Sweet dates company offers a premium to its customers—a glass bowl (cost to sweet dates is $0.90) upon return of 40 coupons. two coupons are placed in each box of dates sold. the company estimates, on the basis of past experience, that only 70% of the coupons will ever be redeemed. during 2016, 10 million boxes of dates are sold, for cash, at $0.30 each. eight million coupons are redeemed during 2016. sweet dates purchased 360,000 glass bowls for the plan on january 1, 2016.required: 1. prepare the journal entries related to the sale of dates and the premium plan in 2016.2. show how the preceding items would be reported on the december 31, 2016, balance sheet.

Two assets have the following expected returns and standard deviations when the risk-free rate is 5%: asset a e(ra) = 18.5% σa = 20% asset b e(rb) = 15% σb = 27% an investor with a risk aversion of a = 3 would find that on a risk-return basis. a. only asset a is acceptable b. only asset b is acceptable c. neither asset a nor asset b is acceptable d. both asset a and asset b are acceptable

Croy inc. has the following projected sales for the next five months: month sales in units april 3,850 may 3,875 june 4,260 july 4,135 august 3,590 croy’s finished goods inventory policy is to have 60 percent of the next month’s sales on hand at the end of each month. direct material costs $2.50 per pound, and each unit requires 2 pounds. raw materials inventory policy is to have 50 percent of the next month’s production needs on hand at the end of each month. raw materials on hand at march 31 totaled 3,741 pounds. 1. determine budgeted production for april, may, and june. 2. determine the budgeted cost of materials purchased for april, may, and june. (round your answers to 2 decimal places.)

> > objectives define federalism and explain why the framers adopted a federal system instead of a unitary system. categorize powers delegated to and denied to the national government, and powers reserved for and denied to the states, and the difference between exclusive and concurrent powers.