Answer: The correct answer is "b. Ace has done nothing to change its CERCLA liability."
Explanation: CERCLA is the Comprehensive Environmental Response, Compensation and Responsibility Act and was designed to promote cleaning, maintenance and protection of the environment against hazardous waste.
Those responsible for releasing dangerous substances are identified to take care of their cleaning through the superfunds, therefore by creating the new corporation and transferring the assets: Ace has done nothing to change its CERCLA liability.
Answer:
total sales are the internal failure costs is 2%
Explanation:
given data
form to reduce errors = $15,000
customer complaints = 75,000
Verifying = 30,000
Correcting errors = 60,000
Total = $180,000
sales = $3,000,000
to find out
total sales are the internal failure costs
solution
we know here that internal failture cost is express as
internal failture cost = correcting error in form ...........1
internal failture cost = $60000
and
internal failture cost as % of total cost is here as
internal failture cost to sale = 
.......2
internal failture cost to sale = 
internal failture cost to sale = 2%
so total sales are the internal failure costs is 2%
Answer:
account receivables 600 debit
allowance for doubful account 600 credit
--to revert the write-off--
cash 600 debit
account receivables 600 credit
--to record the payment from Acme Inc--
Explanation:
The company will revert the write-off of Acme. Inc account and then record a collection as usual
We use the allowance account as previously the company did as follows:
allowance for doubful account 1,200 debit
account receivables 1,200 credit
to write-off the account.
We reverse this by the amount paid by Acme which is 600
Then, we record receiving the cash (debit) and decreasing the account receivable (credit)
Answer:
Thibodaux workers went on strike to protest against sugar cane plantations in four parishes which are Lafourche, Terrebonne, St. Mary, and Assumption.
No, the strike was not successful.
The unscheduled return to work by some workers before the end of the strike, makes it unsuccessful. The aftermath of the strike resulted to violence leading to death of many black workers and their families, as well injuries to many others.
