Which law does it violate if a restaurant describes frozen lobsters as fresh lobsters on its menu?

A.

Common Law

B.

Food, Drug, and Cosmetics Act

C.

Truth-in-menu laws

D.

Premises Liability Act

Sage Hill plans to factor accounts receivable totaling $60,000 at the end of the year. Sage Hill will transfer the accounts to Herzog Factors, Inc. with recourse.

Which of the following are true about cost behavior within a particular relevant range? (Check all that apply.) Fixed costs per unit decreases as a company produces less units of production.

During 2014, Comstock Company entered into the following transactions. 1. Purchased equipment for $286,176 cash. 2. Issued common stock to investors for $137,590 cash. 3. Purchased inventory of $68,480 on account.

The Office Supplies account had a balance at the beginning of year 3 of $4,000 (before the reversing entry). Payments for purchases of office supplies during year 3 amounted to $25,000 and were recorded as expense.

A high level of expected risk suggests a low price-earnings ratio. a. True b. False

te Computer Solutions provides services to corporate and individual customers. During the month of June, the corporate business segment provided services to 300 customers and earned $ 70 comma 000 in revenue.

In which of the following situations is the taxpayer not required to file a 2019 income tax return? a. When the taxpayer is a 69-year-old widow (spouse died 3 years ago) with wages of $16,500 and no dependents. b.

Skysong Company purchased an electric wax melter on April 30, 2020, by trading in its old gas model and paying the balance in cash. The following data relate to the purchase.

Which of the following perspectives is least useful for evaluating solutions?

Oh no! someone stole your credit card and charged $2,500 worth of purchases before you even knew the card was missing. how much of the unauthorized charges can you be required to pay?