Green Garden Inc bills and pays selling and administrative expenses the month after they occur. Selling and administrative expenses have both a fixed and a variable component. The fixed component is a constant $47,000 a month. The variable component equals 15 percent of revenues. Given revenues of $800,000 for March, $950,000 for April, and $925,000 for May, what would be the budgeted selling and
administrative expenses that would be paid in April?
A) $167,000
B) $142,500
C) $189,500
D) $185,750
C
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The firm's statement of retained earnings reports changes in:
A. the amount of dividends paid in the current year. B. the common equity accounts between balance sheet dates. C. the interest on debt account paid in the current year. D. the amount of net income earned in the current year. E. the amount of depreciation charged in the current year.
Congress passed a law permitting those who were the victims of hate crimes to bring suit in federal district court to recover from the perpetrators of the hate crimes. Such a statute: A) is a legitimate exercise of Congressional authority
B) is an unconstitutional expansion of the Commerce Clause. C) is constitutional so long as the state agrees. D) is constitutional so long as there is an economic impact of hate speech. E)None of the above
________ is the process by which multiple operating systems share the same hardware
A) Hyperlinking B) Additive manufacturing C) Virtualization D) Dual-core processing
When planning for supplies, equipment, and software to be used in a meeting, the following is a list of items commonly needed EXCEPT
A) a laser pointer for the presentation. B) a printer in case something needed to be printed. C) a notebook computer for presentation hook up or for note taking. D) a ceiling-mounted multimedia projector.