Pisa company acquired 75 percent of siena company on january 1, 2003 at book value. during 2003, siena purchased inventory for $35,000 and sold it to pisa for $50,000. of this amount, pisa reported $20,000 in ending inventory in 2003 and later sold it in 2004. in 2004, pisa sold inventory it had purchased for $40,000 to siena for $60,000. siena sold $45,000 of this inventory in 2004. in 2004, pisa reported stand-alone income of $760,000 and siena reported total net income of $105,000.

Oliver is the vice president of production at his company and has been managing the launch of new software systems. he worked with a team of individuals who were tasked to create awareness about a specific product and also to approach potential purchasers of the product. which department managers were part of oliver’s team?

Andy owns islander surfboard inc. in the past, andy has always given his employees bonuses during the holidays if they reached certain sales goals. this year, even though the company is thriving, he decided to cut bonuses from employees and award them to himself instead. what ethical theory of leadership is andy following?

Exercise 2-12 cost behavior; high-low method [lo2-3, lo2-4] speedy parcel service operates a fleet of delivery trucks in a large metropolitan area. a careful study by the company’s cost analyst has determined that if a truck is driven 120,000 miles during a year, the average operating cost is 11.6 cents per mile. if a truck is driven only 80,000 miles during a year, the average operating cost increases to 13.6 cents per mile. required: 1.& 2. using the high-low method, estimate the variable and fixed cost elements of the annual cost of truck operation. (round the "variable cost per mile" to 3 decimal places.)