Shown below in t-account format are the changes affecting the retained earnings of forge corporation during 2018. at january 1, 2018, the corporation had outstanding 104 million common shares, $1 par per share. retained earnings ($ in millions) 99 beginning balance retirement of 4 million common shares for $28 million 2 83 net income for the year declaration and payment of a $0.31 per share cash dividend 31 declaration and distribution of a 5% stock dividend 26 123 ending balance required: 1. from the information provided by the account changes you should be able to recreate the transactions that affected forge’s retained earnings during 2018. prepare the journal entries that forge must have recorded during the year for these transactions. 2. prepare a statement of retained earnings for forge for the year ended 2018.

At which stage would you introduce your product to the market at large? a. development stage b. market testing stage c. commercialization stage d. ideation stage

You decide to invest in a portfolio consisting of 25 percent stock a, 25 percent stock b, and the remainder in stock c. based on the following information, what is the expected return of your portfolio? state of economy probability of state return if state occurs of economy stock a stock b stock c recession .16 - 16.4 % - 2.7 % - 21.6 % normal .55 12.6 % 7.3 % 15.9 % boom .29 26.2 % 14.6 % 30.5 %

Areal estate agent is considering changing her cell phone plan. there are three plans to choose from, all of which involve a monthly service charge of $20. plan a has a cost of $.42 a minute for daytime calls and $.17 a minute for evening calls. plan b has a charge of $.52 a minute for daytime calls and $.15 a minute for evening calls. plan c has a flat rate of $80 with 275 minutes of calls allowed per month and a charge of $.38 per minute beyond that, day or evening.a. determine the total charge under each plan for this case: 150 minutes of day calls and 70 minutes of evening calls in a month. (do not round intermediate calculations. round your answer to 2 decimal places. omit the "$" sign in your response.)c. if the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal? (round each answer to the nearest whole number.include the indifference point itself in each answer.)d. suppose that the agent expects both daytime and evening calls. at what point (i.e., percentage of total call minutes used for daytime calls) would she be indifferent between plans a and b?