On December 31, Year 1, a company reports the following revenues and expenses.

Service revenue $72,000
Rent expense 12,200
Postage expense 1,200
Salaries expense 20,000
Legal fees expense 2,200
Supplies expense 12,000

In addition, the balance of common stock at the beginning of the year was $155,000, and the balance of retained earnings was $28,000. During the year, the company issued additional shares of common stock for $22,000 and paid dividends of $12,000.

a. Prepare an income statement.
b. Prepare a statement of stockholders’ equity.

While studying for the engineering economy final exam, you and two friends find yourselves craving a fresh pizza. you can't spare the time to pick up the pizza and must have it delivered. "pick-up-sticks" offers a 1-1/4-inch-thick (including toppings), 20-inch square pizza with your choice of two toppings for $15 plus 5% sales tax and a $1.50 delivery charge (no sales tax on delivery charge). "fred's" offers the round, deep-dish sasquatch, which is 20 inches in diameter. it is 1-3/4 inches thick, includes two toppings, and costs $17.25 plus 5% sales tax and free delivery. 1. what is the problem in this situation? state it in an explicit and precise manner. 2. systematically apply the seven principles of engineering economy (pp. 3-6) to the problem you have defined in part (a). 3. assuming that your common unit of measure is dollars (i.e., cost), what is the better value for getting a pizza based on the criterion of minimizing cost per unit of volume? 4. what other criteria might be used to select which pizza to purchase?

Owning a word is a characteristic of a powerful a. productb. servicec. organization d. brand

Salt corporation's contribution margin ratio is 78% and its fixed monthly expenses are $30,000. assume that the company's sales for may are expected to be $89,000. required: estimate the company's net operating income for may, assuming that the fixed monthly expenses do not change.