Common stock ($10 par value, 74,500 shares issued and outstanding) $745,000 paid-in capital in excess of par value 489,500 retained earnings 695,000 during the year, the following transactions occurred. jan. 15 declared a $0.60 cash dividend per share to stockholders of record on january 31, payable february 15. feb. 15 paid the dividend declared in january. apr. 15 declared a 10% stock dividend to stockholders of record on april 30, distributable may 15. on april 15, the market price of the stock was $12 per share. may 15 issued the shares for the stock dividend. dec. 1 declared a $0.70 per share cash dividend to stockholders of record on december 15, payable january 10, 2023. dec. 31 determined that net income for the year was $369,000.

Dahlia enterprises needs someone to supply it with 127,000 cartons of machine screws per year to support its manufacturing needs over the next five years, and you’ve decided to bid on the contract. it will cost you $940,000 to install the equipment necessary to start production; you’ll depreciate this cost straight-line to zero over the project’s life. you estimate that in five years, this equipment can be salvaged for $77,000. your fixed production costs will be $332,000 per year, and your variable production costs should be $11.00 per carton. you also need an initial investment in net working capital of $82,000. if your tax rate is 30 percent and your required return is 11 percent on your investment, what bid price should you submit? (do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

The 39 percent and 38 percent tax rates both represent what is called a tax "bubble." suppose the government wanted to lower the upper threshold of the 39 percent marginal tax bracket from $335,000 to $208,000. what would the new 39 percent bubble rate have to be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)

In the united states, one worker can produce 10 tons of steel per day or 20 tons of chemicals per day. in the united kingdom, one worker can produce 5 tons of steel per day or 15 tons of chemicals per day. the united kingdom has a comparative advantage in the production of: