Congress has delegated the authority of making rules governing the conduct of business and labor in certain areas to ________

A) the federal courts
B) the House of Representatives and the Senate
C) the U.S. president
D) administrative agencies

D

Business

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Given the following financial statements for ACME Corporation, what amount did the company

pay in dividends for 2010? Income Statement Balance Sheet Year Ended 12/31/10 12/31/2010 12/31/2009 Sales $1,300,000 Current Assets $50,000 $45,000 Cost of Goods Sold 750,000 Gross Fixed Assets 880,000 650,000 Operating Expenses 200,000 Less Accumulated Depreciation 450,000 350,000 Depreciation Expense 100,000 Fixed Assets 430,000 350,000 EBIT 250,000 Total Assets $480,000 $395,000 Interest Expense 50,000 EBT 200,000 Current Liabilities $35,000 $50,000 Taxes 80,000 Long-term Debt 330,000 270,000 Net Income $120,000 Common Stock 5,000 5,000 Retained Earnings 110,000 70,000 Total Liabilities & Equity $480,000 $395,000 A) $25,000 B) $100,000 C) $80,000 D) $45,000

Business

Defined benefit plans may be integrated with Social Security so as to provide a total guaranteed monthly benefit

Indicate whether the statement is true or false

Business