In a private trial, the referee is empowered by statute to enter a legally binding judgment
Indicate whether the statement is true or false
TRUE
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Lucent Technologies and Google are examples of:
A) overt names B) implied names C) conceptual names D) iconoclastic names
Winters Corporation purchased 15,000 shares of Poores Corporation common stock for $60 per share on January 2, 2014. Poores Corporation reported net income of $1,500,000 for 2014 and paid dividends of $300,000 during 2014. Poores has a total of 50,000 shares of common stock outstanding. The entry that would be recorded to recognize the income is:
A) Cash 90,000 Dividend Income 90,000 B) Investment in Poores Corporation 450,000 Income, Poores Corporation Investment 450,000 C) Dividend Income 450,000 Cash 450,000 D) Investment in Poores Corporation 450,000 Cash 450,000
All of the following have introduced their own versions of Buy buttons except:
A. Facebook. B. Pinterest. C. Instagram. D. Tumblr.
If the cost of the beginning work in process inventory is $60,000, costs of goods manufactured is $890,000, direct materials cost is $330,000, direct labor cost is $210,000, and overhead cost is $315,000, calculate the ending work in process inventory.
A. $35,000. B. $45,000. C. $355,000. D. $350,000. E. $25,000.