Prepare an M-1 reconciliation for MDC Corporation (for tax year 2019) using the following data: Net income per books (after tax) 700,000 Federal income tax per books 150,000 Excess of capital losses over capital gains 100,000 Dividend income (MDC owns 1% of the paying corporation) 150,000 Marketing expense 80,000 Meals expense (total amount) 28,000 Tax-exempt interest income (private activity bond) 9,000 Book (GAAP) depreciation in excess of tax (MACRS) deprecation 250,000

Jimmy owns an ice cream parlor. he designs a schedule for the different tasks the employees have to perform in order to prevent monotony at work. according to the schedule, if an employee makes waffle cones on a day, he serves ice creams the next day and clears the tables on the day after that. jimmy is using the approach at his ice cream parlor.

Discuss how the resource-based view (rbv) of the firm combines the two perspectives of (1) an internal analysis of a firm and (2) an external analysis of its industry and its competitive environment. include comments on the different types of firm resources and how these resources can be used by a firm to build sustainable competitive advantages.

Wilson center is a private not-for-profit voluntary health and welfare entity. during 2017, it received unrestricted pledges of $638,000, 65 percent of which were payable in 2017, with the remainder payable in 2018 (for use in 2018). officials estimate that 14 percent of all pledges will be uncollectible. a. how much should wilson center report as contribution revenue for 2017? b. in addition, a local social worker, earning $20 per hour working for the state government, contributed 600 hours of time to wilson center at no charge. without these donated services, the organization would have hired an additional staff person. how should wilson center record the contributed service?