The following income statement data (in millions) for dunn inc. and heston company were taken from their recent annual reports: 1 dunn heston 2 net sales $63,000.00 $115,000.00 3 cost of goods sold (expense) (46,300.00) (92,400.00) 4 operating expenses (9,400.00) (39,400.00) 5 operating income (loss) $7,300.00 $(16,800.00) required: a. prepare a vertical analysis of the income statement for dunn. round percentages to one decimal place. (note: use a minus sign to indicate a net loss.) b. prepare a vertical analysis of the income statement for heston. round percentages to one decimal place. (note: use a minus sign to indicate a net loss.) c. based on (a) and (b), how does dunn compare to heston?

Select the correct answer. the word intestate means that a person has died with or without a will?

Awidower devised his fee simple interest in his residence as follows: “to my daughter for life, then to my oldest grandchild who survives her.” at the time of the widower’s death, he was survived by his only two children, a son and a daughter, and by one grandchild, his daughter’s son. a short time later, the daughter together with her son entered into a contract to sell the residence in fee simple to a buyer. the applicable jurisdiction continues to follow the common law rule against perpetuities, but has abrogated the rule in shelley’s case. at the closing, the buyer refused to purchase the residence. can the sellers compel the buyer to do so?

Exercise 18-15 sheffield appliance center is an experienced home appliance dealer. sheffield appliance center also offers a number of services for the home appliances that it sells. assume that sheffield appliance center sells ovens on a standalone basis. sheffield appliance center also sells installation services and maintenance services for ovens. however, sheffield appliance center does not offer installation or maintenance services to customers who buy ovens from other vendors. pricing for ovens is as follows. oven only $790 oven with installation service 850 oven with maintenance services 970 oven with installation and maintenance services 990 in each instance in which maintenance services are provided, the maintenance service is separately priced within the arrangement at $180. additionally, the incremental amount charged by sheffield appliance center for installation approximates the amount charged by independent third parties. ovens are sold subject to a general right of return. if a customer purchases an oven with installation and/or maintenance services, in the event sheffield appliance center does not complete the service satisfactorily, the customer is only entitled to a refund of the portion of the fee that exceeds $790. assume that a customer purchases an oven with both installation and maintenance services for $990. (b) indicate the amount of revenue that should be allocated to the oven, the installation, and to the maintenance contract.