At december 31, the records of nortech corporation provided the following selected and incomplete data: common stock (par dollat 1; no changes during the current year). shares authorized, 500,000. shares issued, ? ; issue price dollar 23 per share. common stock account dollar 210,000. shares held as treasury stock, 3, 100 shares, cost dollar 21 per share. net income for the current year, dollar 165, 520. dividends declared and paid during the current year, dollar 53, 794. retained earnings balance, beginning of year, dollar 156,000. complete the following (round "per share" answers to 2 decimal places.) tip: to determine the number of shares issued, divide the balance in the common stock account by the par value per share.

Suppose a firm faces a fixed price of output, 푝푝= 1200. the firm hires workers from a union at a daily wage, 푤푤, to produce output according to the production function 푞푞= 2퐸퐸12. there are 225 workers in the union. any union worker who does not work for this firm is guaranteed to find nonunion employment at a wage of $96 per day. a.what is the firm’s labor demand function? b.if the firm is allowed to choose 푤푤, but then the union decides how many workers to provide (up to 225) at that wage, what wage will the firm set? how many workers will the union provide? what is the firm’s output and profit? what is the total income of the 225 union workers? c.now suppose that the union sets the wage, but the firm decides how many workers to hire at that wage (up to 225). what wage will the union set to maximize the total income of all 225 workers? how many workers will the firm hire? what is the firm’s output and profit? what is the total income of the 225 union workers? [hint: to maximize total income of union, take the first order condition with respect to w and set equal to 0.]

You are given the following information about aggregate demand at the existing price level for an economy: (1) consumption = $400 billion, (2) investment = $40 billion, (3) government purchases = $90 billion, and (4) net export = $25 billion. if the full-employment level of gdp for this economy is $600 billion, then what combination of actions would be most consistent with closing the gdp gap here?

Afamily wishes to save for future college expenses. which financial tool should the family invest in?