Which of the following statements is false?
a. having a first aid kit in an office is necessary
b. accidents happen, so it is not necessary to prepare for them
c. your company does need an emergency action plan
d. osha inspects workplaces to look for unsafe conditions

The question requires us to choose which among the given choices is not true. The answer is the second choice, "Accidents happen, so it is not necessary to prepare for them". Even if how unpredictable the nature of the accident is, we are still required to prepare for them in order to lessen the expected damages not only to properties but to the persons as well.

$18,000

Explanation:

Required:

Find the amount of income Perimeter recognizes in 20X1 as a result of the investment.

Amount of income to be recognized should be calculated as:

Share of net income - Amortization of equipment in excess of book value

Where,

Share of net income = 30% of net income

= 30% × $80,000

= $24,000

Less: Amortization of equipment in excess of book value =

Therefore, amount of income to be recognized =

$24,000 - $6,000

= $18,000

Amount of income Perimeter recognizes in 20X1 as a result of this investment is $18,000