Trosper tire company has decided to hire a new mechanic to handle all tire changes for customers ordering a new set of tires. two mechanics are available for the job. one mechanic has limited experience and can be hired for $7 per hour. it is expected that this mechanic can service an average of three customers per hour. a mechanic with several years of experience is also being considered for the job. this mechanic can service an average of four customers per hour, but must be paid $10 per hour. assume that customers arrive at the trosper garage at the rate of two per hour. a) compute waiting-line operating characteristics for each mechanic b) if the company assigns a customer waiting cost of $15 per hour, which mechanic provides the lower operating cost? note: this is the cost of customer waiting in the system.

On january 1, 2017, fisher corporation purchased 40 percent (90,000 shares) of the common stock of bowden, inc. for $980,000 in cash and began to use the equity method for the investment. the price paid represented a $48,000 payment in excess of the book value of fisher's share of bowden's underlying net assets. fisher was willing to make this extra payment because of a recently developed patent held by bowden with a 15-year remaining life. all other assets were considered appropriately valued on bowden's books. bowden declares and pays a $90,000 cash dividend to its stockholders each year on september 15. bowden reported net income of $400,000 in 2017 and $348,000 in 2018. each income figure was earned evenly throughout its respective year. on july 1, 2018, fisher sold 10 percent (22,500 shares) of bowden's outstanding shares for $338,000 in cash. although it sold this interest, fisher maintained the ability to significantly influence bowden's decision-making process. prepare the journal entries for fisher for the years of 2017 and 2018. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your final answers to the nearest whole dollar.)

Which of the following would be an accurate statement about achieving a balanced budget

Adisadvantage of corporations is that shareholders have to pay on profits.