Partial adjusted trial balance for cullumber company at december 31, 2017, includes the following accounts: retained earnings $16,000, dividends $4,000, service revenue $35,000, salaries and wages expense $13,000, insurance expense $1,700, rent expense $3,800, supplies expense $1,400, and depreciation expense $800. the balance in retained earnings is the balance as of january 1. prepare a retained earnings statement for the year assuming net income is $10,400. (list items that increase retained earnings first.)

What part of the rational model of decision-making does the former business executive “elliott” have a problem completing?

Data for hermann corporation are shown below: per unit percent of sales selling price $ 125 100 % variable expenses 80 64 contribution margin $ 45 36 % fixed expenses are $85,000 per month and the company is selling 2,700 units per month. required: 1-a. how much will net operating income increase (decrease) per month if the monthly advertising budget increases by $9,000 and monthly sales increase by $20,000? 1-b. should the advertising budget be increased?

Rolston music company is considering the sale of a new sound board used in recording studios. the new board would sell for $27,200, and the company expects to sell 1,570 per year. the company currently sells 2,070 units of its existing model per year. if the new model is introduced, sales of the existing model will fall to 1,890 units per year. the old board retails for $23,100. variable costs are 57 percent of sales, depreciation on the equipment to produce the new board will be $1,520,000 per year, and fixed costs are $1,420,000 per year.if the tax rate is 35 percent, what is the annual ocf for the project?