Carter corporation has some money to invest, and its treasurer is choosing between city of chicago municipal bonds and u. s. treasury bonds. both have the same maturity, and they are equally risky and liquid. if treasury bonds yield 6%, and carter's marginal income tax rate is 40%, what yield on the chicago municipal bonds would make carter's treasurer indifferent between the two? answer 3.42% 3.60% 3.78% 3.97% 4.17%

The following cost and inventory data are taken from the accounting records of mason company for the year just completed: costs incurred: direct labor cost $ 90,000 purchases of raw materials $ 134,000 manufacturing overhead $ 205,000 advertising expense $ 45,000 sales salaries $ 101,000 depreciation, office equipment $ 225,000 beginning of the year end of the year inventories: raw materials $ 8,100 $ 10,300 work in process $ 5,900 $ 21,000 finished goods $ 77,000 $ 25,800 required: 1. prepare a schedule of cost of goods manufactured. 2. prepare the cost of goods sold section of mason company’s income statement for the year.