Bill james discovered that a transaction for utilities expense was journalized and posted in error as a debit to repair expense, $250. what is the entry to correct the error?

Badger corp. declared a stock dividend to all shareholders of record on march 25 of this year. shareholders will receive one share of badger stock for each ten shares of stock they already own.

A 30-year zero coupon bond with a face value of $5,000 is currently selling for $1,156.88 and has a market rate of interest of 5%.

An analytical technique used by management to focus attention on the most significant variances and give less attention to the areas where performance is reasonably close to standard is known as: Multiple Choice Management by objectives.

Seller, a Chicago business, sent a shipment of tractor parts to Buyer, a Detroit business, under a contract that read: "F. O. B. Chicago, Illinois." The parts were not those specified in the contract and Buyer rejected them.

When calculating the afterminustax weighted average cost of capital (WACC), which of the following costs is adjusted for taxes in the equation? A. The before-tax cost of preferred stock B. The before-tax cost of equity C.

Market failure occurs when Question 22 options: an unrestrained market economy leads to too few or too many resources going to a specific economic activity. one good is superior to another and drives it out of the market.

Using accrual accounting, revenues are recorded a. when cash is received at the time services are performed or products have been delivered to customers b.

On January 1, Great Designs Company had a debit balance of $1,985 in the office supplies account. During the month, Great Designs purchased $463 and $420 of office supplies and journalized them to the asset account upon purchasing.

Because the auditors of XYX Company accepted a client firm's questionable financial statements when the infractions have occurred over time, James believes that they are· setting ill-conceived goals.· exhibiting motivated blindness.

One of your friends states that "operations management and supply chain management are primarily of interest to manufacturing firms." Is this true or false? Give some examples to support your answer