The following is the adjusted trial balance for baker services. accounts debit credit cash $34,000 accounts receivable 28,000 prepaid insurance 7,500 office supplies 3,000 land 48,000 building 150,000 accumulated depreciation—building $15,500 equipment 71,000 accumulated depreciation—equipment 7,000 accounts payable 23,000 salaries payable 4,000 unearned revenue 29,000 mortgage payable 100,000 common stock 10,000 retained earnings 11,500 dividends 22,000 service revenue 280,000 salaries expense 62,000 depreciation expense—building and equipment 5,900 supplies expense 14,000 insurance expense 14,600 utilities expense 20,000 total $480,000 $480,000 after the closing entries are posted, what is the balance in retained earnings?

Acompany is developing a new high­performance wax for cross country ski racing. in order to justify the price marketingwants, the wax needs to be very fast. specifically, the mean time to finish their standard test course should be less thanseconds for a former olympic champion. to test it, the champion will ski the course 8 times. the champion's times(selected at random) are 59.9 61.9 48.8 52.2 46.6 45.3 50.6 and 41.1 seconds to complete the test course. complete parts a and b below.a) should they market the wax? assume the assumptions and conditions for appropriate hypothesis testing are metfor the sample.assume=0.05. what are the null and alternative hypotheses? choose the correct answer below.b) suppose they decide not to market the wax after the test, but it turns out that the wax really does lower the champion'saverage time to less thanseconds. what kind of error have they made? explain the impact to the company of such anerror.

Scenario: you have advised the owner of bond's gym that the best thing to do would be to raise the price of a monthly membership. the owner wants to know what may happen once this price increase goes into effect. what will most likely occur after the price of a monthly membership increases? check all that apply. current members will pay more per month. the quantity demanded for memberships will decrease. the number of available memberships will increase. the owner will make more money. bond's gym will receive more membership applications.

A$100 million interest rate swap has a remaining life of 10 months. under the terms of the swap, the six-month libor is exchanged semi-annually for 12% per annum. the six-month libor rate in swaps of all maturities is currently 10% per annum with continuous compounding. the six-month libor rate was 9.6% per annum two months ago. what is the current value of the swap to the party paying floating? what is its value to the party paying fixed?