North corp. has an employee benefit plan for compensated absences that gives employees 10 paid vacation days and 10 paid sick days. both vacation and sick days can be carried over indefinitely. employees can elect to receive payment in lieu of vacation days; however, no payment is given for sick days not taken. at december 31, 2013, north's unadjusted balance of liability for compensated absences was $21,000. north estimated that there were 150 vacation days and 75 sick days available at december 31, 2013. north's employees earn an average of $100 per day. in its december 31, 2013, balance sheet, what amount of liability for compensated absences is north required to report? a. $15,000b. $21,000c. $22,500d. $36,000

At april 1, 2019, the food and drug administration is in the process of investigating allegations of false marketing claims by hulkly muscle supplements. the fda has not yet proposed a penalty assessment. hulkly’s fiscal year ends on december 31, 2018. the company’s financial statements are issued in april 2019. required: for each of the following scenarios, determine the appropriate way to report the situation. 1. management feels an assessment is reasonably possible, and if an assessment is made an unfavorable settlement of $13 million is reasonably possible. 2. management feels an assessment is reasonably possible, and if an assessment is made an unfavorable settlement of $13 million is probable. 3. management feels an assessment is probable, and if an assessment is made an unfavorable settlement of $13 million is reasonably possible. 4. management feels an assessment is probable, and if an assessment is made an unfavorable settlement of $13 million is probable.

Contrast two economies that transitioned to capitalism and explain what factors affected the ease kf their transition as welas the “face” of capitalism that each has adopted

An allergy products superstore buys 6000 of their most popular model of air filters each year. the price of the air filters is $18. the cost of ordering and receiving shipments is $12 per order. accounting estimates annual carrying costs are 20% of the price. the supplier lead time is 2 days. the store operates 240 days per year. each order is received from the supplier in a single delivery. there are no quantity discounts. what is the store’s minimum total annual cost of placing orders & carrying inventory?