In many respects, today's schools, when viewed as an example of a formal organization, are similar to factories, hospitals, and business firms.

a. True

b. False

George is a U. S. citizen who is employed by Hawk Enterprises, a global company. Beginning on June 1, 2019, George began working in London (for a total of 214 days in 2019). He worked there until January 31, 2020, when he transferred to Paris.

Maya company manufactures a product which sells for $20 each. each unit of product has a variable cost of $5 to manufacture. fixed costs normally incurred are $60,000.

When people move to an area of the world that was previously unpopulated, we expect more consumers and more producers to spring up in that area.

What is the first foundation

Newtech Inc. hires John for the position of a software programmer to work on their new project. Salary paid to John by Newtech Inc. would be an example of which type of costs?

Real GDP per capita Multiple Choice 1. can grow either more slowly or more rapidly than real GDP. 2. cannot grow more slowly than real GDP. 3. cannot grow more rapidly than real GDP. 4. necessarily grows more rapidly than real GDP.

Flex Co. just paid total dividends of $525,000 and reported additions to retained earnings of $1,575,000. The company has 495,000 shares of stock outstanding and a benchmark PE of 15.1 times. What stock price would you consider appropriate? a.$52.

Which of the following would be subtracted from net income when determining cash flows from operating activities under the indirect method? An increase in accounts payable. Depreciation expense. A decrease in prepaid insurance.

Which entry would record the payment of a utility bill? A. Debit Utilities Expense; credit Cash B. Debit Cash; credit Utilities Expense C. Debit Utilities Expense; credit Accounts Payable D. Debit Accounts Receivable; credit Utilities Expense

Waymire Company sells a motor that carries a 60-day unconditional warranty against product failure. From prior years' experience, Waymire estimates that 3% of units sold each period will require repair at an average cost of $100 per unit.