Awall street journal article noted that a study by the u. s. congressional budget office "estimated raising the minimum wage to $10.10 an hour would reduce u. s. employment by 500,000 but lift 900,000 americans out of poverty." source: julie jargon and eric morath, "as wage debate rages, some have made the shift," wall street journal, april 8, 2014. the minimum wage might reduce employment because a. it would require training and benefits which would be too expensive to hire new workers. b. some workers may choose not to work at the higher wage. c. employer costs would increase. d. the increase raises the wage for all workers.

Dodd corporation uses the weighted-average method in its process costing system. this month, the beginning inventory in the first processing department consisted of 400 units. the costs and percentage completion of these units in beginning inventory were:

Abank provides its customers mobile applications that significantly simplify traditional banking activities. for example, a customer can use a smartphone to take a picture of a check and electronically deposit into an account. this unique service demonstrates the bank’s desire to practice which one of porter’s strategies?

Exercise 7-7 martinez company reports the following financial information before adjustments. dr. cr. accounts receivable $168,900 allowance for doubtful accounts $3,200 sales revenue (all on credit) 849,300 sales returns and allowances 50,440 prepare the journal entry to record bad debt expense assuming martinez company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but allowance for doubtful accounts had a $1,550 debit balance. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when the amount is entered. do not indent manually.)