Hart, Attorney at Law, experienced the following transactions in Year 1, the first year of operations: a. Accepted $15,500 on April 1, Year 1, as a retainer for services to be performed evenly over the next 12 months.
b. Performed legal services for cash of $67,000.
c. Purchased $1,050 of office supplies on account.
d. Paid $945 of the amount due on accounts payable.
e. Paid a cash dividend to the stockholders of $4,900.
f. Paid cash for operating expenses of $20,900.
g. Determined that at the end of the accounting period, $135 of office supplies remained on hand.
h. On December 31, Year 1, recognized the revenue that had been earned for services performed in accordance with Transaction 1.

Required
Show the effects of the events on the financial statements using a horizontal statement model.

Hundreds of a bank's customers have called the customer service call center to complain that they are receiving text messages on their phone telling them to access a website and enter personal information to resolve an issue with their account. what action should the bank take?

University hero is considering expanding operations beyond its healthy sandwiches. jim axelrod, vice president of marketing, would like to add a line of smoothies with a similar health emphasis. each smoothie would include two free health supplements such as vitamins, antioxidants, and protein. jim believes smoothie sales should fill the slow mid-afternoon period. adding the line of smoothies would require purchasing additional freezer space, machinery, and equipment. jim provides the following projections of net sales, net income, and average total assets in support of his proposal. sandwichesonly sandwiches and smoothies net sales $ 750,000 $ 1,350,000 net income 120,000 210,000 average total assets 350,000 750,000 return on assetschoose numerator ÷ choose denominator = return on assets÷ = return on assets÷ = profit margin÷ = profit margin÷ = asset turnover÷ = asset turnover÷ = times

How success was the first day of the bus boycott