Is accounting is easy

Christopher is an unpaid, stay-at-home father who works as a volunteer at the local Habitat for Humanity chapter. Currently, Christopher is not looking for a paid job. The Bureau of Labor Statistics counts Christopher as ... a.

Hadley, Inc. manufactures a product that uses $18 in direct materials and $5 in direct labor per unit. Under the traditional costing system Hadley uses, manufacturing overhead applied to each unit is $13.

Margaret Company reported the following information for the current year: Net sales $3,000,000 Purchases $1,957,000 Beginning Inventory $245,000 Ending Inventory $115,000 Cost of Goods Sold 65% of sales Industry Averages available are: Inventory

Decentralization encourages upper level management to concentrate on short-term decisions. True or False?

ABC Company has purchased a piece of equipment that cost $600,000 with an average amount invested of $200,000 and has an expected life of 5 years. The company's expects average operating income from the equipment to be $10,000 per year.

Yaro Company owns 30% of the common stock of Dew Co. and uses the equity method to account for the investment. During 2018, Dew reported income of $250,000 and paid dividends of $80,000. There is no amortization associated with the investment.

Assume you work for an employer who will contribute $60 a week for the next 20 years into a retirement plan for your benefit. At a discount rate of 9 percent, what is this employee benefit worth to you today?

A restaurant manager should consider his own tastes when developing his menu.

Magnetic-Optical Corporation offers a variety of share-based compensation plans to employees. Under its restricted stock unit plan, the company on January 1, 2021, granted restricted stock units (RSUs) representing 4 million of its $1 par common

Assume Evco, Inc., has a current price of $50 and will pay a $2 dividend in one year, and its equity cost of capital is 15%. What price must you expect it to sell for right after paying the dividend in one year in order to justify its current price