On january 1, year 5, olinto corp., an accrual basis, calendar year c corporation, had $35,000 in accumulated earnings and profits. for year 5, olinto had current earnings and profits of $15,000 and made two $40,000 cash distributions to its shareholders— one in april and one in september of year 5. what amount of the year 5 distributions is classified as dividend income to olinto’s shareholders?

Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.

An allergy products superstore buys 6000 of their most popular model of air filters each year. the price of the air filters is $18. the cost of ordering and receiving shipments is $12 per order. accounting estimates annual carrying costs are 20% of the price. the supplier lead time is 2 days. the store operates 240 days per year. each order is received from the supplier in a single delivery. there are no quantity discounts. what is the store’s minimum total annual cost of placing orders & carrying inventory?

Lakota is buying a new laptop. he wants to use google as his main search engine. he should be sure which internet browser(s) are loaded on his computer?