Warren enterprises had the following events during year 1: the business issued $33,000 of common stock to its stockholders. the business purchased land for $25,000 cash. services were provided to customers for $29,000 cash. services were provided to customers for $18,000 on account. the company borrowed $29,000 from the bank. operating expenses of $25,000 were incurred and paid in cash. salary expense of $2,100 was accrued. a dividend of $17,000 was paid to the stockholders of warren enterprises. assuming the company began operations during year 1, the amount of retained earnings as of december 31, year 1 would be: a. 32900
b. 2700
c. 47000
d. 2900

Winners of the georgia lotto drawing are given the choice of receiving the winning amount divided equally over 2121 years or as a lump-sum cash option amount. the cash option amount is determined by discounting the annual winning payment at 88% over 2121 years. this week the lottery is worth $1616 million to a single winner. what would the cash option payout be?

After the embarrassing sign incident at the restaurant you own, you decide to offer employees a six-week fundamental writing skills workshop. a local business communication instructor, who has experience teaching writing skills at treleaven community college, will facilitate the sessions. to encourage employees to attend these optional sessions, write an email that explains why you’re offering the workshop and why employees should participate.

David consumes two things: gasoline (g) and bread (b). david's utility function is u(g, b) = 10g^0.25 b^0.75. use the lagrange technique to solve for david's optimal choices of gasoline and bread as a function of the price of gasoline, p_g, the price of bread, p_b, and his income m. with recent decrease in the price of gasoline (maybe due to external shock such as shale gas production) does david increase his consumption of gasoline? for david, how does partial differential g/partial differential p_g depend on his income m? that is, how does david's change in gasoline consumption due to an increase in the price of gasoline depend on his income level? to answer these questions, find the cross-partial derivative, |partial differential^2 g/partial differential m partial differential p_g.