Federal judges are appointed for a period of "good" behavior. The only way to remove a judge for "bad" behavior is through impeachment and removal from office
Indicate whether the statement is true or false
T
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Which one of the following is an investing activity on the statement of cash flows?
a. Collection of accounts receivable b. Purchase of long-term investments c. Receipt of interest d. Receipt of dividends
For marketers, racial and ethnic subcultures are less important than more easily defined microcultures such as avid Green Bay Packers fans or devotees of Southern gospel music.
Answer the following statement true (T) or false (F)
In the interest of having a drink with his groupmates, Chad suggests they have a meeting at a bar. The bar does not have any available seating, however, and is very loud. Group members complain about having to stand and their inability to hear, and the meeting is not very productive. What element has Chad likely failed to consider with regard to group meeting environment?
a. aesthetics b. convenience c. comfort d. time
On July 1, 20X8, Pair Logic Corporation acquires 75 percent of Systems Inc. common stock for its underlying book value. At the time of acquisition, the fair value of the noncontrolling interest is equal to its proportionate share of book value of Systems. On January 1, 20X8 Systems reported common stock of $100,000 and retained earnings of $130,000. For the year 20X8, Systems reports the following items: BeforeCombination(January 1 toJune 30)AfterCombination(July 1 toDecember 31)Sales$150,000 $160,000 Cost of Goods Sold 90,000 93,000 Depreciation Expense 20,000 20,000 Other Expenses 15,000 17,000 Net Income 25,000 30,000 Dividends 15,000 18,000 Pair Logic uses the equity method in accounting for this investment.Based on the preceding information, what is the
book value of shares acquired by Pair Logic on July 1, 20X8? A. $230,000 B. $240,000 C. $191,250 D. $180,000