Bart, inc., a newly organized corporation, uses the equity method of accounting for its 30% investment in rex co.'s common stock. during year 1, rex paid dividends of $300,000 and reported earnings of $900,000. in addition -the dividends received from rex are eligible for the 80% dividends received deductions. -all the undistributed earnings of rex will be distributed in future years. -there are no other temporary differences. -bart's year 1 income tax rate is 30%. -the enacted income tax rate after year 1 is 25%. in bart's december 31, year 1 balance sheet, the deferred income tax liability should bea. $10,800b. $9,000c. $5,400d. $4,500

The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out

How has internet access changed and affected globalization from 2003 to 2013? a ten percent increase in internet access has had little effect on globalization. a twenty percent decrease in internet access has had little effect on globalization. a thirty percent increase in internet access has sped up globalization. a fifty percent decrease in internet access has slowed down globalization.

Data for hermann corporation are shown below: per unit percent of sales selling price $ 125 100 % variable expenses 80 64 contribution margin $ 45 36 % fixed expenses are $85,000 per month and the company is selling 2,700 units per month. required: 1-a. how much will net operating income increase (decrease) per month if the monthly advertising budget increases by $9,000 and monthly sales increase by $20,000? 1-b. should the advertising budget be increased?