Post all adjusting entries to the t-accounts and calculate ending balances. Post the transactions in the order they appear in the journal entries. DateAccounts and ExplanationDebitCredit Dec. 31Salaries Expense2,200 Salaries Payable 2,200 DateAccounts and ExplanationDebitCredit Dec. 31Depreciation Expense - Furniture100 Accumulated Depreciation - Furniture 100 DateAccounts and ExplanationDebitCredit Dec. 31Insurance Expense425 Prepaid Insurance 425 DateAccounts and ExplanationDebitCredit Dec. 31Supplies Expense130 Office Supplies 130 DateAccounts and ExplanationDebitCredit Dec. 31Unearned Revenue300 Service Revenue 300 DateAccounts and ExplanationDebitCredit Dec. 31Accounts Receivable1,700 Service Revenue 1,700 Accounts Receivable Bal. 800 Accumulated Depreciation - Furniture 0 Bal. Depreciation Expense - Furniture

You are chairman of the board of a successful technology firm. there is a nominal federal corporate tax rate of 35 percent, yet the effective tax rate of the typical corporation is about 12.6%. your firm has been clever with use of transfer pricing and keeping money abroad and has barely paid any taxes over the last 5 years; during this same time period, profits were $28 billion. one member of the board feels that it is un-american to use various accounting strategies in order to avoid paying taxes. others feel that these are legal loopholes and corporations have a fiduciary responsibility to minimize taxes. one board member quoted what the ceo of exxon once said: “i’m not a u.s. company and i don’t make decisions based on what’s good for the u.s.” what are the alternatives? what are your recommendations? why do you recommend this course of action?

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.

Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.