Shown below in t-account format are the changes affecting the retained earnings of brenner-jude corporation during 2021. at january 1, 2021, the corporation had outstanding 105 million common shares, $1 par per share. retained earnings ($ in millions) 90beginning balance retirement of 5 million common shares for $22 million2 88net income for the year declaration and payment of a $0.33 per share cash dividend33 declaration and distribution of a 4% stock dividend20 123ending balance required: 1. from the information provided by the account changes, you should be able to recreate the transactions that affected brenner-jude’s retained earnings during 2021. prepare the journal entries that brenner-jude must have recorded during the year for these transactions. (hint: in lieu of revenues and expenses, use an account titled "income summary" to close net income or net loss.) 2. prepare a statement of retained earnings for brenner-jude for the year ended 2021.

Payday loans could be considered as a. illegal b.subprime lending c. good deal for borrower d. for frequent use

Mr. smith recently faced a choice between being (a) an economics profes-sor, which pays $60,000/yr, or (b) a safari leader, which pays $50,000/yr. after careful deliberation, smith took the safari job, but it was a close call. "for a dollar more," he said, "i'd have gone the other way."now smith's brother-in-law approaches him with a business proposition. the terms are as follows: - smith must resign his safari job to work full-time in his brother-in-law's business.- smith must give his brother-in-law an interest-free loan of $100,000, which will be repaid in full if and when smith leaves the business. (smith currently has much more than $100,000 in the the business will pay smith a salary of $70,000/yr. he will receive no other payment from the business.the interest rate is 10 percent per year. apart from salary considerations, smith feels that working in the business would be just as enjoyable as being an economics professor. for simplicity, assume there is no uncertainty regarding either smith's salary in the proposed business or the security of his monetary investment in it. should smith join his brother-in-law and, if so, how small would smith's salary from the business have to be to make it not worthwhile for him to join? if not, how large would smith's salary from the business have to be to make it worthwhile for him to join?

Describe the three different ways the argument section of a cover letter can be formatted