Mouton & perrier, inc., has a number of divisions that produce liquors, bottled water, and glassware. the glassware division manufactures a variety of bottles that can be sold externally (to soft-drink and juice bottlers) or internally to mouton & perrier’s bottled water division. sales and cost data on a case of 24 basic 12-ounce bottles are as follows: unit selling price $2.90 unit variable cost $1.05 unit product fixed cost* $0.70 practical capacity in cases 580,000 *$406,000/580,000 during the coming year, the glassware division expects to sell 470,000 cases of this bottle. the bottled water division currently plans to buy 93,220 cases on the outside market for $2.90 each. ellyn burridge, manager of the glassware division, approached justin thomas, manager of the bottled water division, and offered to sell the 93,220 cases for $2.85 each. ellyn explained to justin that she can avoid selling costs of $0.13 per case by selling internally and that she would split the savings by offering a $0.05 discount on the usual price. required:

1. what is the minimum transfer price that the glassware division would be willing to accept? round to the nearest cent. $ per unit

2. what is the maximum transfer price that the bottled water division would be willing to pay? round to the nearest cent. $ per unit

Cosmetic profits. sally is the executive vice president of big name cosmetics company. through important and material, nonpublic information, she learns that the company is soon going to purchase a smaller chain of stores. it is expected that stock in big name cosmetics will rise dramatically at that point. sally immediately buys a number of shares of her company's stock. she also tells her friend alice about the expected purchase of stores. alice wanted to purchase stock in the company but lacked the funds with which to do so. although she did not have the funds in bank a, alice decided to draw a check on bank a and deposit the check in bank b and then proceed to write a check on bank b to cover the purchase of the stock. she hoped that she would have sufficient funds to deposit before the check was presented for payment. of which of the following offenses, if any, is alice guilty of by buying stock?

The following selected circumstances relate to pending lawsuits for erismus, inc. erismus’s fiscal year ends on december 31. financial statements are issued in march 2019. erismus prepares its financial statements according to u.s. gaap. required: indicate the amount erismus would record as an asset, liability, or not accrued in the following circumstances. 1. erismus is defending against a lawsuit. erismus's management believes the company has a slightly worse than 50/50 chance of eventually prevailing in court, and that if it loses, the judgment will be $1,000,000. 2. erismus is defending against a lawsuit. erismus's management believes it is probable that the company will lose in court. if it loses, management believes that damages could fall anywhere in the range of $2,000,000 to $4,000,000, with any damage in that range equally likely. 3. erismus is defending against a lawsuit. erismus's management believes it is probable that the company will lose in court. if it loses, management believes that damages will eventually be $5,000,000, with a present value of $3,500,000. 4. erismus is a plaintiff in a lawsuit. erismus's management believes it is probable that the company eventually will prevail in court, and that if it prevails, the judgment will be $1,000,000. 5. erismus is a plaintiff in a lawsuit. erismus’s management believes it is virtually certain that the company eventually will prevail in court, and that if it prevails, the judgment will be $500,000.

The returns on the common stock of maynard cosmetic specialties are quite cyclical. in a boom economy, the stock is expected to return 22 percent in comparison to 9 percent in a normal economy and a negative 14 percent in a recessionary period. the probability of a recession is 35 percent while the probability of a boom is 10 percent. what is the standard deviation of the returns on this stock?