23) All of the following are true about the Patient Protection and Affordable Care Act of 2010 EXCEPT that ________.
A) individuals cannot be denied health insurance because of a pre-existing condition
B) insurance companies cannot cancel a policy if the insured becomes sick
C) individuals who do not purchase health insurance will be fined
D) children over 21 cannot remain on their parents' policy
29) Most union organizers will NOT continue their organizing efforts unless at least ________ percent of the workers in the workgroup sign authorization cards.
A) 30
B) 40
C) 70
D) 100
30) In conducting a legal campaign to discourage employees from voting for the union, management would most likely ________.
A) tell workers the benefits of remaining union-free
B) threaten workers with loss of their jobs to influence the votes
C) incite racial or religious prejudice by making inflammatory campaign appeals
D) give workers a paid holiday on the day of the vote
31) Mandatory bargaining issues are those which ________.
A) fall within the definition of wages, hours, and other terms and conditions of employment
B) may be raised, but neither side may insist that they bargained over
C) are outlawed, such as the closed shop
D) involve company goals and strategies
35) If union members should reject the proposed labor agreement, ________.
A) the labor contract is void
B) the union's status is in jeopardy
C) it is a clear sign of management victory
D) a new round of negotiations must begin
37) Which of the following is an exception made by courts regarding the employment-at-will doctrine?
A) prohibiting termination on the grounds of public policy
B) permitting claims based on good faith and fair dealing
C) permitting employees to bring claims based on statements made in employment handbooks
D) all of the above
In: Operations Management
In 2019, Pharoah Enterprises issued, at par, 60 $1,000, 8%
bonds, each convertible into 100 shares of common stock. Pharoah
had revenues of $18,800 and expenses other than interest and taxes
of $8,000 for 2020. (Assume that the tax rate is 20%.) Throughout
2020, 1,800 shares of common stock were outstanding; none of the
bonds was converted or redeemed.
(a) Compute diluted earnings per share for 2020.
(Round answer to 2 decimal places, e.g.
$2.55.)
| Earnings per share |
$ |
(b) Assume the same facts as those assumed for
part (a), except that the 60 bonds were issued on September 1, 2020
(rather than in 2019), and none have been converted or redeemed.
Compute diluted earnings per share for 2020. (Round
answer to 2 decimal places, e.g. $2.55.)
| Earnings per share |
$ |
(c) Assume the same facts as assumed for part (a),
except that 20 of the 60 bonds were actually converted on July 1,
2020. Compute diluted earnings per share for 2020.
(Round answer to 2 decimal places, e.g.
$2.55.)
| Earnings per share |
$ |
In: Accounting
Serial Problem Business Solutions LO P1, P2 Santana Rey, owner of Business Solutions, realizes that she needs to begin accounting for bad debts expense. Assume that Business Solutions has total revenues of $46,000 during the first three months of 2020, and that the Accounts Receivable balance on March 31, 2020, is $22,617. Required: 1a. Prepare the adjusting entry to record bad debts expense, which are estimated to be 1% of total revenues on March 31, 2020. There is a zero unadjusted balance in the Allowance for Doubtful Accounts at March 31. 1b. Prepare the adjusting entry to record bad debts expense, which are estimated to be 2% of accounts receivable on March 31, 2020. There is a zero unadjusted balance in the Allowance for Doubtful Accounts at March 31. 2. Assume that Business Solutions's Accounts Receivable balance at June 30, 2020, is $20,850 and that one account of $84 has been written off against the Allowance for Doubtful Accounts since March 31, 2020. If Rey uses the method in part 1b, what adjusting journal entry is made to recognize bad debts expense on June 30, 2020?
In: Accounting
In 2019, Marigold Enterprises issued, at par, 60 $1,000, 8%
bonds, each convertible into 100 shares of common stock. Marigold
had revenues of $16,000 and expenses other than interest and taxes
of $6,700 for 2020. (Assume that the tax rate is 20%.) Throughout
2020, 2,400 shares of common stock were outstanding; none of the
bonds was converted or redeemed.
(a) Compute diluted earnings per share for 2020.
(Round answer to 2 decimal places, e.g.
$2.55.)
| Earnings per share |
$ |
(b) Assume the same facts as those assumed for
part (a), except that the 60 bonds were issued on September 1, 2020
(rather than in 2019), and none have been converted or redeemed.
Compute diluted earnings per share for 2020. (Round
answer to 2 decimal places, e.g. $2.55.)
| Earnings per share |
$ |
(c) Assume the same facts as assumed for part (a),
except that 20 of the 60 bonds were actually converted on July 1,
2020. Compute diluted earnings per share for 2020.
(Round answer to 2 decimal places, e.g.
$2.55.)
| Earnings per share |
$ |
In: Accounting
In 2019, Marigold Enterprises issued, at par, 60 $1,000, 8%
bonds, each convertible into 100 shares of common stock. Marigold
had revenues of $16,000 and expenses other than interest and taxes
of $6,700 for 2020. (Assume that the tax rate is 20%.) Throughout
2020, 2,400 shares of common stock were outstanding; none of the
bonds was converted or redeemed.
(a) Compute diluted earnings per share for 2020.
(Round answer to 2 decimal places, e.g.
$2.55.)
| Earnings per share |
$ |
(b) Assume the same facts as those assumed for
part (a), except that the 60 bonds were issued on September 1, 2020
(rather than in 2019), and none have been converted or redeemed.
Compute diluted earnings per share for 2020. (Round
answer to 2 decimal places, e.g. $2.55.)
| Earnings per share |
$ |
(c) Assume the same facts as assumed for part (a),
except that 20 of the 60 bonds were actually converted on July 1,
2020. Compute diluted earnings per share for 2020.
(Round answer to 2 decimal places, e.g.
$2.55.)
| Earnings per share |
$ |
In: Accounting
In 2019, Windsor Enterprises issued, at par, 60 $1,000, 8% bonds,
each convertible into 100 shares of common stock. Windsor had
revenues of $17,800 and expenses other than interest and taxes of
$10,000 for 2020. (Assume that the tax rate is 20%.) Throughout
2020, 1,900 shares of common stock were outstanding; none of the
bonds was converted or redeemed.
(a) Compute diluted earnings per share for 2020.
(Round answer to 2 decimal places, e.g.
$2.55.)
| Earnings per share |
$ |
(b) Assume the same facts as those assumed for
part (a), except that the 60 bonds were issued on September 1, 2020
(rather than in 2019), and none have been converted or redeemed.
Compute diluted earnings per share for 2020. (Round
answer to 2 decimal places, e.g. $2.55.)
| Earnings per share |
$ |
(c) Assume the same facts as assumed for part (a),
except that 20 of the 60 bonds were actually converted on July 1,
2020. Compute diluted earnings per share for 2020.
(Round answer to 2 decimal places, e.g.
$2.55.)
| Earnings per share |
$ |
In: Accounting
In 2019, Bonita Enterprises issued, at par, 60 $1,000, 8% bonds,
each convertible into 100 shares of common stock. Bonita had
revenues of $20,500 and expenses other than interest and taxes of
$6,700 for 2020. (Assume that the tax rate is 20%.) Throughout
2020, 2,200 shares of common stock were outstanding; none of the
bonds was converted or redeemed.
(a) Compute diluted earnings per share for 2020.
(Round answer to 2 decimal places, e.g.
$2.55.)
| Earnings per share |
$ |
(b) Assume the same facts as those assumed for
part (a), except that the 60 bonds were issued on September 1, 2020
(rather than in 2019), and none have been converted or redeemed.
Compute diluted earnings per share for 2020. (Round
answer to 2 decimal places, e.g. $2.55.)
| Earnings per share |
$ |
(c) Assume the same facts as assumed for part (a),
except that 20 of the 60 bonds were actually converted on July 1,
2020. Compute diluted earnings per share for 2020.
(Round answer to 2 decimal places, e.g.
$2.55.)
| Earnings per share |
$ |
In: Accounting
Consider the following hypothetical data for the U.S. economy in 2020 (in trillions of dollars), and assume that there are no statistical discrepancies, zero net incomes earned abroad, and zero taxes on production and imports of net subsidies. Category Value Category Value Corporate profits before taxes deducted $2.7 Exports $1.5 Proprietorial income 0.8 Net transfers and interest earnings 2.2 Rent 0.8 Nonincome expense items 1.8 Interest 0.9 Imports 1.8 Wages 8.4 Corporate taxes 0.6 Depreciation 1.2 Social security contributions 2.1 Consumption 12.1 Government spending 1.9 a. Calculate the gross domestic income LOADING.... $ nothing trillion. (Enter your response rounded to one decimal place.) Calculate GDP. $ nothing trillion. (Enter your response rounded to one decimal place.)
In: Economics
In: Accounting
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Qualitative Characteristics |
Foundational Principles |
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Relevance (Feedback & Predictive) |
Economic entity |
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Representational Faithfulness: complete, neutral, free from bias |
Control |
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Comparability (consistency) |
Revenue recognition and realization |
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Verifiability |
Matching |
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Timeliness |
Periodicity |
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Understandability |
Monetary Unit |
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Going Concern |
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Historical Cost |
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Fair Value |
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Full Disclosure |
ONLY ONE ANSWER FOR EACH.
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In: Accounting