The berndt corporation expects to have sales of $12 million. costs other than depreciation are expected to be 75% of sales, and depreciation is expected to be $1.5 million. all sales revenue will be collected in cash, and costs other than depreciation must be paid for during the year. berndt's federal-plus-state tax rate is 40%. berndt has no debt. a. set up an income statement. what is berndt's expected net cash flow? b. suppose congress changed the tax laws so that berndt's depreciation expenses doubled. no changes in operational occurred. what would happen to reported profit and to net cash flow? c. now suppose that congress changed the tax laws such that, instead of doubling berndt's depreciation, it was reduced by 50%. how would profit and net cash flow be affected? d. if this were your company, would you prefer congress to cause your depreciation expense to be doubled or halved? why?

Henry crouch's law office has traditionally ordered ink refills 7070 units at a time. the firm estimates that carrying cost is 4545% of the $1212 unit cost and that annual demand is about 245245 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal? its action would be optimal given an ordering cost of $nothing per order (round your response to two decimal place

Arriving and delivering a load of company executives for a business meeting at a destination far from home base requiring an overnight stay, a company’s pilot requested approval from the company finance office to pay to either have the company’s jet brought into the fbo's hangar overnight to protect it from a forecast snowfall or to have it de-iced by the fbo the following morning well-before scheduled departure. the company was under considerable financial pressure at the time, and the pilot’s requests were denied because of the cost. so, early the following morning, the pilot was up on the wing of the jet sweeping off an accumulation of snow and ice with a borrowed push broom in preparation for the scheduled departure with the executives, but slipped and fell to the ground, suffering a broken neck. the business was organized as a limited partnership, owned by 3 limited partners and one general partner. as a cost-saving measure, the company had dropped its workers’ compensation insurance before the accident. analyze the potential liability for the pilot’s injuries of each of the following, showing your reasoning clearly: the company the general partner the limited partners analyze how the outcome would have been different, if the business had been organized as a corporation and observed all of the formalities to legitimize its corporate status. analyze how the outcome would have been different, if the pilot had been covered by workers’ compensation insurance.

In most states, a licensee must provide a(n) of any existing agency relationships to all parties