Part a in late 2017, the nicklaus corporation was formed. the corporate charter authorizes the issuance of 4,000,000 shares of common stock carrying a $1 par value, and 1,000,000 shares of $5 par value, noncumulative, nonparticipating preferred stock. on january 2, 2018, 2,000,000 shares of the common stock are issued in exchange for cash at an average price of $12 per share. also on january 2, all 1,000,000 shares of preferred stock are issued at $30 per share. required: 1. prepare journal entries to record these transactions. 2. prepare the shareholders' equity section of the nicklaus balance sheet as of march 31, 2018. (assume net income for the first quarter 2018 was $1,300,000.) part b during 2018, the nicklaus corporation participated in three treasury stock transactions: on june 30, 2018, the corporation reacquires 150,000 shares for the treasury at a price of $14 per share. on july 31, 2018, 25,000 treasury shares are reissued at $17 per share. on september 30, 2018, 25,000 treasury shares are reissued at $12 per share.

Agood for which demand increases as income rises is and a good for which demand increases as income falls is

The amberssen specialty company is a chain of twelve retail stores that sell a variety of imported gift items, gourmet chocolates, cheeses, and wines in the toronto area. amberssen has an is staff of three people who have created a simple but effective information system of networked point-of-sale registers at the stores and a centralized accounting system at the company head- quarters. harry hilman, the head of amberssens is group, has just received the following memo from bill amberssen, sales director (and son of amberssen’s founder). harry—it’s time amberssen specialty launched itself on the internet. many of our competitors are already there, selling to customers without the expense of a retail storefront, and we should be there too. i project that we could double or triple our annual revenues by selling our products on the internet. i’d like to have this ready by - giving, in time for the prime holiday gift-shopping season. bill after pondering this memo for several days, harry scheduled a meeting with bill so that he could clarify bill’s vision of this venture. using the standard con- tent of a system request as your guide, prepare a list of questions that harry needs to have answered about this project.

Find the zeros of the polynomial 5 x square + 12 x + 7 by factorization method and verify the relation between zeros and coefficient of the polynomials