What are two differences between future contracts and forward contracts?

On March 15, a fire destroyed Interlock Company's entire retail inventory. The inventory on hand as of January 1 totaled $4,950,000.

The name olmec means

Ivanhoe Company purchased $1600000 of 10% bonds of Scott Company on January 1, 2021, paying $1506375. The bonds mature January 1, 2031; interest is payable each July 1 and January 1. The discount of $93625 provides an effective yield of 11%.

Social responsibility is A. the view that organizations should satisfy the needs of consumers in a way that provides for society's well-being. B.

Jonathan Mfg. adopted a job-costing system. For the current year, budgeted cost driver activity levels for direct labor hours and direct labor costs were 20,000 and $100,000, respectively.

Shankar Company uses a perpetual system to record inventory transactions. The company purchases inventory on account on February 2 for $34,000.

Suppose the following two events occur in the market for elementary school teachers: a. Overcrowded schools and education budget cuts have discouraged young college students from pursuing careers in teaching. b.

A local university is facing some tough decisions, so they are using the decision tree, which contains individuals, websites, and organizations that specialize in handling sensitive and difficult decisions. A. True B. False

Samson Corporation issued a 4-year, $75,000, zero-interest-bearing note to Brown Company on January 1, 2020, and received cash of $47,664. The implicit interest rate is 12%.

One basic difference between "land" and "capital" resources is that land is multiple choice manufactured while capital is a gift of nature. unlimited while capital is limited. a gift of nature while capital is manufactured.