Select all that apply.

Which of the following describe the purpose of money?

store of value

hard to transport

not durable

unit of account

medium of exchange

An investor company owns 40% of the outstanding common stock of an investee company, which allows the investor to exercise significant influence over the investee. The Equity Investment was reported at $750,000 as of the end of the previous year.

Pablo Management has ten part-time employees, each of whom earns $135 per day. They are paid on Fridays for work completed Monday through Friday of the same week.

Write a system you would use to solve. Billy's restaurant ordered 200 flowers for Mother's Day. They ordered carnations at $1.50 each, roses at $5.75 each and daisies at $2.60 each. They ordered mostly carnations, and 20 fewer roses than daisies.

Diversification a. increases the likely fluctuation in a portfolio's return. Thus, the likely standard deviation of the portfolio's return is higher. b. reduces the likely fluctuation in a portfolio's return.

Property, plant, and equipment (net) $3,200,000 Liabilities: Current liabilities $1,000,000 Note payable, 6%, due in 15 years 2,000,000 Total liabilities $3,000,000 Stockholders' equity: Preferred $10 stock, $100 par (no change during year)

Every decision should be thoroughly considered using a decision-making process. True or False

The following are budgeted dа ta: January February March Sales in units 15,200 20,400 18,200 Production in units 18,200 19,200 17,100 One pound of material is required for each finished unit.

All of the following are associated with reporting controllable costs except:a. At lower levels, management have fewer controllable costs. b. Lower-level managers are responsible for detailed costs and so receive detailed reports. c.

Jake can complete an oil change in 45 minutes and he can write a poem in 90 minutes. Ming-la can complete an oil change in 30 minutes and she can write a poem in 90 minutes.

Samantha, a one-third partner, has an adjusted basis of $90,000 for her partnership interest. If Samantha sells her entire partnership interest to Emma for $100,000 cash, what is the amount and character of Samantha's gain or loss from the sale? a.