As of the June 11 pay date, the General Ledger account for Burling Mills has a balance of $14,289 in its Federal withholding tax payable account. A credit of $16,250 is recorded on the June 25 pay date. What is the balance in the account?
A) Debit $1,961
B) Debit $30,539
C) Credit $1,961
D) Credit $30,539
D) Credit $30,539
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Electronic shelf labeling allows retailers to ________
A) check inventory levels instantaneously B) order electronically from suppliers C) run continual promotional messages D) advertise sales and special offers E) change price levels instantaneously
In complex organizations, decisions are often made by coalitions of people. Theories of organizational governance and management refer to the group of people who direct and manage the organization as the "________ coalition."
Fill in the blank(s) with the appropriate word(s).
Executives acquire information about external opportunities and strengths from a variety of reports, including budgets, financial ratios, profit and loss statements, and surveys of employee attitudes and satisfaction.
Answer the following statement true (T) or false (F)
The margin of safety ratio can be defined as the:
A. Excess of budgeted sales over variable costs divided by budgeted sales. B. Excess of budgeted sales over break-even sales divided by budgeted sales. C. Excess of budgeted sales over fixed costs divided by budgeted sales. D. Excess of budgeted sales over break-even sales divided by break-even sales.