Major league apparel has two classes of stock authorized: 6%, $10 par preferred, and $1 par value common. the following transactions affect stockholders’ equity during 2018, its first year of operations: january 2 issue 110,000 shares of common stock for $64 per share. february 14 issue 54,000 shares of preferred stock for $12 per share. may 8 repurchase 11,000 shares of its own common stock for $54 per share. may 31 reissue 5,500 shares of treasury stock for $59 per share. december 1 declare a cash dividend on its common stock of $0.70 per share and a $32,400 (6% of par value) cash dividend on its preferred stock payable to all stockholders of record on december 15. the dividend is payable on december 30. (hint: dividends are not paid on treasury stock.) december 30 pay the cash dividends declared on december 1.

Coca-cola was primarily known for its core competencies in marketing, bottling, and distributing aerated drinks. however, with the success of gatorade, coca-cola developed competencies in the development and marketing of its own sports drink, powerade. which of the following is true of coca-cola? a. it is leveraging existing core competencies to improve current market position. b. it is building new core competencies to protect and extend its current market position. c. it is redeploying and recombining existing core competencies to compete in markets of the future. d. it is targeting the chasm between the early adopter and early majority market segment.

Mason farms purchased a building for $689,000 eight years ago. six years ago, repairs costing $136,000 were made to the building. the annual taxes on the property are $11,000. the building has a current market value of $840,000 and a current book value of $494,000. the building is totally paid for and solely owned by the firm. if the company decides to use this building for a new project, what value, if any, should be included in the initial cash flow of the project for this building? $0$582,000$840,000$865,000$953,000

Anew japanese restaurant opens two blocks from your home. the owner, reiko, is a personal friend of yours. you don't particularly like japanese food, but you decide to go anyway; however, there is nothing on the menu that sounds appealing. unfortunately, it turns out that most of the people in your town don't like japanese cuisine either. reiko confides that business is not good, but she isn't sure what to do from an economic standpoint. which of the following would most likely describe adam smith's perspective on this problem? select one: a. reiko should ask the government for assistance. b. reiko should close the restaurant and find a different career. c. reiko should lay off workers and do everything herself to save money. d. reiko should add other foods to the menu and offer discounts to attract more people to her restaurant.