Sales Returned and Allowances $50
Allowance for Sales Return and Allowances $50
Lavender expects 5 jars at $10 each ($50 total) to be returned.
Explanation:
Lavender Corporation sells 100 jars of essential oil to Bed, Bath, and Relax on December 1, 20X5, for $10 each. Lavender offers a right to return the product for any reason. Based on past sales, Lavender expects Bed, Bath, and Relax to return 5 jars
Using the above stated information we get the given data :-
Sales Returned and Allowances $50
Allowance for Sales Return and Allowances $50
Lavender expects 5 jars at $10 each ($50 total) to be returned.
The adjusting journal entry on December 31 reflects
B) Recognize that outliers are routinely wrong and should be ignored and discarded.
C) Leave it to the technical specialists to draw the correct conclusions.
D) Be satisfied with the sample used as long as it is large.
E) Realize that statistical summaries from a sample may not be precise for the whole population.
Answer: Option (E)
Explanation:
From the give options, we can state that while interpreting data, marketing managers should be able to recognize the fact that the statistical summaries derived from a sample might not be exactly precise for whole population. Sample, usually tend to state the fact that a researcher has selected group of subject from a general population and thus is recognized to be a representative of population for that study. This still does not emphasize on the fact, that preferences still tend to deviate from individual to individual or sample to sample.
Answer: D. Toby was ultimately found to be disabled under the ADA, and entitled to reasonable accommodation
Explanation:
The options are
A.she testified on behalf of Toby
B) the employer retaliation (her demotion) was related to her testimony on Toby's behalf
C) Toby was ultimately found to be disabled under the ADA, and entitled to reasonable accommodation
D) she was demoted
Deana must be able to show all of the above except for
Toby was ultimately found to be disabled under the ADA, and entitled to reasonable accommodation.
Answer:
C) Toby was ultimately found to be disabled under the ADA, and entitled to reasonable accommodation
Explanation:
In order to retaliate Deana must be able to prove that she testified on behalf of her friend Toby to be given reasonable accommodation.
Her employer was found liable for not providing accommodation for Toby.
This made her employer retaliate by demoting her to a lower within the organzation.
The demotion is a form of negative payback on her for standing up against her employer and ensuring the employer is found liable for his actions.
ADA means American Disability Act which makes it unlawful to discriminate against people with disability.
She mustn't prove that Toby was ultimately found to be disabled under the ADA, and entitled to reasonable accommodation. This will mean her supporting her employer which means she will lose her retaliation.
Answer:
His yearly gross income is $16.000.
Explanation:
Your friend's job pays $ 10 per hour and he works 40 hours per week:
$10 per hour * 40 hours working in the week = $400 per week
If he works 50 weeks of the year:
$400 per week * 50 weeks working per year = $20,000 per year.
The tax rate is the percentage of taxes paid to the law by the company on its income.
If you earn $20,000 a year, and if the tax rate is 20% the tax generated is $ 4000.
So, $20,000 a year - $4000 of the tax rate = $ 16,000 a year.
Answer:
A. by electing members of a board of directors
Explanation:
A corporation is owned by it's shareholders as a group. Each shareholder holds a proportion of the share capital of a corporate and has voting rights in proportion of his shareholdings.
Shareholders are usually granted the following rights:
Shareholders have the right to propose a course of action to the management and approve contracts the company enters or plans to enter with outside parties.
The greatest control exercised by shreholders is related with their voting power which provides them the right to elect a director, remove an elected director or change the composition of a corporate's board of difrectors.
Answer:
Option "D" is the correct answer to the following question.
Explanation:
Shareholders generally cannot directly elect a board of directors but shareholders have the right to vote on issues that concern them. Shareholders usually vote for their issues to remove or appoint an auditor.
Shareholders cannot interfere in day-to-day operations, but they do have the right to give information to secure their investment.
Answer:
Statement is true
Explanation:
Internal control over financial reporting was designed to give assurance related to financial statements preparation and authenticity of financial reporting.
Material weakness refers to inefficiency in internal control which could lead to misstatement in financial statement thereby making financial reporting unreliable. As such, even one material weakness would prove ineffective internal control over financial reporting.