At december 31, 2018, stacy mcgill corporation reported current assets of $370,000 and current liabilities of $200,000. the following items may have been recorded incorrectly: goods purchased costing $22,000 were shipped f. o.b. shipping point by a supplier on december 28. mcgill received and recorded the invoice on december 31, 2018, but the goods were not included in mcgill’s physical count of inventory. goods purchased costing $15,000 were shipped f. o.b. destination by a supplier on december 26. mcgill received and recorded the invoice on december 31, but the goods were not included in mcgill’s 2018 physical count of inventory because they were not received until january 2, 2019.. goods held on consignment from claudia kishi company were included in mcgill’s december 31, 2018 physical count of inventory at $13,000. freight-in of $3,000 was debited to advertising expense on december 28, 2018. required: a) compute the current ratio based on mcgill's balance sheet. b) recompute the current ratio after corrections are made. c) by which amount will income (before taxes) be adjusted up or down as a result of the corrections

Suppose that a firm is considering moving from a batch process to an assembly-line process to better meet evolving market needs. what concerns might the following functions have about this proposed process change: marketing, finance, human resources, accounting, and information systems?

Cooper sues company a in state court in south carolina, where he lives, for negligence alleging personal injury and property damage of $100,000 after a truck driven by an employee of company a rear-ended his pickup truck. company a is incorporated in delaware, has its headquarters in new york, but does a substantial amount of business in south carolina. claiming diversity of citizenship, company a seeks removal to federal district court, but cooper opposes the motion. which of the following is true regarding whether the case may be properly removed to federal district court? the amount in controversy satisfies diversity requirements; and if company a's nerve center is in a state other than south carolina, then the case may be properly removed to federal court. the amount in controversy satisfies diversity requirements; and because company a is incorporated and has its headquarters in a state other than south carolina, the case may be properly removed to federal court. because the amount in controversy satisfies diversity requirements and company a is incorporated in a state other than south carolina, the case may be properly removed to federal court regardless of where company a's headquarters, nerve center, or principal place of business is located. because the amount in controversy satisfies diversity requirements and company a is headquartered in a state other than south carolina, the case may be properly removed to federal court regardless of where company a is incorporated and regardless of the location of its nerve center. because the amount in controversy fails to satisfy jurisdictional requirements, regardless of the location of company a, the case may not be removed to federal court.

An economic theory that calls for workers to take control of factories is .