A series of formal, written statements in which the plaintiff and defendant both state claims for the defense regarding the matter being disputed is which
of the following?
O Appeal
O Pleading
O Breach
O Trial

If youre coming from ICEV, the answer is pleading :)

Consider the changes that have occurred in a comparatively new industry (e.g., wireless telecommunications, smartphones, video game consoles, online brokerage services, and fitness clubs). Then, address the following questions: • To what extent has the evolution of the industry followed the pattern predicted by the industry life-cycle model? • What do the features of the industry have that have influenced its pattern of evolution? • At what stage of development is the industry today? How is the industry likely to evolve in the future?

Suppose that Xtel currently is selling at $66 per share. You buy 500 shares using $20,000 of your own money, borrowing the remainder of the purchase price from your broker. The rate on the margin loan is 6%. a. What is the percentage increase in the net worth of your brokerage account if the price of Xtel immediately changes to: (i) $69.63; (ii) $66; (iii) $62.37? What is the relationship between your percentage return and the percentage change in the price of Xtel?

Knowledge Check 01 A company is in its first month of operations. The company pays total salaries to its employees of $600 per day. For the first four weeks of January (28 days), the company paid its employees $16,800 cash. For the final three days in January, employees earn $1,800 in additional salaries that will not be paid until February 4. What adjusting entry would be made at the end of January? Post the adjusting entry for the scenario provided. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

Radford Inc. manufactures a sugar product by a continuous process, involving three production departments-Refining, Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, Refining, were $371,000, $142,000, and $98,400, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $29,200, and work in process at the end of the period totaled $28,400.
Required:
a.
(1) On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for direct materials.
(2) On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for direct labor.
(3) On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for factory overhead.
b. On September 30, journalize the entry to record the transfer of production costs to the second department, Sifting.
CNOW journals do not use lines for spaces or journal explanations. Every line on a journal page is used for debit or credit entries. Do not add explanations or skip a line between journal entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.

Leaders must have the ability to communicate new ideas.

O True

O False

Suppose an economic boom drives up wages for the sales representatives who work for cell phone companies. This will cause the:________.
a) supply of cell phones to increase; the price of cell phones would decrease and the quantity of cell phones traded would rise.
b) supply of cell phones to decrease; the price of cell phones would increase and the quantity of cell phones traded would fall.
c) demand for cell phones to decrease, and both the price of cell phones and the quantity of cell phones traded would fall.
d) demand for cell phones to increase, and both the price of cell phones and the quantity of cell phones traded would rise.

You are trying to estimate the value of a property that you are interested in buying. The subject property is located at 322 Rock Creek Road in a new suburb at a large metropolitan area. The property is like many others in the area, With three bathrooms, a living room, a den, a large kitchen, and a two car garage. the residence has about 1,800 square feet of air conditioned space and is of traditional design. The property is located on an interior lot with no potential flooding problems. The quiality of construction appears to be about average for the market. The property being purchased was built within the past two years. Three properties ave been chosen as comparable and they also were constructed within the past two years. Comparable properties in the area have the following characteristics:
Comparable I Comparable II Comparable III
Address 123 Clay St. 301 Cherry Lane 119 Avenue X
Sale Price $ 85,000 $ 79,000 $ 75,000
Time of Sale 6 Months ago 7 Months ago 13 Months ago
Design Modern Traditional Traditional
Parking 2-Car Garage 2-Car Garage 1-Car Garage
Location Corner lot Interior Lot Interior Lot
Drainage Good Bellow Average Good
Bedrooms Four Three Two
Baths Two Two Two
Construction Average Average Bellow Average
You have to come to conclusions concerning hat you believe the different attributes f the comparable properties are likely to be worth in the market area. Appreciation in house value in the areas has been very low ver the past eight months, and you think that any properties that have sold within hat period would probably not require adjustments or the ime of sale. However, one of the comparable properties sold over a year ago, and you think it will eequire a $1,500 upward adjustment. You also believe that properties in the area because of a slower rate of runoff fter heavy rains. Properties on corner lots generally sell for a premium of about $1,000. House with the fashionable modern design usually bring about $1,000 more than those that have traditional design characteristics. BEcause three-bedroom homes are considered desirable by buyers in the area, an additional fourth bedroom will generally only add about $1,200 in value to a property. However, properties that can only contain only two bedrooms are rather difficult to sell, and often bring $2,000 less than three-bedroom counterparts when they are sold. Most homes in the area have two-car garage, but when properties have a one-car garage, they usually sell for about $800 less. A two-car open carpot generally reduces the value of the property by a similar ammount, or $800. The inferior construction quality exhibited by comparable III should reduce its value by about $1,500.
a. You plan to complate the sales comparison approach to value and assign and estimate of value to the subject property. Give specific reasons for your choice of value.

Which of the following is a transfer of a case from a lower to a higher level of court?
O Judgment
O Trial
O Breach
O Appeal

When recording transactions into the accounting equation, which of the following statements are correct? (Check all that apply.) Multiple select question. After recording the transaction, total assets will always equal total liabilities plus equity. The accounting equation must always remain in balance. Cash must always equal Equity. Expenses are listed on the right side of the accounting equation and will increase the equity account.

Sport Ready produces sport socks. The company has fixed expenses of $110,000 and variable expenses of $1.10 per package. Each package sells for $2.20. The number of packages Sport Ready needed to sell to earn a $24,000 operating income was 121,819 packages (rounded). If Sport Ready can decrease its variable costs to $1.00 per package by increasing its fixed costs to $125,000​, how many packages will it have to sell to generate $24,000 of operating​ income? Is this more or less than​ before? Why? Review Only LOADING... Click the icon to see the Worked Solution. Begin by identifying the formula to compute the sales in units at various levels of operating income using the contribution margin approach. ( Fixed expenses + Operating income ) / Contribution margin per unit = Sales in units ​(Round your answer up to the nearest whole​ unit.) Sport Ready will have to sell 124,167 packages to generate $24,000 of operating income. Is this more or less than​ before? Why? Sport Ready would have to sell 2,348 more packages of socks to earn $24,000 of operating income. The increase in fixed costs was not completely offset by the decrease in variable costs at the prior target profit volume of sales. Therefore, Sport Ready will need to sell more units in order to achieve its target profit level.

Problem 2-14 As operations manager, you are concerned about being able to meet sales requirements in the coming months. You have just been given the following production report: JAN FEB MAR APR Units produced 2,300 1,800 2,800 3,000 Hours per machine 325 200 400 320 Number of machines 3 5 4 4 Find the average of the monthly productivity figures (units per machine hour). (Do not round intermediate calculations. Round your answer to 2 decimal places.) Average productivity units per machine hour HintsReferenceseBook

What is the most direct way that increasing the minimum wage can lead to more government revenue?
It causes inflation, which is known to be an effective economic stimulator
It reduces purchasing power, so the government makes money on savings interest.
O It encourages spending, which increases other kinds of tax revenue.
O It increases the amount of taxes paid through payroll and personal income taxes
Mark this and return
Save and Exit
Subs

The City of San Antonio is considering various options for providing water in its 50-year plan, including desalting. One brackish aquifer is expected to yield desalted water that will generate revenue of $4.1 million per year for the first 5 years, after which less production will decrease revenue by 10% per year each year. If the aquifer will be totally depleted in 21 years, what is the present worth of the desalting option revenue at an interest rate of 9% per year

Your job pays you only once a year for all the work you did over the previous 12 months. Today, December 31, you just received your salary of $53,000 and you plan to spend all of it. However, you want to start saving for retirement beginning next year. You have decided that one year from today you will begin depositing 3 percent of your annual salary in an account that will earn 10 percent per year. Your salary will increase at 4 percent per year throughout your career. Required: How much money will you have on the date of your retirement 35 years from today?

The basic difference between a master budget and a flexible budget is that a: Group of answer choices flexible budget considers only variable costs but a master budget considers all costs. flexible budget allows management latitude in meeting goals whereas a master budget is based upon a fixed standard. master budget is for an entire production facility but a flexible budget is applicable to single departments only. master budget is based on one specific level of production and a flexible budget can be prepared for any production level within a relevant range.

n October 28, 2013, Mercedes Company committed to a plan to sell a division that qualified as a component of the entity according to GAAP regarding discontinued operations and was properly classified as held for sale on December 31, 2013, the end of the company's fiscal year. The division's loss from operations for 2013 was $2,000,000. The division's book value and fair value less cost to sell on December 31 were $3,000,000 and $2,500,000, respectively. What before-tax amount(s) should Mercedes report as loss on discontinued operations in its 2013 income statement?

On January 1, 2018, the Accounts Receivable and the Allowance for Doubtful Accounts balances of Kendall Company were $40,000 and $1,500 respectively. During the year 2018, the company reported $80,000 of credit sales, and collected $78,200 cash from receivables. The company also wrote off $500 of receivables as uncollectible in 2018. The company estimates that it will be unable to collect 4% of the year-end accounts receivable balance. Determine the amount of bad debts expense to be recognized in the 2018 income statement

Hardin Widget Manufacturing began operations in January 2021. Hardin sells widgets that carry a two-year manufacturer's warranty against defects in workmanship. Hardin's management projects that 2% of the widgets will require repair during the first year of the warranty while approximately 6% will require repair during the second year of the warranty. The widgets sell for $300 each. The average cost to repair a widget is $40. The company sells 65% of the widgets to retail customers who must pay a 6% sales tax. Sales and warranty information for 2021 and 2022 are as follows: 2021: Sold 300 widgets on account; incurred warranty expenditures of $400 for widget repairs. 2022: Sold 400 widgets on account; actual payments for warranty expenditures were $600. Required: 1. Prepare journal entries that summarize the sales and any aspects of the warranty for 2021. 2. Prepare journal entries that summarize the sales and any aspects of the warranty for 2022.

Income Statement (in Millions of Dollars) Net sales $100.0 Cost of sales 60.0 Selling, general, and administrative expenses 20.0 Other expenses 15.0 Earnings after tax $ 5.0 a. Determine the length of the inventory conversion period. b. Determine the length of the receivables conversion period. •c. Determine the length of the operating cycle. d. Determine the length of the payables deferral period. •e. Determine the length of the cash conversion cycle. f. What is the meaning of the number you calculated in Part e?

This information relates to Sarasota Real Estate Agency.
Oct. 1 Stockholders invest $31,580 in exchange for common stock of the
corporation.
2 Hires an administrative assistant at an annual salary of $33,360.
3 Buys office furniture for $3,650, on account.
6 Sells a house and lot for E. C. Roads; commissions due from Roads,
$11,680 (not paid by Roads at this time).
10 Receives cash of $135 as commission for acting as rental agent renting an
apartment.
27 Pays $610 on account for the office furniture purchased on October 3.
30 Pays the administrative assistant $2,780 in salary for October.
Prepare the debit-credit analysis for each transaction.
Oct. 1 Debits
Debit Cash 31,580
Credits
Credit Common Stock 31,580
Oct. 2 Debits No Effect
Debit No Effect
Credits No Effect
Credit No Effect
Oct. 3 Debits
Debit
Credits
Credit Accounts Payable $3,650
Oct. 6 Debits
Debit Accounts Receivable $11,680
Credits Credit 11,680
Oct. 10 Debits
Debit Cash 135
Credits Credit 135
Oct. 27 Debits
Debit Accounts Payable 610
Credits
Credit Cash 610
Oct. 30 Debits
Debit Salaries and Wages
Expense 2,780
Credits
Credit Cash $2,780

Least-Squares Regression [LO5-11] [The following information applies to the questions displayed below.] Bargain Rental Car offers rental cars in an off-airport location near a major tourist destination in California. Management would like to better understand the variable and fixed portions of its car washing costs. The company operates its own car wash facility in which each rental car that is returned is thoroughly cleaned before being released for rental to another customer. Management believes that the variable portion of its car washing costs relates to the number of rental returns. Accordingly, the following data have been compiled:
Month Rental Returns Car Wash Costs
January 2,400 $ 11,000
February 2,500 $ 13,100
March 2,700 $ 11,800
April 3,000 $ 14,300
May 3,600 $ 16,200
June 5,000 $ 23,300
July 5,500 $ 22,200
August 5,500 $ 22,200
September 4,700 $ 22,800
October 4,000 $ 21,100
November 2,200 $ 10,700
December 2,800 $ 14,200
Using least-squares regression, estimate the variable cost per rental return and the monthly fixed cost incurred to wash cars. (Round Fixed cost to the nearest whole dollar amount and the Variable cost per unit to 2 decimal places.)

In 2021, Short Construction began construction work under a four-year contract. The contract price is $2,000,000. Short recognizes revenue over time according to percentage of completion method. The balance sheet shows the following accounts at the end of 2021: A/R of $40,000, Construction in Progress of $200,000, Less: Billings on Construction Contract of $170,000. The income statement shows Income on the contract of $30,000 at the end of 2021. What was the total estimated cost of the project at the end 2021?

If Mainway Toy Company declares a 4-for-1 stock split, the price of the company’s stock after the split, assuming that the total value of the firm’s stock remains the same after the split, will be$380.00 Scorecard Athletics Corp. is one of Mainway’s leading competitors. Scorecard’s market intelligence research team shares Mainway’s plans of announcing a stock split, influencing the distribution policy makers. Consequently, executives at Scorecard decide to offer stock dividends to its shareholders. Scorecard currently has 1,900,000 shares of common stock outstanding. If the firm pays a 7% stock dividend, what will be the total number of shares outstanding after the stock dividend?

Peyton Smith enjoys listening to all types of music and owns countless CDs. Over the years, Peyton has gained a local reputation for knowledge of music from classical to rap and the ability to put together sets of recordings that appeal to all ages.
During the last several months, Peyton served as a guest disc jockey on a local radio station. In addition, Peyton has entertained at several friends’ parties as the host deejay.
On June 1, 2016, Peyton established a proprietorship known as PS Music. Using an extensive collection of music MP3 files, Peyton will serve as a disc jockey on a fee basis for weddings, college parties, and other events. During June, Peyton entered into the following transactions:
Jun. 1 Deposited $4,000 in a checking account in the name of PS Music.
2 Received $3,500 from a local radio station for serving as the guest disc jockey for June.
2 Agreed to share office space with a local real estate agency, Pinnacle Realty. PS Music will pay one-fourth of the rent. In addition, PS Music agreed to pay a portion of the wages of the receptionist and to pay one-fourth of the utilities. Paid $800 for the rent of the office.
4 Purchased supplies from City Office Supply Co. for $350. Agreed to pay $100 within 10 days and the remainder by July 5, 2016.
6 Paid $500 to a local radio station to advertise the services of PS Music twice daily for two weeks.
8 Paid $675 to a local electronics store for renting digital recording equipment.
12 Paid $350 (music expense) to Cool Music for the use of its current music demos to make various music sets.
13 Paid City Office Supply Co. $100 on account.
16 Received $300 from a dentist for providing two music sets for the dentist to play for her patients.
22 Served as disc jockey for a wedding party. The father of the bride agreed to pay $1,000 in July.
25 Received $500 for serving as the disc jockey for a cancer charity ball hosted by the local hospital.
29 Paid $240 (music expense) to Galaxy Music for the use of its library of music demos.
30 Received $900 for serving as PS disc jockey for a local club’s monthly dance.
30 Paid Pinnacle Realty $400 for PS Music’s share of the receptionist’s wages for June.
30 Paid Pinnacle Realty $300 for PS Music’s share of the utilities for June.
30 Determined that the cost of supplies on hand is $170. Therefore, the cost of supplies used during the month was $180.
30 Paid for miscellaneous expenses, $415.
30 Paid $1,000 royalties (music expense) to National Music Clearing for use of various artists’ music during the month.
30 Withdrew $500 of cash from PS Music for personal use.
Required:
1. Indicate the effect of each transaction and the balances after each transaction, using the grid provided.
2. Prepare an income statement for PS Music for the month ended June 30, 2016.*
3. Prepare a statement of owner’s equity for PS Music for the month ended June 30, 2016.*
4. Prepare a balance sheet for PS Music as of June 30, 2016.*
For guidance in completing the financial statements, be sure to read the instructions above each statement carefully.

which presentation is effective individual presentation or group presentation??​

It's important for the interviewer to know about your biggest professional accomplishment.

True
or
False

Northern Wood Products is an all-equity firm with 17,100 shares of stock outstanding and a total market value of $356,000. Based on its current capital structure, the firm is expected to have earnings before interest and taxes of $28,000 if the economy is normal, $15,600 if the economy is in a recession, and $40,400 if the economy booms. Ignore taxes. Management is considering issuing $89,200 of debt with an interest rate of 6 percent. If the firm issues the debt, the proceeds will be used to repurchase stock. What will the earnings per share be if the debt is issued and the economy is in a recession?

Assume that your aunt sold her house on December 31, and to help close the sale she took a second mortgage in the amount of $20,000 as part of the payment. The mortgage has a quoted (or nominal) interest rate of 6%; it calls for payments every 6 months, beginning on June 30, and is to be amortized over 5 years. Now, 1 year later, your aunt must inform the IRS and the person who bought the house about the interest that was included in the two payments made during the year. (This interest will be income to your aunt and a deduction to the buyer of the house.) To the closest cent, what is the total amount of interest that was paid during the first year? Do not round intermediate calculations. Round your answer to the nearest cent.

The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Amount Sales$150,000Selling price per pair of skis$750Variable selling expense per pair of skis$50Variable administrative expense per pair of skis$10Total fixed selling expense$20,000Total fixed administrative expense$20,000Beginning merchandise inventory$30,000Ending merchandise inventory$40,000Merchandise purchases$100,000 Required:1. Prepare a traditional income statement for the quarter ended March 31.2. Prepare a contribution format income statement for the quarter ended March 31.3. What was the contribution margin per unit

Byron Books Inc. recently reported $13 million of net income. Its EBIT was $20.8 million, and its tax rate was 35%. What was its interest expense? (Hint: Write out the headings for an income statement, and fill in the known values. Then divide $13 million of net income by to find the pretax income. The difference between EBIT and taxable income must be interest expense. Use this same procedure to complete similar problems.)