Answer:
Jacobsen Corporation
Income from continuing operations of $621,000 will be reported.
Explanation:
The income from continuing operations is the same thing as the operating income. It is the pre-tax income that is reported on Jacobsen Corporation's income statement for the year ended December 31, 2016. The tax rate of 30% is applied on this figure to obtain the income tax expense for the year. But, for Jacobsen that has other unusual items, these are taken into consideration before the income tax is imputed to obtain the after-tax income.
Answer:
Option A. Establishing a code of ethics
Option B. Providing support for whistleblowers
Option D. Referring ethical dilemmas to an ethics committee
Explanation:
Professor Quinn had chosen all of the options except providing ethics tainings for the employees because every employee have minimum ethics knowledge.
Having code of ethics builds a sense of better dealings in a work environment. It also triggers a sense of ethical values that an oganization wants to promote among its employees.
Providing support for whistleblowers help in identifying potential threats and risks associated with human resource and company assets. It also help in enfocing ethical values which can't be compromised.
Referring ethical dilemmas to the Ethics Committee will enable resolving of conflicts within an organization on a timely basis.
Answer:
Full question: <em>On their birthdays, employees at a large company are permitted to take a 60-minute lunch break instead of the usual 30 minutes. Data were obtained from 10 randomly selected company employees on the amount of time that each actually took for lunch on his or her birthday. The company wishes to investigate whether these data provide convincing evidence that the mean time is greater than 60 minutes. Of the following, which information would NOT be expected to be a part of the process of correctly conducting a hypothesis test to investigate the question, at the 0.05 level of significance?</em>
<em>Answe</em><em>r: Since that the p-value is greater than 0.05, rejecting the null hypothesis and concluding that the mean time was not greater than 60 minutes. </em>
Explanation:
<em>From the given question let us recall the following statements:</em>
<em>Employees at a large company are permitted to take a 60-minute Lunch break instead of the 30 minutes.</em>
<em>Data was gotten from = 10 randomly selected company employees on the amount of time that each actually took for lunch on his or her birthday</em>
<em>Given that the p-value is greater than 0.05, rejecting the null hypothesis and concluding that the mean time was not greater than 60 minutes.</em>
<em>The company tries to investigate the data to know that the mean is greater than 60 minutes</em>
<em>the next step is to find the process of correctly conducting a hypothesis test to investigate the question, at the 0.05 level of significance</em>
<em>Therefore,</em>
<em>Since that the p-value is greater than 0.05, rejecting the null hypothesis and concluding that the mean time was not greater than 60 minutes. </em>
<em>Or</em>
<em>The P-value> 0.05</em>
<em>The mean time is not greater than 60 minutes</em>
Answer:
Option "B" is the correct answer to the following question.
Explanation:
Given:
Owner's equity (Opening) = $35,000
Net income = $30,000
Investments by owner = $15,000
Withdrawals = $5,000.
Owner's equity (Closing) = ?
Computation of closing equity:
Owner's equity (Closing) = Owner's equity (Opening) + Net income + Investments - Withdrawals
Owner's equity (Closing) = $35,000 + 30,000 + $15,000 - $5,000
Owner's equity (Closing) = $80,000 - $5,000
Owner's equity (Closing) = $75,000
Answer:
Last In First Out (LIFO)
Explanation:
The cost flow assumption of the last-in, first-out (LIFO) allocates the cost of goods available for sale between the end of inventory and the cost of goods sold on the assumption that the most recent purchases (the last in) are the first ones sold (the first out).
Therefore, LIFO methods give the most recent cost of purchase.
