You purchased 100 shares of megacorp for $17 per share four months ago. the brokerage fee was 4% of the total dollar amount of the purchase. today you sold the shares for $23.50 per share. brokerage fees were 4% of the total sale value. if you are in the .28 marginal tax bracket, how much tax do you owe on the capital gain? (hint: since this is a short term investment [less than one year], you will utilize the marginal tax bracket of .28 instead of using the .15 [which is for long term capital gains and dividends.)

Mr. beautiful, an organization that sells weight training sets, has an ordering cost of $40 for the bb-1 set. (bb-1 stands for body beautiful number 1.) the carrying cost for bb-1 is $5 per set per year. to meet demand, mr. beautiful orders large quantities of bb-1 seven times a year. the stockout cost for bb-1 is estimated to be $50 per set. over the past several years, mr. beautiful has observed the following demand during the lead time for bb-1: demand during lead time probability40 0.150 0.260 0.270 0.280 0.290 0.1total 1.0the reorder point for bb-1 is 60 sets. what level of safety stock should be maintained for bb-1?