Dicker furriers purchased 1,000 bonds of loose corporation on january 10, 2020, for $800 per bond and classified the investment as securities available-for-sale. loose's market value was $400 per bond on december 31, 2020, and the decline was due to a noncredit loss. as of december 31, 2021, dicker still owned the loose bonds whose market value had declined to $100 per bond. the additional decline is due to a credit loss of $300 per bond. dicker does not believe (and never has believed) it is more likely than not that it would have to sell the loose investment before fair value recovers. dicker's december 31, 2021, balance sheet and the 2021 income statement would show the following: investment in loose bonds income statement loss on investmentsa. $ 100,000 $ 700,000b. $ 100,000 $ 300,000c. $ 800,000 $ 0d. $ 500,000 $ 300,000

How will firms solve the problem of an economic surplus a. decrease prices to the market equilibrium price b. decrease prices so they are below the market equilibrium price c.increase prices

At a student café, there are equal numbers of two types of customers with the following values. the café owner cannot distinguish between the two types of students because many students without early classes arrive early anyway (i.e., she cannot price-discriminate). students with early classes students without early classes coffee 70 60 banana 51 101 the marginal cost of coffee is 10 and the marginal cost of a banana is 40. the café owner is considering three pricing strategies: 1. mixed bundling: price bundle of coffee and a banana for 161, or just a coffee for 70. 2. price separately: offer coffee at 60, price a banana at 101. 3. bundle only: coffee and a banana for 121. do not offer goods separately. assume that if the price of an item or bundle is no more than exactly equal to a student's willingness to pay, then the student will purchase the item or bundle. for simplicity, assume there is just one student with an early class, and one student without an early class. price strategy revenue from pricing strategy cost from pricing strategy profit from pricing strategy 1. mixed bundling $ $ $ 2. price separately $ $ $ 3. bundle only $ $ $ pricing strategy yields the highest profit for the café owner.

Use the information below to answer the following question. the boxwood company sells blankets for $60 each. the following was taken from the inventory records during may. the company had no beginning inventory on may 1. date blankets units cost may 3 purchase 5 $20 10 sale 3 17 purchase 10 $24 20 sale 6 23 sale 3 30 purchase 10 $30 assuming that the company uses the perpetual inventory system, determine the gross profit for the month of may using the lifo cost method.