Bjorn owns a 60% interest in an s corporation that earned $150,000 in the current year. he also owns 60% of the stock in a c corporation that earned $150,000 during the year. the s corporation distributed $30,000 to bjorn and the c corporation paid dividends of $30,000 to bjorn. how much income must bjorn report from these businesses? a.$0 income from the s corporation and $30,000 income from the c corporation. b.$90,000 income from the s corporation and $0 income from the c corporation. c.$90,000 income from the s corporation and $30,000 income from the c corporation. d.$30,000 income from the s corporation and $30,000 of dividend income from the c corporation. e. none of these choices are correct.

The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out

Colter steel has $5,550,000 in assets. temporary current assets $ 3,100,000 permanent current assets 1,605,000 fixed assets 845,000 total assets $ 5,550,000 assume the term structure of interest rates becomes inverted, with short-term rates going to 10 percent and long-term rates 2 percentage points lower than short-term rates. earnings before interest and taxes are $1,170,000. the tax rate is 40 percent earnings after taxes = ?

Arecession is defined as a period in which