The higher the number of times interest charges are earned ratio, the better the creditors' protection
a. True
b. False
Indicate whether the statement is true or false
True
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Land Corporation reported the following:
Which of the following is included in the entry to record the corporation's purchase of 40,000 shares of its common stock for $12.00 per share?
A) Treasury Stock—Common is debited for $480,000.
B) Paid-In Capital from Treasury Stock Transactions is credited for $135,000.
C) Retained Earnings is debited for $480,000.
D) Common Stock—$5 Par Value is credited for $200,000.
Division A makes a part that it sells to customers outside of the company. Data concerning this part appear below: Selling price to outside customers$40 Variable cost per unit$30 Total fixed costs$10,000 Capacity in units 20,000 Division B of the same company would like to use the part manufactured by Division A in one of its products. Division B currently purchases a similar part made by an outside company for $38 per unit and would substitute the part made by Division A. Division B requires 5,000 units of the part each period. Division A has ample capacity to produce the units for Division B without any increase in fixed costs and without cutting into sales to outside customers. If Division A sells to Division B rather than to outside customers, the variable cost be unit
would be $1 lower. What is the lowest acceptable transfer price Division A should accept? A. $10 B. $40 C. $30 D. $38 E. $29
Data warehouses struggle with combining too much standardized information.
Answer the following statement true (T) or false (F)
The _____required firms with 50 or more employees to provide up to 12 weeks of job-secure, unpaid leave on the birth or adoption of a child or the serious illness of a spouse, child, or parent.
A. Family and Medical Leave Act of 1993 B. Americans with Disabilities Act of 1990 C. Equal Pay Act of 1963 D. Fair Labor Standards Act of 1938