Choosing firm goals for your business

A. allows you to diversify as opportunities develop.

B. allows you to be more flexible.

C. prevents you from staying focused.

D. eliminates other options.

If plant assets of a manufacturing company are sold at a gain of $1,800,000 with relatedtaxes of $540,000, and the gain is not considered unusual or infrequent, the incomestatement for the period would disclose these effects asa.

April received an inheritance from her grandmother in the form of an annuity. The annuity pays $3,000 on January 1st from 1966 through 1984.

The forecast for the third quarter is 2,000 units; the seasonal index for the quarter is 1.18. What are the seasonally adjusted sales for the quarter?

Which best describes the benefits of renting a home? A

State the factors to consider when buying food

The owner invested $15,200 cash in the company in exchange for its common stock. The company purchased supplies for $550 cash. The owner invested $10,100 of equipment in the company in exchange for more common stock.

Identify the internal control principle that is applicable to each procedure. The following reconciling items are applicable to the bank reconciliation for Ellington Company: (1) outstanding checks, (2) bank debit memorandum for service charge, (3)

Valera Corporation makes a product with the following standards for labor and variable overhead: Standard Quantity or Hours Standard Price or Rate Standard Cost Per Unit Direct labor 0.4 hours $ 21.00 per hour $ 8.40 Variable overhead 0.4 hours $ 6.

Which of the following are tasks associated with business administration positions? a. answering phones b. designing goods for production c. delivering goods to markets d. maintaining records e. repairing computers

Pepe, Incorporated acquired 60% of Devin Company on January 1, 2017. On that date Devin sold equipment to Pepe for $45,000. The equipment had a cost of $120,000 and accumulated depreciation of $66,000 with a remaining life of 9 years.