Which of the following would not normally be considered confidential information by a court?
A) designs
B) sales data
C) client files
D) training manuals
E) all of the above would be confidential information
E
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It was found that Malaysians hesitate to use coupons due to the:
A) lower power distance. B) higher uncertainty avoidance. C) fear of public embarrassment. D) impact of religion. E) general dislike for coupons.
Gemini Company has the following accounts in the Stockholders' Equity category of the balance sheet: Common Stock, $10 no par, 10,000 shares authorized, 9,000 issued, 8,000 outstanding Preferred Stock, $100 par, 8%, cumulative, participating, 1,000
shares authorized, issued, and outstanding Required: 1 . Explain how the issuance of stock affects the financial statements when the stock has no par value. 2 . Why would preferred stockholders want to have a cumulative feature in preferred stock? 3 . When a participating feature is present in preferred stock, how does it affect the amount of dividends that preferred stockholders can expect to receive?
For what purpose is horizontal analysis used by management? Is this information provided to stockholders? If so, in what form? If not, why?
On January 1, Jackson, Inc.'s Work-in-Process Inventory account showed a balance of $65,800. During the year, materials requisitioned for use in production amounted to $70,900, of which $67,400 represented direct materials. Factory wages for the period were $209,000 of which $186,600 were for direct labor. Manufacturing overhead is allocated on the basis of 60% of direct labor cost. Actual overhead was $116,340. Jobs costing $353,220 were completed during the year. The December 31 balance in Work-in-Process Inventory is ________.
A) $65,800 B) $319,800 C) $431,760 D) $78,540