Presented below is information related to Bonita Corp. for the year 2020. Net sales $1,248,000 Write-off of inventory due to obsolescence $76,800
Cost of goods sold 748,800 Depreciation expense omitted by accident in 2019 52,800
Selling expenses 62,400 Casualty loss 48,000
Administrative expenses 46,080 Cash dividends declared 43,200
Dividend revenue 19,200 Retained earnings at December 31, 2019 940,800
Interest revenue 6,720

Effective tax rate of 20% on all items.
Required:
a. Prepare a multiple-step income statement for 2020. Assume that 55,620 shares of common stock are outstanding. (Round earnings per share to 2 decimal places, e. g. 1.49.)
b. Prepare a separate retained earnings statement for 2020. (List items that increase adjusted retained earnings first.)

Consider the local telephone company, a natural monopoly. the following graph shows the monthly demand curve for phone services and the company’s marginal revenue (mr), marginal cost (mc), and average total cost (atc) curves. 0 2 4 6 8 10 12 14 16 18 20 100 90 80 70 60 50 40 30 20 10 0 price (dollars per subscription) quantity (thousands of subscriptions) d mr mc atc 8, 60 suppose that the government has decided not to regulate this industry, and the firm is free to maximize profits, without constraints. complete the first row of the following table. pricing mechanism short run long-run decision quantity price profit (subscriptions) (dollars per subscription) profit maximization marginal-cost pricing average-cost pricing suppose that the government forces the monopolist to set the price equal to marginal cost. complete the second row of the previous table. suppose that the government forces the monopolist to set the price equal to average total cost. complete the third row of the previous table. under average-cost pricing, the government will raise the price of output whenever a firm’s costs increase, and lower the price whenever a firm’s costs decrease. over time, under the average-cost pricing policy, what will the local telephone company most likely do

Peyton taylor drew a map with scale 1 cm to 10 miles. on his map, the distance between silver city and golden canyon is 3.75 cm. what is the actual distance between silver city and golden canyon?

According to the philosopher immanuel kant, the right of employees to know the nature of the job they are being hired to do and the obligation of a company not to deceive them in this respect is mainly reflective of the basic right of . privac yb. free consentc. freedom of speechd. freedom of consciencee. first refusal