Golden parachutes are property rights generally given to the ________
A) managers
B) suppliers
C) shareholders
D) customers
A
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Corriveau Industries decided to switch from an accelerated depreciation method to a straight-line method in the second quarter of 2016 . This is classified as a cumulative effect of a change in accounting principle
The first-quarter, pretax income reported was $30,000, and projected pretax income for 2016 was $90,000 . If Corriveau had used straight-line depreciation for the quarter, pretax income would have been $35,000 and projected pretax income for 2016 would have been $110,000 . The cumulative effect on prior years from the change is a $50,000 increase in retained earnings. The second-quarter income using straight-line depreciation is $20,000, and the expected annual earnings continue to be $110,000 . Assume that Corriveau is subject to a flat 25% statutory tax rate for 2016 . Corriveau is expecting $5,000 of tax-free income during the third and fourth quarters of 2016 . Required: For all categories of income, calculate the interim tax expense for the first quarter, first quarter restated, and second quarter.
Section 8(b)(1)(A ) of the NLRA allows union actions that restrain, coerce, or interfere with employee rights under Section 7 of the NLRA.?
Indicate whether the statement is true or false