You manage a popular malt shop and lately revenues have been disappointing. your friend suggests that raising soda prices will increase revenues, but your waitress suggests that decreasing soda prices will increase revenues. you aren't sure who is right, but you do know that: a. your friend thinks the demand for sodas is elastic, while your waitress thinks the demand for sodas is inelastic. b. your friend thinks the demand for sodas is inelastic, while your waitress thinks the demand for sodas is elastic. c. both the friend and waitress think the demand for sodas is elastic. d. both the friend and waitress think the demand for sodas is inelastic. e. your friend thinks the demand curve for sodas is nearly horizontal, while your waitress thinks the demand curve is nearly vertical.

Cosmetic profits. sally is the executive vice president of big name cosmetics company. through important and material, nonpublic information, she learns that the company is soon going to purchase a smaller chain of stores. it is expected that stock in big name cosmetics will rise dramatically at that point. sally immediately buys a number of shares of her company's stock. she also tells her friend alice about the expected purchase of stores. alice wanted to purchase stock in the company but lacked the funds with which to do so. although she did not have the funds in bank a, alice decided to draw a check on bank a and deposit the check in bank b and then proceed to write a check on bank b to cover the purchase of the stock. she hoped that she would have sufficient funds to deposit before the check was presented for payment. of which of the following offenses, if any, is alice guilty of by buying stock?

What is the state tax rate for a resident of arizona whose annual taxable income is $18,000?

On january 15, the end of the first biweekly pay period of the year, north company’s payroll register showed that its employees earned $32,000 of sales salaries. withholdings from the employees’ salaries include fica social security taxes at the rate of 6.2%, fica medicare taxes at the rate of 1.45%, $3,000 of federal income taxes, $772 of medical insurance deductions, and $260 of union dues. no employee earned > $7,000 in this first period. prepare the journal entry to record north company’s january 15 (employee) payroll expenses and liabilities.