Mohammad was an employee in the new product development department of estay inc. mohammad was directly involved in the development of a new product that estay intended to launch in 6 months. estay took great care to keep information concerning the new product a secret. ceries, inc., a competitor of estay, persuaded mohammad to leave estay to direct ceries’ marketing department. which statement is correct?

a. mohammad can share with ceries the confidential information he knows about estay’s new product because he was directly involved in its development.
b. mohammad can share with ceries the confidential information he knows about estay’s new product because his agency relationship with estay is terminated.
c. mohammad cannot share with ceries the confidential information he knows about estay’s new product because of the equal dignities rule.
d. mohammad cannot share with ceries the confidential information he knows about estay’s new product because he has a duty not to disclose confidential information he acquired during the agency.

Walsh company manufactures and sells one product. the following information pertains to each of the company’s first two years of operations: variable costs per unit: manufacturing: direct materials $ 25 direct labor $ 12 variable manufacturing overhead $ 5 variable selling and administrative $ 4 fixed costs per year: fixed manufacturing overhead $ 400,000 fixed selling and administrative expenses $ 60,000 during its first year of operations, walsh produced 50,000 units and sold 40,000 units. during its second year of operations, it produced 40,000 units and sold 50,000 units. the selling price of the company’s product is $83 per unit. required: 1. assume the company uses variable costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 2. assume the company uses absorption costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 3. reconcile the difference between variable costing and absorption costing net operating income in year 1.

You meet that special person and get married. amazingly your spouse has exactly the same income you do 47,810. if your tax status is now married filing jointly what is your tax liability

Jaynet spends $50,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $95,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 35 paintings per year at a price of $6,000 each: a. what are her accounting profits? b. what are her economic profits?