Bad firms
A) do not have an incentive to make themselves look good.
B) will slant the information they are required to transmit to the public.
C) both A and B of the above.
D) neither A nor B of the above.
B
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The following is the adjusted trial balance from the worksheet for Tuttle Photography
Tuttle Photography Adjusted Trial Balance For the Year Ended December 31, 2016 Accounts Debit Credit Cash $ 15,000 Accounts Receivable 30,000 Prepaid Insurance 7,500 Office Supplies 3,200 Building 160,000 Accumulated Depreciation-Building $ 12,000 Equipment 75,000 Accumulated Depreciation-Equipment 8,500 Land 40,000 Accounts Payable 12,000 Salaries Payable 2,000 Unearned Revenue 25,000 Mortgage Payable 100,000 Common Stock 21,290 Dividends 23,000 Service Revenue 289,000 Salaries Expense 61,000 Depreciation Expense-Building and Equipment 6,150 Office Supplies Expense 14,040 Insurance Expense 14,000 Utilities Expense 20,900 Total $469,790 $469,790 Using the information provided in the worksheet above, prepare an income statement for Tuttle Photography. What will be an ideal response
Poultry Processing processes chickens for fast food restaurants. The Majestic chickens arrive from the farms on trucks, in cages, at a rate of 8 trucks per hour according to the Poisson distribution
The quality standards of Poultry Processing require that the chickens be processed within 30 minutes, which includes the time from when the trucks arrive until the chickens are finished processing. Determine the maximum average processing rate (in truckloads per hour) that must be designed for the machine, in order to ensure that the cages will be processed, on the average, in 30 minutes or less. Assume processing time is exponentially distributed.