilities$ 62,000$ 75,000Long-term liabilities45,00036,000Common stock150,000150,000Retained earnings 158,000 102,000Total liabilities and equity$415,000$363,000
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Accusatory language focuses negative attention on the issue rather than on the person
Indicate whether the statement is true or false.
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