A comparative balance sheet for Hartman Corporation is presented below:HARTMAN CORPORATION Comparative Balance Sheet 2017 2016Assets Cash $36,000 $31,000Accounts Receivable (net) 70,000 60,000Prepaid Insurance 25,000 17,000Land 18,000 40,000Equipment 70,000 60,000Accumulated Depreciation (20,000) (13,000)Total Assets $199,000 $195,000Liabilities and Stockholders' Equity Accounts Payable $11,000 $6,000Bonds Payable 27,000 19,000Common Stock 140,000 115,000Retained Earning 21,000 55,000Total Liabilities & Stockholders' Equity $ 199,000 $ 195,000Additional information:1. Net loss for 2017 is $20,000.2. Cash dividends of $14,000 were declared and paid in 2017.3. Land was sold for cash at a loss of $4,000. This was the only land transaction during the year.4. Equipment with a cost of $15,000 and accumulated depreciation of $10,000 was sold for $5,000 cash.5. $22,000 of bonds were retired during the year at carrying (book) value.6. Equipment was acquired for common stock. The fair market value of the stock at the time of the exchange was $25,000.Instructions:Prepare a statement of cash flows for the year ended 2017, using the indirect method.

Bill dukes has $100,000 invested in a 2-stock portfolio. $62,500 is invested in stock x and the remainder is invested in stock y. x's beta is 1.50 and y's beta is 0.70. what is the portfolio's beta? do not round your intermediate calculations. round the final answer to 2 decimal places.

There is a small, family-owned store that sells food and household goods in a small town. the owners have good relations with the community, especially with local farmers who supply much of the food. the farmers aren't organized into a cooperative or union, and the store deals with each individually. suppose the store wanted to buy some farms to control the supply of certain vegetables. how would you classify this strategic move? select one: a. horizontal integration b. forward integration c. backward integration d. concentric integration

Nell and kirby are in the process of negotiating their divorce agreement. what should be the tax consequences to nell and kirby if the following, considered individually, became part of the agreement? a. in consideration for her one-half interest in their personal residence, kirby will transfer to nell stock with a value of $200,000 and $50,000 of cash. kirby's cost of the stock was $150,000, and the value of the personal residence is $500,000. they purchased the residence three years ago for $300,000.nell's basis for the stock is $ xkirby's basis in the house is $ xb. nell will receive $1,000 per month for 120 months. if she dies before receiving all 120 payments, the remaining payments will be made to her estate.the payments (qualify, do not qualify) as alimony and are (included in, excluded from) nell's gross income as they are received.c. nell is to have custody of their 12-year-old son, bobby. she is to receive $1,200 per month until bobby (1) dies or (2) attains age 21 (whichever occurs first). after either of these events occurs, nell will receive only $300 per month for the remainder of her life.$ x per month is alimony that is (included in, excluded from) nell's gross income, and the remaining $ x per month is considered (child support, property settlement) and is (nontaxable, taxable) to nell.