Common-size and trend percents for rustynail company's sales, cost of goods sold, and expenses follow. common-size percents trend percents 2017 2016 2015 2017 2016 2015 sales 100.0 % 100.0 % 100.0 % 104.9 % 103.7 % 100.0 % cost of goods sold 63.2 61.0 58.0 114.3 109.1 100.0 total expenses 14.4 13.9 14.2 106.5 101.5 100.0 determine the net income for the following years. (enter all amounts as positive values.) did the net income increase, decrease, or remain unchanged in this three-year period? remained unchanged net income increased net income decreased

The blank is type of decision-maker who over analyzes information

You are chairman of the board of a successful technology firm. there is a nominal federal corporate tax rate of 35 percent, yet the effective tax rate of the typical corporation is about 12.6%. your firm has been clever with use of transfer pricing and keeping money abroad and has barely paid any taxes over the last 5 years; during this same time period, profits were $28 billion. one member of the board feels that it is un-american to use various accounting strategies in order to avoid paying taxes. others feel that these are legal loopholes and corporations have a fiduciary responsibility to minimize taxes. one board member quoted what the ceo of exxon once said: “i’m not a u.s. company and i don’t make decisions based on what’s good for the u.s.” what are the alternatives? what are your recommendations? why do you recommend this course of action?

Wilson center is a private not-for-profit voluntary health and welfare entity. during 2017, it received unrestricted pledges of $638,000, 65 percent of which were payable in 2017, with the remainder payable in 2018 (for use in 2018). officials estimate that 14 percent of all pledges will be uncollectible. a. how much should wilson center report as contribution revenue for 2017? b. in addition, a local social worker, earning $20 per hour working for the state government, contributed 600 hours of time to wilson center at no charge. without these donated services, the organization would have hired an additional staff person. how should wilson center record the contributed service?