On may 1, the bank said it may lend money to nim com soup, inc. the amount will depend on nim com soup's income statement for the month of may. since the bank did not specify, nim com soup did not follow generally accepted accounting principles (gaap). it reported net income for the month ended may 31 of $20,000. the revenue included $1,000 of cash collected in advance from customers for services to be performed in june. the revenue also included a $12,000 increase in the value of its land. the expenses excluded $3,000 it owed for services it received in may. what is nim com soup's gaap net income?

Atlas manufacturing produces a unique valve, and has the capacity to produce 50,000 valves annually. currently atlas produces 40,000 valves and is thinking about increasing production to 45,000 valves next year. what is the most likely behavior of total manufacturing costs and unit manufacturing costs given this change? a. total manufacturing costs will increase and unit manufacturing costs will also increase. b. total manufacturing costs will stay the same and unit manufacturing costs will stay the same. c. total manufacturing costs will increase and unit manufacturing costs will decrease. d. total manufacturing costs will increase and unit manufacturing costs will stay the same.

Christopher kim, cfa, is a banker with batts brothers, an investment banking firm. kim follows the energy industry and has frequent contact with industry executives. kim is contacted by the ceo of a large oil and gas corporation who wants batts brothers to underwrite a secondary offering of the company's stock. the ceo offers kim the opportunity to fly on his private jet to his ranch in texas for an exotic game hunting expedition if kim's firm can complete the underwriting within 90 days. according to cfa institute standards of conduct, kim: a) may accept the offer as long as he discloses the offer to batts brothers.b) may not accept the offer because it is considered lavish entertainment.c) must obtain written consent from batts brothers before accepting the offer.

Identify at least 3 body language messages that project a positive attitude