All categories

3 years ago

True or False: In the event of a skyjacking, you should immediately attempt to subdue the skyjackers

1 answer:

6 0

It is <u>false</u> that you should immediately attempt to subdue the skyjackers in the event of a skyjacking.
You don't know what is going to happen if you decide to take them on - they make become angry and kill you as well as the other passengers.So it is better to wait a bit and hear them out, and try to do what they want you to do so as to avoid any unnecessary casualties.

You might be interested in

Conversion costs do not include which of the following costs?

fomenos

Answer:

I am pretty sure the answer is A) direct materials

Explanation:

Conversion cost equals direct labour plus manufacturing overhead

6 0

3 years ago

Read 2 more answers

The journal entry to record the sale of treasury stock might include all of the following except for:

Ghella [55]

Answer:

b. a debit to Paid-In Capital from Sale of Treasury Stock.

Explanation:

Treasury stock is the stock of equity purchased by the company itself, from open market. Basically it has a debit balance. And it is shown as a negative value from common equity in the balance sheet.

Now when there is sale of such treasury stock, this treasury stock will be credited, also in next entry common stock will be credited as it will increase automatically therefore in no circumstances Paid in capital will be debited from sale of treasury Stock.

Final Answer

b. a debit to Paid-In Capital from Sale of Treasury Stock.

4 0

3 years ago

How do unrealized intercompany inventory profits from a prior period affect the computation of consolidated net income when the

Margaret [11]

Answer:

Please see the answer below.

Explanation:

if in the cutting-edge duration there are unrealized intercompany stock income that becomes an end result of the earlier period, earnings must be added into consolidated net income and then it has to be assigned to the shareholders who made the intercompany sale.

if the profits become because of a downstream sale, income which is assigned to the controlling interest desires to be adjusted through growing the amount of the realized income and if that is due to an end result of upstream sale, profits which is assigned to the controlling, in addition to the non-controlling interest, wishes to be adjusted by means of growing the quantity of earnings while income changed into realized.

sure, it's far very essential to understand the popularity of the sale whether or not it becomes an upstream or downstream due to the elements like whether or not earnings at the sale is adjusted for controlling and non controlling agencies and similarly, for you to as it should be assigned the consolidated internet profits to the correct shareholder

8 0

3 years ago

Sam and Bridget are cousins who jointly own property. They are both named on the deed, they received title at the same time, the

asambeis [7]

Answer: The answer is JOINT TENANCY

Explanation: What is joint tenancy?

This is a legal arrangement whereby two or more people jointly own a property, in this arrangement, all owners have equal rights and obligations to the property. When one of the owners die, that owner's stake in the property goes to the surviving owners without having to pass through the court, because of the right of survivorship.

So the type ownership between Sam and Bridget above is a Joint Tenancy.

3 0

3 years ago

Four years ago, on January 1, California Creamery bought a new delivery truck for $30,000. The company planned to use the truck

Gekata [30.6K]

Answer:

The company should record a journal entry that includes: Debit to Impairment Loss $8,000

Explanation:

The company uses straight-line depreciation, Depreciation Expense each year is calculated by following formula:

Depreciation Expense = (Cost of delivery truck − Residual Value )/Useful Life = ($30,000 - $2,000)/7 = $4,000

At the end of year 4, Accumulated depreciation = $4,000 x 4 = $16,000

At the end of year 4, Book value of the truck = $30,000 - $16,000 = $14,000

The company expects to sell the truck for $6,000 < Book value of the truck

California Creamery should record Impairment Loss for $14,000-$6,000=$8,000

The journal entry includes:

Debit to Impairment Loss $8,000

5 0

3 years ago