New York has an annual payroll of $ 140 comma 000. In addition, the company incurs payroll tax expense of 7% of the annual payroll. At December 31, New York owes salaries of $ 7 comma 600 and FICA and other payroll tax of $ 650. The company will pay these amounts early next year. Requirement 1. Show what New York will report for the foregoing on its income statement for the year and on its yea

The uptowner just paid an annual dividend of $4.12. the company has a policy of increasing the dividend by 2.5 percent annually. you would like to purchase shares of stock in this firm but realize that you will not have the funds to do so for another four years. if you require a rate of return of 16.7 percent, how much will you be willing to pay per share when you can afford to make this investment?

You are the owner of a local honda dealership. unlike other dealerships in the area, you take pride in your “no haggle” sales policy. last year, your dealership earned record profits of $1.5 million. however, according to the local chamber of commerce, your earnings were 10 percent less than either of your competitors. in your market, the price elasticity of demand for midsized honda automobiles is 4.5. in each of the last five years, your dealership has sold more midsized automobiles than any other honda dealership in the nation. this entitled your dealership to an additional 30 percent off the manufacturer’s suggested retail price (msrp) in each year. taking this into account, your marginal cost of a midsized automobile is $11,000. what price should you charge for a midsized automobile if you expect to maintain your record sales?

George retired from a local law firm and then volunteered to oversee a nonprofit's legal records. george is performing the duties of a: