A certificate of origin that covers multiple shipments of identical goods is called:
a. a large-scale certificate.
b. a blanket certificate.
c. a global certificate.
d. a multi-shipment certificate.
b
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The ending inventory of a company was $552,000 as per the perpetual inventory records. The current replacement cost for the ending inventory is $547,000. Prepare the journal entry to adjust inventory. Omit explanation.
What will be an ideal response?
Adam Corporation owns 1,000 shares of common stock of Rosen, Inc, a large publicly traded company listed on a major stock exchange. If Rosen issues a 20 percent stock dividend when the par value is $10 per share and the market value is $70 per share, how much and what type of income should Adam report?
a. $0 b. $2,000 ordinary income c. $14,000 ordinary income d. $2,000 ordinary income and $12,000 extraordinary income
The project represented by this network diagram has activity lengths in days and crash costs as shown in the table. The fixed cost for being on site is $450. What is the lowest total completion cost for the project?
Activity Normal Duration Crash Duration Crash Cost/Day A 1 1 B 9 7 $475 C 4 3 $350 D 8 6 $500 E 10 8 $425 F 4 3 $300 A) $10,600 B) $11,000 C) $11,400 D) $12,000
A more precise calculation of the Fisher Effect includes:
A) nominal rate, the bond rate, and inflation. B) nominal rate the real rate, expected inflation, and the product of the real rate and expected inflation. C) nominal rate and inflation only. D) nominal rate and the real rate only.