Question 13
In 1936, Eugene Talmadge lost his campaign for the U. S. Senate to Richard B. Russell.

What can you infer about how Georgians viewed the New Deal from this statement?

A
The New Deal became less popular with Georgians
B
The New Deal became more popular with Georgians
C
The New Deal remained unpopular with most Georgia voters.
D
The New Deal was no longer a major political issue for Georgia voters.

The following legal claims exist for m. finger co. identify the accounting treatment for each claim as either (a) a liability that is recorded or (b) an item described in notes to its financial statements. 1. m. finger (defendant) estimates that a pending lawsuit could result in damages of $1,250,000; it is reasonably possible that the plaintiff will win the case. an item described in notes to its financial statements. a liability that is recorded. 2. m. finger faces a probable loss on a pending lawsuit; the amount is not reasonably estimable. a liability that is recorded. an item described in notes to its financial statements. 3. m. finger estimates damages in a case at $3,500,000 with a high probability of losing the case. an item described in notes to its financial statements. a liability that is recorded. the amount that m. finger co. should record in its accounting records related to these suits is: