The product of 45.05 and 17.92 is ?808.306
Indicate whether the statement is true or false
False
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On January 1 of the current year, Jimmy's Sandwich Company reported total stockholders' equity of $122,500. During the current year, total revenues were $96,000 while total expenses were $85,500. Also, during the current year the company paid $20,000 in dividends. No other changes in equity occurred during the year. The change in total equity during the year was:
A. A decrease of $30,500. B. An increase of $73,500. C. An increase of $30,500. D. An increase of $9,500. E. A decrease of $9,500.
What is the underlying purpose of a trade show?
A) providing training to employees B) announcing changes in firm management C) sharing information about a specific topic D) connecting firms with potential buyers E) testing new products during the development process
In Davis v. Baugh Industrial Contractors, the traditional common law rule prevented a party who accepted a completed construction project from later suing the contractor for flaws in construction that caused injury to others. In reviewing such a case, the Washington state high court held that the rule was not sensible in modern times and would be dropped. This is an example of how:
a. modern day values are changing b. common law can adapt to changing circumstances c. common law never changes d. courts can never go against a precedent set in previous cases e. none of the other choices
Which of the following would most likely be an appropriate addressee for an audit report?
A. The chief financial officer. B. The shareholders of the corporation whose financial statements were examined. C. The president of the corporation whose financial statements were examined. D. A third party who requested that a copy of the audit report be sent to her.