Money that has value because the government has ordered that it is an acceptable means to pay debts is referred to as

1) fiat money

2) commodity money

3) representative money

4) uniformity

You are given the following information for Gandolfino Pizza Co.: sales = $48,000; costs = $22,400; addition to retained earnings = $6,250; dividends paid = $2,200; interest expense = $4,800; tax rate = 35 percent. Calculate the depreciation expense.

A company produces two kinds of products. A product of the first type requires 1/4 hours of assembly labor, 1/8 hours of testing, and $1.2 worth of raw materials.

Java Joe operates a chain of coffee shops. The company pays rent of $20,000 per year for each shop. Supplies (napkins, bags and condiments) are purchased as needed.

Wilson company has a predetermined overhead rate of $5 per direct labor hour. the job-order cost sheet for job 145 shows 500 direct labor hours costing $10,000 and materials requisitions totaling $17,500.

Rayya Co. purchases and installs a machine on January 1, 2018, at a total cost of $151,200. Straight-line depreciation is taken each year for four years assuming a eight-year life and no salvage value.

Before prorating the manufacturing overhead costs at the end of 2020, the Cost of Goods Sold and Finished Goods Inventory accounts had applied overhead costs of $59,300 and $38,000 in them, respectively.

The Clean and Shiny Car Wash Company charges $95 to detail a car They detailed 75 cars during the past month. Their expenses are given in the table below Expense Rent of Space Supplies Advertising 1.

J has a life policy with the Guaranteed Insurability rider. J has just celebrated their 42nd birthday and realizes that she wants to use her rider and buy more death benefit. Which of the following will apply to J's request? A.

Which of the following is not a reason some people believe that capital punishment should be abolished? to free up spaces spiritual beliefs the financial cost the idea of new evidence could surface that would prove the criminal innocent

The fiscal year-end 2016 financial statements for Walt Disney Co. report revenues of $55,632 million, net operating profit after tax of $9,954 million, net operating assets of $58,603 million.