Answer:
Carter and the other stockholders will lose all money and their shares in case that Extreme Trax goes bankrupt
Explanation:
If a company goes bankrupt, then the creditors are paid first. Stockholders own shares of the company; thus, they exhibit the highest risk. In case that there is no money left after paying creditors, stockholders will lose the investments.
Answer:
The answer is Ability Test
Explanation:
An ability test as the name implies, is carried out in order to measure a person's ability to carry out certain tasks. It is a test that ascertains whether an individual possesses certain specifies skills, or whether an individual is capable of acquiring those skills with training.
In the scenario offered in the question, we can see that Jill's strength and stamina is tested with specific activities that will she will definitely come across on the job.
Therefore it is safe to say that Ability tests for different jobs vary. Some jobs may only involve heavy lifting, while some will require mental acuity.
Answer:
D. Credit to Salaries Payable for $8,100.
Explanation:
As we know Accrued expenses are those incurred but not yet recorded in the books. Accrued expenses are represented as a liability in the balance sheet.
So we have the year-end adjusting entry as following:
Account Debit Credit
Salaries Expense $8,100
Salaries Payable $8,100
Answer:
O True
Explanation:
Amortization is the gradual reduction in a value or balance of anything over a specified period. Evenly over life amortization of loan is the distribution of outstanding amount over remaining life / period. in this example $20,000 is amortized over 60 months which is 20,000 / 60 = $333.33 per month. So the statement is True.
Answer: Apple and Nike are utilizing <u><em>Taper integration</em></u> to partially rely on outside-market firms while supporting their forward vertical integration strategy.
Tapered integration is a key word that initiated from organization hypothesis, referring to a concoction of vertical integration and industrial transaction.
<u><em>The correct option is (d) </em></u>