108.When shares of stock are sold from one investor to another, they will trade at: A. Par value. B. Book value. C. Market value. D. Stated value. 109.A 2-for-1 stock split will: A. Increase the total par value of the stock and increase the number of shares outstanding. B. Decrease the total par value of the stock and increase the number […]
11.6 Learning Objective 11-6 1) It is management’s responsibility to issue a report on internal control. 2) Publicly traded companies have the option to produce audited financial statements. 3) Publicly traded companies have to file their financial statements with the IRS. 4) An audit report is addressed to the board of directors and stockholders of the company. 5) It is NOT the independent auditor’s […]
11) Multicollinearity exists in multiple regression when two or more independent variables are highly correlated with each other. 12) The t-value of a coefficient measures how large the value of the estimated coefficient is relative to its standard error. 13) The standard error of the estimated coefficient indicates how much the estimated value, b, is likely to be affected by random factors. […]
165. ABC Printing Company uses a job order cost system. (a) Indicate the source of the data for debiting Work in Process for each of the following: (1) Direct materials requisitioned (2) Direct labor used (b) Indicate the source of the data for crediting Work in Process for jobs completed. (c) Present a list of the three controlling accounts […]
183.An employer has an employee benefit package that includes employer-paid health insurance and an employer-paid retirement program. During March, the employer paid $5,500 for health insurance, and contributed to the employee retirement program 10% of the employees’ $120,000 gross salaries. Prepare the journal entry to record these employee benefits. 184.A company sells its product subject to a […]
172.Based on the following income statement and balance sheet for Bankowski Corporation, determine the cash flows from operating activities using the indirect method. Bankowski CorporationIncome StatementFor Year Ended December 31, 2015 Sales $504,000 Cost of goods sold $327,600 Depreciation expense33,000 Other operating expenses 125,500(486,100) Other gains (losses): Gain on sale of equipment 5,200 Income before taxes $23,100 Income tax expense (4,800) Net income $18,300 Bankowski CorporationBalance SheetsAt December 31 20152014 […]
5) An advantage of using budgeted costs for transfer pricing among divisions is that: A) overall corporate profitability is usually higher B) it usually provides a basis for optimal decision making C) the divisions know the transfer price in advance D) it promotes subunit autonomy 6) The transfer-pricing method that reduces the goal-congruence problems associated with a pure cost-plus-based transfer-pricing method is: A) […]
Table 10-1 On January 1, 2013, Bark Manufacturing Company Ltd. purchased a machine for $27,500, and expects to use the machine a total of 32,000 hours over the next four years. Bark set the residual value on the machine at $3,500. Bark used the machine 6,000 hours in 2013 and 7,200 hours in 2014. 21) Referring to Table 10-1, what is the […]
7) ________ would be a consideration in a make-or-buy decision. A) Excess capacity B) Rental income from unused facilities C) Variable factory overhead D) All of the above are correct. 8) If a company has excess capacity, the most it would pay for buying a product that it currently makes would be the: A) total variable cost of producing the product B) market […]
1. Which of the following is an internal event? A. Caddie salaries are paid by a country club. B. Dividends are distributed to a company’s stockholders. C. Potatoes used in a fast-food restaurant are purchased. D. Products are transferred from the assembly area to the painting station. 2. Which of the following is not an external event? A. A grocery store recognizes losses from spoilage. B. A grocery store runs ads in […]
Individual paper assignment instructions:
1. Step 1 - Select a topic/case study for your ethical dilemma. This can be anything that
interests you and does not have to be something related to business (although it can be).
You can pick something from pop culture, your own life, the news, etc. Remember, a
dilemma is when a difficult or unclear decision needs to be made. You cannot pick the
same case study as what your group has done their group assignment on. Ultimately you
are going to be using all three ethical models to analyze the ethical dilemma you have
selected.
2. Step 2 – write a paper analyzing the ethical dilemma you selected using all three ethical
models. The organization of your paper should start with an introduction to the dilemma
you have chosen plus some background context, a section analyzing your dilemma using
each of the three ethical models, and then a conclusion that suggest the most ethical
course of action. Please make sure to give some background context for the dilemma you
have selected; even if it is something from pop culture, don’t assume your reader already
knows about it.
a. The final paper should be around 1250 words.
b. If you use any external sources, make sure to cite your sources. I don’t care what
format you use, but you should create a bibliography and cite your sources for
facts you state.
3. Submit your paper to Canvas by 11:59 p.m. on February 29, 2024. Please submit your
paper as a Word document (not PDF). Remember that I strongly discourage use of any AI
when writing this paper and I will certainly be checking for it. If you have used any
sources to help you write this paper (besides your own mind), which can include but is
not limited to ChatGPT, Grammarly, etc. you must submit both the version of the paper
you wrote entirely on your own plus the version that you used other programs with. I will
then evaluate independently to determine if the ideas were truly your own (versus if you
had a program write your paper and you just re-worded it). Submissions that are
determined to largely not be your own work will not be given full credit. Submissions
where it is determined that AI was used and the student did not submit both versions will
be considered plagiarized and will not be given any credit (and I will consider reporting
to the University for further disciplinary action).
4. This paper is worth 30% of your grade.
Let me know if you have any questions.
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