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Peter earms $20 00 per hour for straight time (40 hours), and the company pays him time -and-a-half for overtime. He worked 45 hours at
Peter earms $20 00 per hour for straight time (40 hours), and the company pays him time -and-a-half for overtime. He worked 45 hours at his job during the first week of March 2018. What was Peters gross pay for the week? OA. $904.50 O B. $1,350.00 O c. $950.00 O D. $900,00 Bachman, Inc. plans to develop a shopping center In the first quarter, the following amounts were spent Acquisition of land Surveys and legal fees Land clearing Fencing Install lighting and signage $25,000 800 600 6,000 1,660 What amount should be recorded as the cost of the land in the corporation's books? O A. $32,400 OB. $31,600 O C. $26,400 O D. S28,060 A corporation has been sued for product failures allegediy resulting in injuries to the individuals bringing the lawsuit The company's lawyers believe it is more than remote, but less than probable, that the lawsuit will result in an actual liability Which of the following actions shoukd be taken by the company's management? A. Management should consider resigning B. The liability should be estimated and recorded as an expense. O C. The possible liability should be ignored O D. The situation should be described in a note to the financial statements
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