Riverbend Inc. received a $307,500 dividend from stock it held in Hobble Corporation. Riverbend's taxable income is $2,620,000 before deducting the dividends-received deduction (DRD), a $54,000 NOL carryover, and a $177,000 charitable contribution. a. What is riverbend deductible DRD asuming it owns 16 percent of hobble Corp?
b. Assuming the facts in part A what is riverband marginal tax rate on the dividend?
c. What is riverbends DRD assuming it owns 31 percent of hobble corp?
d. Assuming the facts in part C, what is riverband's marginal tax rate on the dividend?
e. What is riverbands DRD assuming its own 90 percent of hobble corp (and is part of the same affiliated group)?
f. Assuming the facts in part E what is riverbends marginl tax rate on the dividend?

The price of trade suppose that portugal and sweden both produce rye and wine. portugal's opportunity cost of producing a bottle of wine is 4 bushels of rye while sweden's opportunity cost of producing a bottle of wine is 10 bushels of rye. by comparing the opportunity cost of producing wine in the two countries, you can tell thatportugal/sweden has a comparative advantage in the production of wine.andportugal/sweden has a comparative advantage in the production of rye. suppose that portugal and sweden consider trading wine and rye with each other. portugal can gain from specialization and trade as long as it receives more rye for each bottle of wine it exports to sweden. similarly, sweden can gain from trade as long as it receives more bottles of wine for each bushel of rye it exports to portugal. based on your answer to the last question, which of the following prices of trade (that is, price of wine in terms of rye) would allow both sweden and portugal to gain from trade? a. 1 bushels of rye per bottle of wineb. 8 bushels of rye per bottle of winec. 9 bushels of rye per bottle of wined. 3 bushels of rye per bottle of wine

Jordan, inc. sells fireworks. the company’s marketing director developed the following cost of goods sold budget for april, may, june, and july. april may june july budgeted cost of goods sold $62,000 $72,000 $82,000 $88,000 jordan had a beginning inventory balance of $3,000 on april 1 and a beginning balance in accounts payable of $14,600. the company desires to maintain an ending inventory balance equal to 15 percent of the next period’s cost of goods sold. jordan makes all purchases on account. the company pays 65 percent of accounts payable in the month of purchase and the remaining 35 percent in the month following purchase. required prepare an inventory purchases budget for april, may, and june. determine the amount of ending inventory jordan will report on the end-of-quarter pro forma balance sheet. prepare a schedule of cash payments for inventory for april, may, and june. determine the balance in accounts payable jordan will report on the end-of-quarter pro forma balance sheet.

What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk