The following financial information is given for General Electric for fiscal year 2001 (in thousands): Sales $125,679 Cash $ 9,082 Cost of Goods Sold 42,008 Inventory 8,565 Gross Profit 83,671 Current Assets 340,708 Net Income 13,684 Total Assets 495,023 Operating Cash Flow 32,195 Current Liabilities 198,904 Earnings per share 1.38 Total Liabilities 440,111 Dividends per share 0.66 Total Equity 54,824 Net Income (fiscal year 2000) 12,735 Total Assets (fiscal year 2000) 437,006 Sales (fiscal year 2000) 129,417 Inventory (fiscal year 2000) 7,812 In GE's 2001 common-size income statement, Net Income is equal to: a. 16.4% b. 10.9% c. 100.0% d. 2.8%

Trecek corporation incurs research and development costs of $625,000 in 2017, 30 percent of which relate to development activities subsequent to ias 38 criteria having been met that indicate an intangible asset has been created. the newly developed product is brought to market in january 2018 and is expected to generate sales revenue for 10 years. assume that a u. s.–based company is issuing securities to foreign investors who require financial statements prepared in accordance with ifrs. thus, adjustments to convert from u. s. gaap to ifrs must be made. ignore income taxes. required: (a) prepare journal entries for research and development costs for the years ending december 31, 2017, and december 31, 2018, under (1) u. s. gaap and (2) ifrs. (c) prepare the entry(ies) that trecek would make on the december 31, 2017, and december 31, 2018, conversion worksheets to convert u. s. gaap balances to ifrs.

For a firm that uses the weighted average method of process costing, which of the following must be true? (a) physical units can be greater than or less than equivalent units. (b) physical units must be equal to equivalent units. (c) equivalent units must be greater than or equal to physical units. (d) physical units must be greater than or equal to equivalent units.

1. which of the following is true about how your skill set relates to a future career? (1 point) employers like to hire people with only full-time job experience. employers consider subject-specific skills for new positions. skills learned in high school should not be included. skills from part-time jobs and volunteer work may prove beneficial in future jobs. 2. which of the following is a list of broad categories of skills? (1 point) creativity, art and communications, tools and trade, literacy and language, and interpersonal skills english and literacy, tools and trade, mathematics, and creativity interpersonal skills, intrapersonal skills, writing and literacy, tools and trade, and creativity mathematics and data, words and literacy, tools and tasks, interpersonal relationships, and creativity